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Global Market in Indulgences: extending the carbon trading model to other value-based challenges

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Global Market in Indulgences
Background
Generalization of the model
Identifying fruitful value arenas for such trading
Other exchange/trading processes for consideration
Questionable cases for consideration
Cases anticipating generic formulation of such exchanges
Imperfections in the existing global market in indulgences?

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Introduction

In the light of the rapid development and deployment of proposals for carbon trading in response to global warming, there is a case for exploring the application of this model to other value-based challenges. This follows from an earlier investigation into a values "stock market" (Human Values "Stock Market": investing in "shares" in a "value market" of fundamental principles, 2006) and may well be seen as an adaptation and extension of that possibility.