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What is carbon trading? | CNBC International

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  • Жарияланды 2023 ж. 3 Ақп.

Пікірлер • 196

  • Ferdinanda Aguilera
    Ferdinanda Aguilera  Жыл бұрын +110

    I wish they would link the sources of information or add citations. Having a references section would be greatly useful in aiding to provide credibility.

  • Debbie Dellacroce
    Debbie Dellacroce  Жыл бұрын +28

    I appreciate that he briefly discussed criticisms of carbon trading, but the root of our environmental crisis goes much farther than economic systems can address. I can't speak to the figures, and I'd love to believe these incentives curb emissions -- but it only enables (and indeed, caters to) the same corporate greed underlying ecological destruction. I think, though, that it may be more effective to suggest a change in the way we think about the environment: away from capitalist/market interests towards genuine compassion, equity, and preservation ideals. Positioning carbon caps as a solution is almost a distraction from what's really important, suggesting (to some) that carbon capping is a fully sufficient response to emissions, and that no further action, systemic change, or ideological change is necessary.

    • A Dohmnail
      A Dohmnail  Жыл бұрын

      First you have to prove that climate change is man made which their is absolutely no consensus on. Then you have to have a model which to this date every 'climate scientists' model has been slightly worse then the weatherman.

    • vash47
      vash47  Жыл бұрын

      exactly

  • D Scott Boris
    D Scott Boris 2 жыл бұрын +11

    All of these ideas are good, what’s important is the awareness of the issues will lead to innovation in solving the climate an economy.

  • Petrophysics
    Petrophysics 6 ай бұрын

    Very good and rapid summary, thanks

  • John Adkins
    John Adkins  Жыл бұрын +2

    An excellent way for the great and the good to extract profits from the system

  • Justin Madrid
    Justin Madrid  Жыл бұрын +6

    I like how this video describes these systems as 'schemes'. Very accurate but not in the way they intended.

    • Marc Aussie
      Marc Aussie 5 ай бұрын

      That's the way the UK and Australia describe their government programs, it's funny when you hear it from the U.S.

  • Jani Purnawanty
    Jani Purnawanty 2 ай бұрын +2

    clear and consice information, easy to digest even for the common people.

    • ftws41
      ftws41 Ай бұрын

      I have so more questions than I did before. What about all the pollution by the government, police and military? Where is the proof that this is working?

  • Luís Reis
    Luís Reis 2 жыл бұрын

    Thanks for the information Tom ;) !

  • Aleaandria1 Gmail com
    Aleaandria1 Gmail com  Жыл бұрын +2

    Amazing, I’ll really love more insight on this.

  • Lahiru Ranasinghe
    Lahiru Ranasinghe  Жыл бұрын

    thank you for the information...

  • reeve1able
    reeve1able  Жыл бұрын +1

    Carbon credits are going to be a mew form of corporation tax & force business abroad & cause unemployment in capital intensive industries (that employ mainly poor people)

  • Badrinath Illur
    Badrinath Illur 3 ай бұрын

    there should be per capita carbon units for each per person born on the planet.. so there will be uniform distribution of wealth as well as control of carbon emissions

  • Nadim
    Nadim 2 жыл бұрын +32

    carbon dioxide is CO_2 not CO^2 (in 0:29 )

    • Evan Hdez
      Evan Hdez  Жыл бұрын +2

      Yeah, we’re supposed to believe them yet they can’t even get the correct notation.

    • Amilton10
      Amilton10  Жыл бұрын

      Thank you

    • Aqua will purify Corona
      Aqua will purify Corona 2 жыл бұрын +2

      No shit madam Curie

  • Mathew Tarsal
    Mathew Tarsal  Жыл бұрын

    Good development company with safe operations

  • Bio Rotterdam for Energy Consultancy

    By providing economic incentives within a market-based system, many believe that carbon trading is the most effective way to fight climate change, but others argue that it will only delay society's transition away from fossil fuels. CNBC's Tom Chitty explains.

