Carbon Trading & Ecotourism

It's easy enough to think how carbon trading will work for a manufacturer. Any company that has a manufacturing process that causes carbon gases to escape into the atmosphere will either have to reduce it's emissions to an agreed level, or face paying fines. They will be allowed to buy carbon credits to off-set these fines, but only from the open market where prices will fluctuate.

Carbon Trading & Ecotourism - Airflights

The obvious polluters in Ecotourism are the air flights, so they will be forced to clean up their act (by forcing air engine manufacturers to develop less polluting engines) or face big fines. But of course, they will plead that they could go out of business unless they put up the prices of flights. Aha ..... this is where we as individuals, may be able to buy carbon credits to help pay for air flights.

Carbon Trading & Ecotourism - Individual Carbon Credits

Sounds too complicated ? yes it may well be too complicated for individuals to take part in a carbon trading scheme. On the other hand, if you as an individual are doing something at home to lower your emissions (eg using solar power) then it should be possible for you as an individual to collect carbon credits from your own actions - which can then be used to off-set your airflight.

Carbon Trading & Ecotourism - the future of air travel

As I write this in October 2008, greater minds than mine are currently working it all out. Don't worry, we will get ripped off and we will have to pay more for our airflights and ecotourism travel, or any form of travel, will drop off considerably.

Countries like Australia, who rely on overseas visitors for their tourism income, will be hit hard. The tourist industry will have to be creative and gear up for hard time because, only the rich will travel in the future.

Carbon Trading & Ecotourism - summary

If you are reading this, then I strongly advise you to watch out for personal ways to aquire carbon credits. They will be a bit like stocks & shares which will be bought and sold in a carbon financial market. Once you own some carbon credits, you should be able to trade them or use them for goods and services. Still not sure ? then read the following articles and be afraid !

Europe is leading the way

Carbon currency explained

The money makers and financial sharks

Blog on carbon trading - for the layman