A carbon crisis would lead to ecosystemic meltdown, economist says
By Jessica Murray | November 20, 2008Carbon markets were created to trade carbon emissions, specifically carbon dioxide, in an effort to slow climate change, but amid corruption and lack of other supporting organizations, these carbon markets have become ineffective. During the third presentation of the fall 2008 Global Environment Speaker Series on Tuesday evening in Jepson Hall, speaker Daphne Wysham made her case for cleaning up carbon markets locally, nationally and globally. "If the economy fails that's one thing," she said, "However, if the carbon crisis unfolds without serious response we will have an eco-systemic meltdown." Wysham is a fellow and board member of the Institute for Policy Studies in Washington, D.C.