  • Tempest and a Computer
    Tempest and a Computer  Жыл бұрын +1

    As a student doing research, citations would be super helpful.

    • CNBC International
      CNBC International   Жыл бұрын +1

      All on screen graphics do have sources in the bottom corner - but noted, thanks!

  • Sam Villano
    Sam Villano 2 жыл бұрын +24

    About as good as recycling at actually helping the planet

    • noah mccormick
      noah mccormick 10 ай бұрын

      and they aim to capture billions of tons

  • Crazy J 902 - Topic
    Crazy J 902 - Topic 11 ай бұрын +5

    so Im confused - does this mean we can reduce our carbon footprint and pollution, BUT ONLY IF WE CAN AFFORD IT???!!!!

    • ftws41
      ftws41 Ай бұрын

      @Marc Aussie So the government, corporations and military will continue to pollute as the largest polluters in the world but a family in rural areas won't be able to afford to drive to the grocery store?

    • Crazy J 902 - Topic
      Crazy J 902 - Topic 5 ай бұрын

      @Marc Aussie it'd be like paying more, to downgrade, or paying less to upgrade.. Which prefer? If less is more the more is less. Sounds like an even-out. Maybe the trees will stop dropping heavy branches on us and trying to flatten us,.

    • Marc Aussie
      Marc Aussie 5 ай бұрын

      It means you can keep polluting if you can afford it. Hence why EU plans to gradually increase the price

  • smr144
    smr144  Жыл бұрын +7

    I like how they use nuclear plants, who have ZERO carbon footprint, as part of the visuals. 🙄

    • 92kosta
      92kosta  Жыл бұрын +5

      The smoke helps people visualize the CO2, even if it's actually a water vapor.

    • Demoking
      Demoking  Жыл бұрын

      yeah. pretty incredible how CNBC represents fossil fuel, coal and natural gas.

  • Minotauro Trading
    Minotauro Trading  Жыл бұрын

    has potencial and has a lot of carbon to be captured lets see if it moves forward.

  • Digital Addict
    Digital Addict  Жыл бұрын +6

    I wonder if this will be the bull run of the future. Similar to what GME or Crypto is right now.

  • 70ME3E
    70ME3E  Жыл бұрын +1

    how do new companies get quota? do they have to buy from someone?

  • Brandon Potts
    Brandon Potts  Жыл бұрын +1

    This would be an excellent solution for blockchain and or crypto to adopt

  • Ninetofive Subbrigade
    Ninetofive Subbrigade  Жыл бұрын +7

    So instead of fines...they give money :)) what a time to be alive

    • Ismail Blackrock
      Ismail Blackrock  Жыл бұрын

      This is fkn wild 😤💆‍♂️🤦‍♂️ they own air now

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  • 99Lysergic
    99Lysergic  Жыл бұрын

    Perfect

  • Zay La Soul
    Zay La Soul  Жыл бұрын +1

    I think my generation downplays the power of government organization! Sure it takes decades for laws to change but once the law manifests into the physical plane, rapid change takes place!

  • Nick Trevi
    Nick Trevi  Жыл бұрын +7

    Tom what about making a video on CBAM Carbon Border Adjustment by the EU?

  • Joram Mochiemo
    Joram Mochiemo 9 ай бұрын

    It would be great idea only a short period of time but in the long run it promotes more CO2 emissions

    • ftws41
      ftws41 Ай бұрын

      @Marc Aussie for who? the corporations, government and military or for a family with a garden?

    • Marc Aussie
      Marc Aussie 5 ай бұрын

      Not if the price gets high enough

  • Arslan Ayaz
    Arslan Ayaz 3 ай бұрын

    Well we know that we cannot shut down industries so carbon credits can play an important role in this:
    1. It will allow poor countries to earn by setting up a setup of reducing carbon like by growing trees etc that will reduce that amount of carbon which a specific industry may produce so that industry will pay that country/person for this.
    2. Gradually rates of carbon credits will increase as industries are making damage and environment is detiorating so they will try to shift to green solutions.

