Carbon Trading : The new tune.

U know. Whats makes the rich wealthy n middle class the poorer. It seems to me like ..government feeds the cow first four years, rich fetches the milk next 5 yrs, the poor follows the rich n buys that cow from rich and feeds his lifetime getting the residual little of the poor old cow.

The above line follows the new cow of rich .. Carbon Trade.
Carbon Trade is basically the "Trading the credits of pollution". The business emerged after developed/polluted countries, in order
to improve their environment.. put forward a policy to control the pollution. The most imp initiative of these has been the
"KYOTO PROTOCOL".Now since, becaz of stricter laws in US n like .. their big MNCs need to limit their pollution component as per
limits by the govt. Heavy polluting business like steel, coal fired power stations are in fuss.. because it is not possible for them
to improve the their business technology so easily and its a v heavy proposition. Now what the KYOTO PROTOCOL says that .. if u are
polluting too much.. what u can do is "BUY CARBON CREDITS" from the less polluting companies.

This carbon trading is putting type of pressure on dev countries.. like India. As n when all poor countries once sign this protocol,
their old tech based industries either have to buy credits from these high tech foreign companies or they need to update thier tech,
which is again almost owned/patented by these MNCs. hahhahah that means .. they come .. they compete.. they make u lose ... n they rule.

Currently, these carbon credits are being traded on stock exchnages liek oil. The one in Chicago is the father of this commodity trading
and a latest such carbon trading exchange is coming to India by Sep 08.