Nov 28 2009
Dr. Steffen Bohm and Siddhartha Dabhi from the Essex Business School have written a book titled, ‘Upsetting the Offset: The Political Economy of Carbon Markets’, which was the outcome of the dissatisfaction that the global carbon markets have not really helped in reducing greenhouse emissions. This book comments on the increasing number of problems brought about by the steps taken to reduce the emission of carbon after the Kyoto Protocol Treaty, and it also consists of views from 30 experts, which are related to this issue of green house gas emissions.
Steffen Bohm and Siddhartha Dabhi have advised organizations and business firms to take up projects near residential areas for reducing the carbon footprint ratio. Organizations from all over the world are involved in carrying out carbon footprint reduction measures, which is considered as a multi-billion-dollar business. Things have turned out to be unappreciative, though most of the schemes adopted by these organizations. The companies which emit green house gases have just gained incentives through these schemes, and are continuing to pollute the environment by their emission of greenhouse gases. Steffen Bohm and Siddhartha Dabhi through their book have attempted to highlight that not much of initiatives have been taken to reduce the emission of greenhouse gases.
Steffen Bohm and Siddhartha Dabhi further remarked that the root cause of climate changes have not been studied by carbon markets. According to them, greenhouse gasses are emitted when coal, gas, oil, and other fossil fuels are burned. Companies are thus expected to take up schemes that would really benefit the environment and reduce the emission of greenhouse gases.
Source: http://www.essex.ac.uk/