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ScienceDaily (Jan. 6, 2011) - Australian researchers have suggested that nations should abandon the concept of carbon emissions trading in favor of a carbon swap bank that might lead to genuine reductions in the amount of carbon dioxide greenhouse gas entering the atmosphere and so provide a mechanism for reducing climate change. Details of the carbon swap bank are outlined in the journal Interdisciplinary Environmental Review.

"This legislation would undo decades of public land protections by opening up an area the size of Wyoming to new industrial activity. It would allow some of the country's most pristine and spectacular landscapes to be exploited, including the vast majority of undisturbed national forests. "Mining, logging and drilling are already permitted in more than half of our national forests and other public lands. This bill would open the door to such activity on most of the rest. As a result, valuable fish and wildlife could be lost and clean drinking water for millions of Americans compromised. "This legislation would undo the nation's tradition of managing these lands with a balanced approach. It would also disregard years of work by lawmakers from both parties to craft proposals with diverse stakeholders to safeguard these undeveloped areas. In addition, the bill would eliminate interim protections on wild places that people use and enjoy. We urge Members of Congress to oppose H.R. 1581."