Carbon credits, as I have found, are a very funny thing. While the regulations vary from region to region, for the most part the ones who can play are the ones who already emit a lot of carbon dioxide. As hard as it may be to believe, if I invented a machine that did nothing but extract carbon dioxide from the air and bury it in the center of the earth, you might be a hero, but you won't get to sell carbon credits as a result. On the other hand, the coal-fired power plant that reduces their emissions can sell carbon credits.

(Sorry DaveMart, didn't mean to tag this onto your thread, was supposed to be a new thread)

This statement is VERY important for everyone to understand. "Cap-And-Trade" is the equivalent being promoted (by industry insiders and Wall street brokers) in N. America, and it suffers exactly the same problems the author points out. It entrenches the incumbent emitters at the expense of any inovative alternatives, and is too complex for smaller entities to get involved with. FAR SMARTER is a simple carbon tax on all carbon fuels at source, which adequately penalizes incumbents and also doesn't discourage inovation.

We need to get LOUD about this quickly, people.