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I was referring to 'the president', actually.
Red neck!
I always got the impression that carbon trading worked better within one country than between them, as the rich would be forced to share their wealth with the cautious, thus making the 'low emmision' way of life more attractive to all.
The basic problem with carbon trading is that it doesn't produce the right effect. People who didn't want to produce the stuff get paid by people who shouldn't be producing it. That means we get more CO2 produced than we should and someone is getting paid for making us feel better about it. They're not actually 'selling' anything - but coffin nails, possibly.
I really thanks to United States Government because they doing very good projects about save our environment.