Over forty CEMS Masters in International Management students gathered in Barcelona from 19-20 May 2011 for the third annual CEMS Model UNFCCC. The block seminar is the culmination of a Climate Change Strategy Roleplay course, which involves students from the University of St Gallen, ESADE Barclona, the Warsaw School of Economics and the University of Cologne. oikos Student Reporters blogged live from the negotiations to demonstrate the role of the mass media.

The output document of the model, which was not adopted in the final vote, is available here.

For more information about the CEMS Model UNFCCC organisers, please see the Institute for Economy and the Environment at the University of St Gallen.

Thursday, May 19, 2011

Subsidies return, in a new form

Much of the talk in the trading working group is about a 'co-efficient' system of trading, proposed by Ecuador, which favours certain industries and regions over others for CDM projects, in order to promote CDM projects more.

But in the end, one tonne of CO2 is one tonne of CO2, no matter where it is 'not emitted', so why bother trying to work against the market in this 'market based mechanism'?
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