    • ftws41
      ftws41 Ай бұрын

      what about China?

  • Serg
    Serg  Жыл бұрын +4

    First you need to understand how to write CO2 correctly at timestamp 0:30.

  • Karma Dhadul Dholpo
    Karma Dhadul Dholpo  Жыл бұрын

    A revenue from carbon trading should use for environment project.

    • 92kosta
      92kosta  Жыл бұрын

      Nope. That revenue goes straight into the pockets of people who came up with such a stupid idea.

  • jack chen
    jack chen  Жыл бұрын

    if we can capture co2..
    modify it into methane, oxygen and water..
    come on billionaires.. we need that in every city..
    we should reduce oil as well..
    hydrogen and methane seems promising..
    we can use cassava roots to reduce plastic bags..

    • Joe Smith
      Joe Smith  Жыл бұрын

      Methane is a greenhouse gas, at least 30 times more dangerous as CO2.

  • V Fam
    V Fam 4 ай бұрын +1

    So it’s kind of like when the rich used to give money to the church to get into heaven 550 years ago no matter what they did? And the poor were punished because they didn’t have to money or wealth to “buy” forgiveness.

  • e gama
    e gama  Жыл бұрын +1

    if gold, silver, palladium, platinum, copper, and many other elements trade as commodities or through derivatives (futures), then carbon should too.

    • A Dohmnail
      A Dohmnail  Жыл бұрын

      There is no model that can ascertain agreed context terms nor a guesstimate on the 'science' part of climate change.

  • Vidya Krishnan
    Vidya Krishnan  Жыл бұрын +5

    So I can plant a bunch of trees and then sell credits? Please make a video on exactly how one can sell credits, like who determines that my trees are worth X$s of credit and what is the exchange I can sell it on ?

    • agav bond
      agav bond  Жыл бұрын +1

      you need land. they value carbon credit reduction by acre of land as well as the crops and methods used to grow the crops.
      planting trees isn't the only way to get carbon credits.

    • Evan Hdez
      Evan Hdez  Жыл бұрын

      It’ll probably cost more to maintain the trees though.

  • The GenX Gamer Guy
    The GenX Gamer Guy  Жыл бұрын +1

    Look, if you let me keep my gaming PC (I use 100% renewable energy by choice of my electricity provider), I will be FOR all of that.

  • JG
    JG  Жыл бұрын +4

    Sounds like a lot of fraud

  • Zachary Mitchell
    Zachary Mitchell  Жыл бұрын

    ♥️🥕

  • My Stock Market Picks
    My Stock Market Picks 2 жыл бұрын +1

    Carbon Capture coming in a bigger way

  • A
    A 22 күн бұрын

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  • Peter Lucas
    Peter Lucas 2 жыл бұрын +10

    *No 1: Don't Only Hope On Government For Income,*
    *No 2: As An Individual Look For Different Self Income Not Only Waiting on Monthly Wages,*
    *No 3: Always Save The Little You Can And Think Of What To Do With It When It Become Good For Capital.*
    *It's 100% Good To Have Different Ways To Gain Income*
    *Because Government have failed us so therefore let's try and survive*

    • Annie Raymond
      Annie Raymond 2 жыл бұрын

      BTC is the best investment one can make at this recent time to accumulate more profit after a successful trade

    • Beverly Rose
      Beverly Rose 2 жыл бұрын +1

      Bitcoin is heavily manipulated you need a reliable broker to stay on profit without losing

    • Mattew Li
      Mattew Li 2 жыл бұрын

      Me too As a beginner that wants to start trading it's really confusing I dont know where to start from

    • Donald Smith
      Donald Smith 2 жыл бұрын

      Sure investing in bitcoin is really a big chance to make more money nowadays

    • Cynthia Pamela
      Cynthia Pamela 2 жыл бұрын

      I held stocks for a long term but I swapped and invested in Bitcoin and forex and I have been earning much from it

  • ruffus dawes
    ruffus dawes  Жыл бұрын +1

    What a scam !!!!😆

  • Alparslan Korkmaz
    Alparslan Korkmaz 2 жыл бұрын +2

    Nice video.

