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Calentamiento global y compensaciones usando cap&trade - Universidad de Chile

By Sophie Hawthorne
Published in Actualidad
May 09, 2023
1 min read
Calentamiento global y compensaciones usando cap&trade - Universidad de Chile

So, I came across this article titled “Calentamiento global y compensaciones usando cap&trade - Universidad de Chile” and it got me thinking about how much we really know about climate change. Basically, the article talks about a program called cap and trade, where companies are allowed to emit a certain amount of greenhouse gases and can either buy or sell credits if they go over or under their allotted amount.

The University of Chile has been researching the effectiveness of cap and trade in Latin America, and it turns out, it can work if it’s done right. The main idea is to create an incentive for companies to reduce their emissions, as they can sell their unused credits to others. This not only helps the environment but also benefits companies financially.

What I found interesting is that cap and trade has been used successfully in other countries like the US and the UK, yet it hasn’t been fully implemented in Latin America. I guess it’s because there’s still a lot of skepticism around climate change and its effects. But, I’ve seen firsthand the impact that global warming can have on our planet. A few years ago, my hometown was hit by a severe drought, and it completely changed the landscape. The crops withered, the rivers dried up, and people had to rely on water trucks for survival. It was a wake-up call for me, and I realized that this is a real issue that we need to address.

Overall, the article highlights the importance of finding creative solutions to tackle climate change and cap and trade is a step in the right direction. We need to work together, with governments, companies, and individuals, to reduce our carbon footprint and make our planet a healthier place to live in.


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