Carbon trading, climate change, environmental sustainability and saving planet Earth

Economy

Scientific paper

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[0498] Biogeosciences / General Or Miscellaneous, [0800] Education, [1699] Global Change / General Or Miscellaneous, [6600] Public Issues

Scientific paper

Carbon trading namely the reduction of future carbon dioxide levels has been widely touted as a solution needed to counter the problem of climate change. However, there are enormous risks involved as the measure tackles only one of the causes of climate change and may prove to be ineffective. This presentation highlights ten points relevant to the discussion on carbon trading, climate change, environmental sustainability and saving planet Earth for increasing public awareness. They include: (1) Climate has changed throughout Earth’s history. (2) The present level of about 388 parts per million level of carbon dioxide in the atmosphere has already exceeded the maximum level of the past 800,000 years. This value is obtained from air bubbles trapped within the ice in Antarctica but the consequence of further increases remains uncertain. (3) Earth scientists do not have an overwhelming consensus on whether carbon trading alone is an effective measure in mitigating climate change. (4) The present state of the Earth’s demise is largely the result of human actions including population growth and the mismanagement of the Earth. (5) The latest evidence on sea-level changes in the South China Sea a far-field region unaffected by glacial isostatic readjustment is not in support of a ‘rapid’ rate of future sea-level rise through global warming. (6) Volcanic eruptions have an important role in driving the Earth’s climate. Examples of temperature lowering as well as abnormally wet and dry years can both be found in the instrumental record. (7) Humans have drastically modified the ‘natural’ water cycle. This is however not a well recognized cause of climate change compared to the emission of greenhouse gases through fossil fuel consumption. (8) The bulk (~75%) of the rise in mean annual temperature of about 1oC observed at the Hong Kong Observatory Station since record began in 1884 is best explained by the thermal heat island effect. (9) No evidence has been found for an increase in frequency of typhoons in the northwestern Pacific since the end of the Second World War. The potential for disasters has nevertheless increased due to population growth in the coastal regions. (10) The present global economy is geared towards ‘short-term’ sustainable economic development rather than ‘long-term’ environmental sustainability. In conclusion numerous challenging problems will also have to be tackled in addition to carbon dioxide emissions in order to prolong human survival on planet Earth.

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