  • alamin nxt
    alamin nxt 2 жыл бұрын

    that's good

  • WVMann
    WVMann  Жыл бұрын

    It starts with common sense. Turn the light off when you leave a room. Recycle metals. Use reusable bottles. Food shop at farmers markets. Compost your food waste. Use logistical common sense when you run errands to put less miles on your car.

    • ftws41
      ftws41 Ай бұрын

      mean while the military is testing their bombs, operating daily with what thousands of people could not create in their life times. The government, corporations and military will continue to pollute while families pay for carbon credits. Pollution will not stop because people recycle and reuse bottle or drive less. People are not the problem it is the governments and corporations.

  • Blanca U
    Blanca U  Жыл бұрын +3

    Lol.the rich are polluting but blaming it on all

  • Zachary Mitchell
    Zachary Mitchell  Жыл бұрын

    🏆🌽

  • Laura Jean-Louis
    Laura Jean-Louis  Жыл бұрын

    How can I help?

  • Shravan Kumar
    Shravan Kumar 2 жыл бұрын +3

    Fancy term for still allowing Carbon emissions, India, Brazil invested heavily under Kyoto protocol to reduce emissions with costlier technologies rather than development friendly fossil fuel now they say carbon credits earned earlier Kyoto regime it won't be counted under new Paris regime.

    • Bul Thaosen
      Bul Thaosen  Жыл бұрын

      @Dhrubajyoti Raja dude India per capita emission is well below global average. The Indians are not responsible for pollution. The other half of global population in the west are the major polluters.

    • Robben van Persie
      Robben van Persie  Жыл бұрын

      @Dhrubajyoti Raja true

    • donnie baker
      donnie baker 2 жыл бұрын

      we have 0.04% CO2 total by volume left in the atmosphere that every plant on Earth relies on two breeds for life if they don't breathe they die like animals do but in a different way is it your hope that we kill every plant on the Earth because when the European Union cuts the present number in half there will not be enough carbon dioxide left for anyting plant the living breathe now we have dropped it down to this level it was much higher when everything was green but we're getting to Green anymore we're getting pretty brown and dead shot from space all the Sea algae is dead already do you know what that means does anybody know what that means no nobody has a fucking clue what that means so I'll explain it to at least you before all is stupid ETA ship started back in 1971 Earth had 23% oxygen in the atmosphere now we're down to 19.5 because there's not enough goddamn fucking plants giving off oxygen for us to breathe is because we don't have enough God damn it. You just left to stay alive hardly when you kill off all the packing plants there's nothing left to do but watch each other right away I'm getting goddamn sick and tired of hearing this fucking stupid bull fucking shit

    • donnie baker
      donnie baker 2 жыл бұрын

      have you taken time to research the volume of carbon dioxide in the total atmosphere of the Earth. It takes about 2 and 1/2 minutes to get that number or would you like me to do that for you and show you the link but you'll have to be able to push the button I can't do that from my point and then you'll have to understand what it means to get the full impact after total brainwashing that is causing you not to be aware as a real danger that's been done to us so I'll try and if you possibly can understand we don't have much time left at all so if you can understand what this will tell you please spread it to as many people as possible as the elite are trying to do something very terrible to all of us since 1971
      www.atmo.arizona.edu/students/courselinks/fall15/atmo336s2/lectures/sec1/composition.html
      our total green house gasses is 0.04 of 1% this is the total amount that every plant on earth relies on to support all plant life ..
      and our green house is not very green anymore as most all Ocean Sea algae has already died causing our oxygen level to drop from 23% down to 19.5% is all the oxygen we have left I want to drop down to 18 we all pass out am I get down to Seventeen point five percent we're fucking suffocated to death now the stupid bastards want to cut what we have left of carbon dioxide down to 55% that will kill every fucking God damn plant on the whole goddamn fucking planet not very fucking smart don't you think

