Carbon Trading or Carbon Offset is one of the clever, but terrible invention of modern man. You can do whatever you want to do, as long as you pay someone else to suffer on behalf of you. That is in essence Carbon Trading. So, western countries can burn as much energy as they need, but they can pay southern countries so that they don't burn energy.
Soon, big countries like India are going to use the same argument between States. Tamilnadu or Punjab can burn energy and pay some of the poor States. Then, we will have within the state trading. Andhra can spend energy and pay Telangana. Vidharba will offset the energy consumed by the rest of Maharashtra.
I dread the days when the logic goes all the way down to a family. I can switch on the light to work on computer, as long as the other room lights are switched off. Or something like that. Here is an illustration of this logic - regarding water use.
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