Saturday, October 9, 2010

Carbon Auction To Solve Climate Change Problem Urged

The worsening effects of climate change to human lives have been raised to global concern. Most nations around the world are finding possible solutions in controlling the adverse consequences of its impact to the people.

In Norway, a finance minister recently suggested auctioning off permits to industries worldwide emitting carbon dioxide and the profits that will be collected are expected to be used in helping nations with limited resources in combating greenhouse effect.

Norwegian finance minister Kristin Halvorsen said that looking more closely to the amounts of pollutants being emitted in the atmosphere will help nations monitor the safe level emissions and control the damaging effects of global warming. If only nations will be willing to participate in this drive to control pollutants, she said, then all will take their share in shelling out expenses to help those poor countries having difficulty in combating climate change effects.

Halvorsen, during an interview, said implementing a quota system, a small portion of the auction can serve as revenues of humanitarian agencies like United Nations or Green Peace International and any other organizations. In so doing, funding for environmental awareness and activities will be strengthened and projects for poor nations will be addressed immediately.

The minister said her proposal is just one of the possible solutions to the existing problems of climate change being faced by nations worldwide. This suggestion was well received by other officials of the United Nations, but its implementation is still under negotiation. One aspect that they are dealing with at present is the way how the aid will be distributed from the rich to the poor nations. Another is the willingness of industrialized nations to take part in the program.

Currently, regulations on the carbon emissions based on the Kyoto Protocol have not made any quota or monitoring system in any nation. Countries were given the autonomy to set their own system based on their targets.

Maynard Joseph Delfin finished AB Journalism (cum laude) at the University of Santo Tomas. He has worked as book editor, deskman, copy editor and research and publications officer in leading publishing and research companies in the Philippines. Read more of his blogs at

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