Imagine a way to save tropical rainforests without having to reduce greenhouse gases. Imagine a way to make environmental conservation profitable. Some claim carbon trading is the best option for major corporations to pay for emitting pollution. They can do this by buying a forest, or funding a conservation programme in a developing country.But critics say this billion dollar business will only benefit banks and investors and allow polluters to keep on polluting. The global carbon market is expanding, particularly in Asia. But is it reducing emissions or impeding real solutions to climate change?On this edition of 101 East, we ask if carbon trading can slow down global warming. This episode of 101 East airs from Thursday, October 28, 2010 at the following times GMT: Thursday: 1230; Friday: 0300; Saturday: 0530, 1730; Sunday: 0330, 1130; Monday: 1630; Tuesday: 1430; Wednesday: 0830, 1930; Thursday: 0630.
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