    • Dhrubajyoti Raja
      Dhrubajyoti Raja 2 жыл бұрын +3

      Well India is just Investing...And 90% of them are still not Operational.... That's why India has the Highest number of Polluted Cities in the World...Also India is building more and more refineries to boost Oil Industry....So Don't brag....India is still much behind.....

  • aryamman sahlot
    aryamman sahlot  Жыл бұрын +7

    It doesn't even sound great in theory. If one company sells their excess quota. Another one may buy it thus the amount of emissions are the same only source is changing. Also it may be much more expensive to reduce carbon emissions that just buying others quotas.

    • Phil Taphouse
      Phil Taphouse 7 ай бұрын

      No. Not exactly. There has been a net movement of funds from polluter to a company investing in either greener sources of energy or they implement efficiencies so they don't need their full quota. There is also a new incentive for the polluter to reduce emissions as it is now costing them more to pollute.

    • Bin Doe
      Bin Doe  Жыл бұрын

      The cap and trade helps reduce carbon emissions through quantity, therefore, the rate of change probably control by each individual country, or international groups of country. In theory, the ceiling function would be like f(x)= a(x*whatever) & a < 0. So, I think it's a incredible way for the scientist and environmentalist to set the input. Practically, the rich always find their way to cheat, either through carbon tax, cap and trade.

    • Bul Thaosen
      Bul Thaosen  Жыл бұрын

      @Seraphine and what are developing countries supposed to do? Just keel over and die for rich countries?

    • Seraphine
      Seraphine  Жыл бұрын +5

      the idea is to reduce that total quota available over time. so yeah at the start it doesn't do much but as the quota is reduced further the carbon price will become higher and higher until the alternative greener way becomes more cost effective

  • Murat Unel
    Murat Unel 8 ай бұрын

    Murat was here. TFS (Thanks For Sharing)

  • Matthew
    Matthew 6 ай бұрын

    We're polluters?

  • Mavado Roaster
    Mavado Roaster  Жыл бұрын +2

    It's a scam

  • CHRYSTOPHER CASERO DIZON
    CHRYSTOPHER CASERO DIZON  Жыл бұрын

    Project:DECA

  • Matthew
    Matthew 6 ай бұрын

    money 💰 Carbon

  • Clive Gregory
    Clive Gregory  Жыл бұрын +3

    Who sets the emissions caps on the polluters? It needs to be done without political or business interference and I am really skeptical about that. For example, giving a carbon allowance to countries with actual low per capita emission is a way for other countries to buy fictitious allowances. The low emission country would argue they have "the right" to have their caps in line with industrialised countries. None of which helps the planet in the long run.

    • Mello
      Mello 11 ай бұрын

      Using blockchain technology

  • Ishanvi Samal
    Ishanvi Samal  Жыл бұрын

    0:00-2:12

  • wolf blitzer
    wolf blitzer 2 жыл бұрын +5

    You buy my cloud ☁️

  • Frosty’s Freeway
    Frosty’s Freeway  Жыл бұрын

    Carbon trading is a legally run boiler room....

    • DarkKnight69
      DarkKnight69 4 ай бұрын

      I heard this sentiment one too many times

  • Morgan Oox
    Morgan Oox 7 ай бұрын +1

    It's a scam

  • Zachary Mitchell
    Zachary Mitchell  Жыл бұрын

    ✅🍊

  • Sauna Talks
    Sauna Talks 10 ай бұрын

    DOV coin is tokenizing carbon iffset credits. Going to be huge

  • Big Neuton
    Big Neuton  Жыл бұрын +1

    ah yes it's tom schitty again.

