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KamaAina

(78,249 posts)
Fri Jun 19, 2015, 01:50 PM Jun 2015

Pope blasts California’s cap-and-trade system

http://www.sfgate.com/business/article/Pope-blasts-California-s-cap-and-trade-system-6336494.php

Pope Francis, in his highly anticipated call to action against climate change, took an unexpected swipe at the cap-and-trade systems used in both California and Europe to control greenhouse gases. They may sound good, the pontiff argued. But they won’t work.

“The strategy of buying and selling ‘carbon credits’ can lead to a new form of speculation which would not help reduce the emission of polluting gases worldwide,” Francis wrote in his wide-ranging encyclical on the environment and global warming.

“This system seems to provide a quick and easy solution under the guise of a certain commitment to the environment, but in no way does it allow for the radical change which present circumstances require,” he wrote. “Rather, it may simply become a ploy which permits maintaining the excessive consumption of some countries and sectors.”

His comments stunned many California environmentalists. Some had expressed their own reservations about cap and trade before the system launched in 2012, and in several cases, their concerns mirrored the pope’s. But they have largely rallied around the system to defend it from political attack.


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Pope blasts California’s cap-and-trade system (Original Post) KamaAina Jun 2015 OP
I hope that this will make a difference chapdrum Jun 2015 #1
 

chapdrum

(930 posts)
1. I hope that this will make a difference
Fri Jun 19, 2015, 06:17 PM
Jun 2015

profoundly hope, that is - but not likely to have much of an effect, if the initial reaction from the usual culprits is indicative.

If nothing else, this will, for some, be a test of adherence to papal teachings.

In my view, the Pope should take the additional step of publicly inviting selected industry CEO's to the Vatican in order to meet with him. Those declining the invitation would then be made known by the Vatican.

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