Now this campaign really annoys me. A gaggle of NGOs have joined forces to launch a declaration demanding that the European Union scrap its emissions trading scheme. The declaration makes some totally valid points about the scheme’s poor track record on driving real emissions reductions, its handouts of what are effectively freebie subsidies to large polluters, its price volatility and recent collapse in carbon prices, and its susceptibility to fraud; all of which is true. And I’d be the first to agree that when you get the design of an emissions trading scheme wrong, it can lead to disastrous consequences – the Clean Development Mechanism being a case in point that I’ve written about here before.
But what’s so infuriating about this campaign is that there is not a single word on how the EU ETS could be fixed. It’s just taken as a given that scrapping it is the only possible way to deal with its flaws. Worse still, the declaration completely fails to say what its signatories would propose to do instead, other than some incredibly vague references to “regulation” (nothing on what sort of regulation, of course); the need for a “zero waste philosophy”; and… well, that’s it.
I really thought the NGO movement had started to grow out of this sort of crap – the bleating from the sidelines, safe in the protest comfort zone, with no serious attempt to engage with real world trade-offs or set out an agenda for action other than whingeing. Even Greenpeace isn’t this bad, and that’s saying something.