Page 16 - Carbon Frauds and Corruption

Corruption of Bribery

Chapter 6 : Corruption in the “Carbon World”

Table of Contents

1 INTRODUCTION .............................................................................................................................. 1
1.1 PURSUIT OF THE NOBLE CAUSE ................................................................................................ 1
1.2 OBJECTIVES OF THIS CHAPTER ............................................................................................. 2
1.3 A CAVEAT ................................................................................................................................ 2
1.4 EYES GLAZING OVER .............................................................................................................. 2
1.5 DON’T NEED TO BE A WEATHERMAN .................................................................................. 3
1.6 CORPORATE POSITIONING ................................................................................................... 4
2 THE FRAMING OF GLOBAL WARMING ......................................................................................... 5
2.1 WORTHLESS REFRAMING ..................................................................................................... 5
2.2 A VERY UNSETTLED SCIENCE AND STRANGE CONSENSUS ................................................ 6
2.3 PROMOTING A REALLY SCARY STORY ................................................................................. 8
2.4 TWO SIDES TO EVERY STORY ................................................................................................ 9
2.5 CONTROL OF FRAUD AND CORRUPTION ............................................................................ 9
3 A QUICK GUIDE TO GLOBAL WARMING ..................................................................................... 10
3.1 THE SIMPLE NARRATIVE ..................................................................................................... 10
3.2 THE HOCKEY STICK ............................................................................................................... 12
3.3 ADDING A BIT MORE EMOTION .......................................................................................... 14
4 A QUICK GUIDE TO MITIGATION AND ABATEMENT ................................................................... 15
4.1 MITIGATION AND ADAPTATION .......................................................................................... 15
4.2 CAP AND TRADE ................................................................................................................... 16
5 A SHORT HISTORY OF GLOBAL COOLING WARMING ................................................................ 17
5.1 THE LEAD IN .......................................................................................................................... 17
5.2 THE KYOTO PROTOCOL ....................................................................................................... 18
5.2.1 THE BASICS ....................................................................................................................... 18
5.2.2 BASIC AND FLEXIBLE MECHANISMS .............................................................................. 20
5.3 THE EUROPEAN EMISSIONS TRADING SYSTEM ................................................................ 20
5.4 COMPILATION OF GREENHOUSE GAS INVENTORIES ........................................................ 20
5.5 KYOTO UNRAVELS ................................................................................................................ 21
5.6 THE UK’S CURRENT POSITION ............................................................................................ 22
5.6.1 THE CLIMATE CHANGE ACT ............................................................................................. 22
5.6.2 THE FOURTH CARBON BUDGET .................................................................................. 23
5.6.3 A LOOK TO THE FUTURE ............................................................................................. 25
6 RISK FACTORS IN THE CARBON WORLD .................................................................................... 26
6.1 OVERVIEW ............................................................................................................................ 26
6.2 LINKAGE BETWEEN FRAUD AND CORRUPTION ................................................................ 26
7 THE CULTURE OF THE CARBON WORLD .................................................................................... 27
7.1 OVERARCHING FACTORS .................................................................................................... 27

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the Carbon World for Gower.docx | INTRODUCTION