Feral camels clear in Penny Wong's carbon count

The Australian
"Scientists have found camels to be the third-highest carbon-emitting animal per head on the planet, behind only cattle and buffalo. Culling the one million feral camels that currently roam the outback would be equivalent to taking 300,000 cars off the road in terms of the reduction to the country's greenhouse gases.But Climate Change Minister Penny Wong told The Australian there was little point doing anything about Australia's feral camels as only the CO2 of the domesticated variety is counted under the Kyoto Protocol. ...Opposition climate action spokesman Greg Hunt reckons the government has "lost its marbles". "It's now reached the absurd situation where a camel in captivity is a threat to the planet but a feral camel in the wild is absolutely fine," Mr Hunt said. .....The absurdity of the UN carbon accounting systems was also highlighted by Mick Keogh, executive director of research group the Australian Farm Institute. Mr Keogh noted that while emissions from a deliberately lit bushfire count under Kyoto, they did not if the fire was caused by lightning.And it also varies depending on whether it razes privately owed land or a national park."When it's burning in the park, none of those emissions officially count, but when it spreads back out of the park to private land on the other side, it starts to again contribute to greenhouse emissions as measured by the UN's rules," he said."
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Telegraph (UK), Carbon Trading Bubble
"...And here’s the great thing about it. Unlike traditional commodities markets, which will eventually involve delivery to someone in physical form, the carbon market is based on lack of delivery of an invisible substance to no-one. Since the market revolves around creating carbon credits, or finding carbon reduction projects whose benefits can then be sold to those with a surplus of emissions, it is entirely intangible."