http://www.triplepundit.com/2009/03/why-the-recession-is-good-for-the-carbon-offsets-market-but-bad-for-sustainability/ Business, Better. Since 2005 Sun, 21 Mar 2010 21:39:00 -0700 http://wordpress.org/?v=2.9.2 hourly 1 http://www.triplepundit.com/2009/03/why-the-recession-is-good-for-the-carbon-offsets-market-but-bad-for-sustainability/comment-page-1/#comment-8946 KyNam Doan Fri, 27 Mar 2009 04:16:48 +0000 http://www.triplepundit.com/wordpress/2009/03/why-the-recession-is-good-for-the-carbon-offsets-market-but-bad-for-sustainability/#comment-8946 Dale, Sorry for the late reply. There were some technical issues! Hoping for regulation to do its job is a tall order in my opinion. The regulatory system is a powerful, but slow machine and has yet to catch up with the private system (voluntary market). It's very possible that the low price of oil coupled with attractive value of voluntary market will hinder organic sustainability initiatives in the short to mid-term. In the long run, you're right, it's no big deal :) Dale, Sorry for the late reply. There were some technical issues! Hoping for regulation to do its job is a tall order in my opinion.
The regulatory system is a powerful, but slow machine and has yet to catch up with the private system (voluntary market). It’s very possible that the low price of oil coupled with attractive value of voluntary market will hinder organic sustainability initiatives in the short to mid-term.
In the long run, you’re right, it’s no big deal :)

]]> http://www.triplepundit.com/2009/03/why-the-recession-is-good-for-the-carbon-offsets-market-but-bad-for-sustainability/comment-page-1/#comment-8945 Dale S Fri, 20 Mar 2009 17:52:08 +0000 http://www.triplepundit.com/wordpress/2009/03/why-the-recession-is-good-for-the-carbon-offsets-market-but-bad-for-sustainability/#comment-8945 Well, I think that most voluntary carbon markets only exist in the absence of government regulation - and typically as a precursor to it. The reason is partly as a strategy to get ready for the inevitable regulation and also as a way to comply with foreign markets who might already have tighter regulations. So, I'm not sure the decline of voluntary markets is necessarily such a big deal, provided regulation does its job! Well, I think that most voluntary carbon markets only exist in the absence of government regulation – and typically as a precursor to it. The reason is partly as a strategy to get ready for the inevitable regulation and also as a way to comply with foreign markets who might already have tighter regulations.
So, I’m not sure the decline of voluntary markets is necessarily such a big deal, provided regulation does its job!

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