Environmental Markets: Saving The Environment Has Now Become a Business

Man never paid heed to the deteriorating condition of the environment, until the year 2011. The latter half of 2011 saw pecuniary motivation being attached to the task of saving the environment. This was a great boon for none other than Mother Earth, which saw that her own child can save her soul (nature) if s/he is offered currency.

It is sad to witness it, but it is true in one way or the other- man is the greediest. Environment, which has given us far from what we could expect needs back something in return, something that can possibly save its and as a whole, everyone’s life. But, man has nothing to fear of. He has spent his life running behind lettuce, success and lush life. But in this blind chase, he has forgotten that he lives in the shelter of environment that is plagued by malaises such as greenhouse effect that is horrifyingly leading toward much abysmal situation- global warming. The government agencies and world powers took note of the detrimental condition of the environment, and also noticed that there is no change in the behavior of the common man; he has still been blind-folded by the razzmatazz of fake realism of self-fulfillment.  This eventually led to the creation of Environmental Markets.

The commercialization of saving the planet took place in the year 2011, when Carbon Farming Initiative (CFI) was launched. CFI is a scheme wherein land managers and farmers earn carbon credits by storing carbon or minimizing the greenhouse gas emission. It is a trifle quizzical, as to where is monitory part attached? The explanation is the carbon credits (which are hard earned by the farmers, land managers and/or foresters by decreasing the greenhouse gas emissions on the land or storing the carbon) can be later sold to big business houses and industrialist. Puzzled, as to what type of financial instrument is carbon credits, which is the most sought after entity by big industrial giants? Carbon credit is a type of permit or certificate that helps the industrial top bananas to emit carbon dioxide or other similar green house gases without pinching the environment. One carbon credit empowers the business and/or industry to emit one tonne of greenhouse gas, be it methane, carbon dioxide, ozone, nitrous oxide, etc.  

Such type of Carbon Trading has gained rage in the industry. Several land holders, farmers and foresters are concentrating on possible ways to store carbon dioxide and minimize the emission of other such nefarious greenhouse gasses. The best way, which is adopted by several land holders and farmers, is to plant more and more trees, so as to capture more carbon dioxide before it hits the roof of the atmosphere and start with its evil reaction. Similarly, by ensuring proper management of the manure, the farmers are doing their bit of minimizing emission from livestock like piggeries. Furthermore, the carbon credits can be easily gained by reducing tillage that will help the soil to hold more carbon. One other example of gaining legitimate carbon credits is by making certain that proper savanna fire management takes place, which will lead to considerable reduction of the green house gas emission. Resultantly, we are witnessing the sudden spate of masses, which is actually participating in beneficial act of saving the planet, although with a motive to plainly mint money.