  • Jshift4Lo
    Jshift4Lo  Жыл бұрын +7

    I genuinely thought people cared about the Earth until I heard about carbon credits. People has learned how to make money out of saving the Earth.

    • Phil Taphouse
      Phil Taphouse 7 ай бұрын +1

      It's called economic incentives. If a company can save money by acting in a way that reduces both their costs and reduces emissions into the environment then regardless of whether the corporation cares about the environment, it still achieves the environmental outcome.

    • peanuts 2021
      peanuts 2021 11 ай бұрын

      @92kosta military industrial complex!

    • 92kosta
      92kosta  Жыл бұрын +1

      People already made money by killing other people. Why couldn't they do the same with the planet?

  • Folk
    Folk 2 жыл бұрын

    Another word - TAX

    • Styxz
      Styxz 2 жыл бұрын +2

      It's different from a tax.
      Companies that cut their emissions BELOW the necessary levels get financial advantages here - so there is a bigger incentive to making those cuts.
      Failure to reduce emissions is associated with a cost, but it's not a one-way relationship. The taxman--> will become a

  • Chandu
    Chandu 4 ай бұрын

    Fancy way of making money

  • Heal the world For a better place
    Heal the world For a better place  Жыл бұрын +4

    Smoking is not healthy.
    Quitting Smoking is hard.

    • Tepač
      Tepač  Жыл бұрын

      just set your mindset to: "I am stronger than smoking."
      so simple and yet helpful
      it helped me and few of my friends :)

    • Laura Jean-Louis
      Laura Jean-Louis  Жыл бұрын

      It is possible when you will it happens.

  • Hustleberry Fintech
    Hustleberry Fintech  Жыл бұрын +1

    Klima dao

  • Diego Marques
    Diego Marques 2 жыл бұрын

    Dilma on UN? Very old footage

  • jrukawa11
    jrukawa11 2 жыл бұрын +3

    How many trees has to be cut down to install the solar panels?

    • LeLac Shop
      LeLac Shop 2 жыл бұрын

      Trees absorb Carb

    • jrukawa11
      jrukawa11 2 жыл бұрын

      @Cole S one drop?

    • Prasad
      Prasad 2 жыл бұрын

      Too many, unfortunately

  • hans ayonayon
    hans ayonayon 10 күн бұрын

    POV your teacher made you watch dis

  • Scott Minter
    Scott Minter 5 ай бұрын

    Ponzi scheme.

  • Tomer Paz
    Tomer Paz 9 күн бұрын

    Stupid fight to begin with...

  • Zachary Mitchell
    Zachary Mitchell  Жыл бұрын

    Yea..

  • Zenou-Sama IV
    Zenou-Sama IV 11 ай бұрын

    Ah communism.

  • Zay La Soul
    Zay La Soul  Жыл бұрын

    Energy Web & Grid Singularity ⚡️
    #Cryptocurrency & Decentralized ID’s

  • Kevin Fong
    Kevin Fong 2 жыл бұрын

    1

  • Karelia Aubert
    Karelia Aubert 11 ай бұрын

    FRAUDDDDDDDDDDD

  • Albert N
    Albert N  Жыл бұрын +2

    a scam

    • RandomlyGeneratedName
      RandomlyGeneratedName  Жыл бұрын

      Funny seeing how conniving rich people think they can screw over other conniving rich people

  • Karelia Aubert
    Karelia Aubert 11 ай бұрын

    JAJAJAJAJAJ. WHAT A FKN FRAUDDDDDD

  • Clement Joseph
    Clement Joseph  Жыл бұрын

    So in other words, it's a scam. A super brain behind this, for sure!

    • Tepač
      Tepač  Жыл бұрын

      Yup