<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/6c0315e9-8da5-4af9-b83e-e08e6ae7a2dd/22049567-626E-4AA8-8518-83E212937955/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.guardian.co.uk/environment/2009/mar/10/lovelock-meacher-slam-carbon-trading" href="http://www.guardian.co.uk/environment/2009/mar/10/lovelock-meacher-slam-carbon-trading" style="font-size: 11px;">www.guardian.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/environment/2009/mar/10/lovelock-meacher-slam-carbon-trading"><LI class="byline"> <A name="&lid={contentTypeByline}{Adam Vaughan}&lpos={contentTypeByline}{1}" href="http://www.guardian.co.uk/profile/adam-vaughan">Adam Vaughan</A> </LI></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/environment/2009/mar/10/lovelock-meacher-slam-carbon-trading"><P>Europe's carbon trading scheme has proved to be "disastrous" and a "scam" in which companies have profited with no effect on emissions, a leading politician and a scientist said yesterday.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/environment/2009/mar/10/lovelock-meacher-slam-carbon-trading"><P>The environmentalist <A title="" href="http://www.jameslovelock.org/">James Lovelock</A> — who developed the Gaia theory of the planet as a "living organism" — and the former environment minister,<A title="" href="http://www.guardian.co.uk/profile/michaelmeacher"> Michael Meacher</A>, said that market approaches to green issues, such as the <A title="" href="http://ec.europa.eu/environment/climat/emission/index_en.htm">EU Emissions Trading Scheme (ETS)</A>, were destined to be distorted by business pressures. Lovelock described similar market mechanisms that attempt to put a price on "services" provided by the natural world as akin to "slavery".</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/environment/2009/mar/10/lovelock-meacher-slam-carbon-trading">"In principle [carbon trading] is not a bad idea but in operation it's been disastrous. Business has frankly made billions out of artificial reductions of what is called hot air with absolutely no environmental benefit at all," said Meacher</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/22049567-626E-4AA8-8518-83E212937955/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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