Grist is featuring an interview with Phil Adams, World Energy’s President and COO, discussing the World Green Exchange launch, the current state of and the future of the carbon market. Grist’s Mark Pawlosky tapped Phil for insight on how the exchanges serving the market differ, as well as the growing number of states that are implementing renewable energy portfolio standards in the absence of a federal standard. Also discussed is the popularity of a cap-and-trade program:

Grist: A market-driven exchange solution has the unique distinction of being favored by both Democrats and Republicans, but there is growing support for a carbon tax — which its proponents claim is more equitable. Is it possible — indeed necessary — for an exchange, carbon tax, and other legislated solutions to live side by side to effectively reduce carbon emissions?

Adams: It seems to me that there should be one model in place, and given how well cap-and-trade has done with acid rain over the last couple of decades, and since it’s been adopted for Kyoto, I’m willing to believe that cap-and-trade is here to stay.

Also, World Energy’s been at Carbon Forum America in San Francisco this week. If you’re still around, we’re in booth #414, so stop by and let us know what you think about the World Green Exchange!

Tags: Carbon Credits, Green News, world green exchange

This entry was posted on Wednesday, February 27th, 2008 at 1:16 pm and is filed under Carbon Credits, Government Regulation, Green Energy, Green News, world green exchange. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.