Christian Ecology Link prayer topic for today

Every country benefits directly from actions within its borders that release greenhouse gases, but the emissions have an effect on the whole global climate. Under the Clean Development Mechanism, carbon trading in 2006 and 2007 allowed $19.5 billion to move from industrial to developing countries to enable them to develop low-carbon technologies, so preventing an estimated 1.5 billion tons of CO2 emissions. But one problem with the CDM is that resulting avoidance of CO2 emissions might not take effect for many years. However, it is clear, despite objections from FoE and others, that carbon trading is here to stay, so that the challenge at Copenhagen will be to turn CDM into a system which delivers real emissions reductions both in industrial nations and, in the longer term allowing for much-needed development, in the rest of the world too.