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British face rationing!!!!
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Re: British face rationing!!!!
Originally posted by *T* View PostKind if like a new currency, isn't it...
http://www.abc.net.au/rural/news/stories/s662911.htm
Bank accepts carbon credits as currency
The idea of buying and selling carbon credits stored in trees on farms or in forests, has been adopted by an international merchant bank.
Rothschild Australia is setting up a managed investment scheme, that aims to buy and sell carbon credits to multinational companies, to offset the companies' greenhouse gas emissions.
Rothschild's Simon Games-Thomas says the scheme is more about learning how to legally sell this new type of commodity, rather than turning a profit. “It’s less of a profitable enterprise than trying to get involved in the market place.
“There’ve been a lot of questions asked by clients of the bank about how the protocol or how working in a carbon constrained world is going to affect their business and in response to those questions we decided to put together the consortium.”
The move has been welcomed by Professor Snow Barlow, from the research centre for Greenhouse Accounting.
Professor Barlow says the process of trading carbon credits can earn money for farmers with tree lots, as well as having an obvious benefit for the environment. “I see it as another step along what is proving to be quite a long road towards actually giving a value to carbon – that’s what it’s all about.
“People that own land and who cultivate woody perennial vegetation are essentially farming carbon.”
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Re: British face rationing!!!!
and over here in the U.S.
U.S. Senate set to take up climate change debate
Under the measure set for Senate debate, known as the Lieberman-Warner Climate Security Act, U.S. greenhouse gas emissions would drop by about 2 percent per year between 2012 and 2050, based on 2005 emission levels.
The bill would cap carbon emissions from 86 percent of U.S. facilities, and emissions from those would be 19 percent below current levels by 2020 and 71 percent below current levels by 2050, according to a summary of the bill's details released by the Senate Environment and Public Works Committee.
Total U.S. emissions could be reduced by up to 66 percent, the summary said.
[..]
A coalition of 20 environmental groups including the Sierra Club, the Environmental Defense Fund and the Natural Resources Defense Council praised the effort but said carbon cuts should be tougher.
"The best chance for progress this year on federal global warming pollution limits is for the Senate to strengthen and pass the Climate Security Act," the groups said in a statement. "The bill needs to be strengthened to ensure that it will meet the reductions that science dictates are needed to prevent dangerous global warming."
The pro-business American Enterprise Institute cited a U.S. government analysis of the bill's economic impact that projects U.S. gross domestic product could drop by 2.7 percent by 2050. In an online article entitled "How Green Hysteria Will Hit Home," the institute called the 2050 targets for emissions reduction "absurd and irresponsible."
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Re: British face rationing!!!!
Originally posted by babbittd View Postand over here in the U.S.
U.S. Senate set to take up climate change debate
S.2191-- America's Climate Security Act ...
GWReview_OISM600.pdf
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Re: British face rationing!!!!
I am guessing that most Americans are unfamiliar with teh brilliant British TV series "Yes Mininster". When public servant Ministerial adviser Sir Humphrey described his Minister's decision as "courageous" it generally meant a decision had been made that would get the Minister tossed out of office!
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Re: British face rationing!!!!
Originally posted by jtabeb View PostI told you, the future isn't green, IT'S BLACK, as black as carbon as they say.
OTHERWISE, THE LIGHTS GO OUT, AND WE FREEZE IN THE DARK.
Carbon taxes, carbon credits, carbon cops???????? Oh my God!
GET RID OF THESE ECO-FRAUDS!!!!!
Are we connecting here????? The Sierra Club and Greenpeace have to be banished. LIKE GOOD RIDDANCE TO THEM.
We need CHEAP AND PLENTIFUL ENERGY and FAST. Like now. Like: atoms for peace, and fast. Start building the plants now, not just in the UK, but also in the US, Canada, Mexico, Europe, and worldwide.Last edited by Starving Steve; May 26, 2008, 05:32 PM.
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Re: British face rationing!!!!
Originally posted by Starving Steve View PostI am not against the use of tidal power, especially around the British Isles in favoured areas, also in Canada in the Bay of Fundy, in British Columbia in the Strait of Georgia, etc. Anywhere tidal power is plentiful, why not build tidal plants, and fast?"...The Bay of Fundy is already home to one tidal power plant, the Annapolis Tidal Generating Station at Annapolis Royal..."
http://renewableenergydev.com/red/ti...-fundy-canada/
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Re: British face rationing!!!!
Originally posted by BBC View Posthttp://news.bbc.co.uk/2/hi/uk_news/politics/7419724.stm
..."Under the personal carbon trading, someone who perhaps doesn't have an enormous house or swimming pool, someone who doesn't take several holidays in the Caribbean every year, will actually get a cash benefit if they keep a low carbon footprint."...
...Environmentalist George Monbiot applauded the scheme. "It's more progressive than taxation, it tends to redistribute wealth from the rich to the poor; it's transparent; it's easy for everyone to understand, you all get the same carbon ration...
By far the biggest reason governments collect tax is to redistribute income in ways they deem beneficial; beneficial not only for the masses of voters, but also for their own job security. What this proposes is something that is too market-based and therefore undermines government power to determine how income will be redistributed. That is a non-starter in our so called democracies with their increasingly powerful indexed-pension civil servants.
Much better, in their mind I am sure, to carbon tax the "someone who perhaps has an enormous house or swimming pool, and takes several holidays in the Caribbean every year" and control how the cash benefits are doled out to support more govt jobs and to buy votes.
After all, we can't have saving the planet get in the way of getting re-elected now can we? :rolleyes:
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Re: British face rationing!!!!
Instead of worrying about re-distributing wealth through a carbon tax, what you should be worried about is PRODUCING MEGAWATTS OF POWER, and fast.
If dreaming up new laws, new government bureaucracy, and new taxation schemes is how they think in the UK, I don't think I would want to move there. :rolleyes:
And we have some of these kind of people--- big government fascists---on the West Coast here in the US and also up in B.C. They contribute nothing to the world, and when working people are facing starvation and hyper-inflation in the greatest economic crisis since the Depression, these big government fascists dream-up new layers of bureaucracy, new regulation, new enforcement police, new buzz-words, new phoney studies, new lawsuits, and new taxes.Last edited by Starving Steve; May 27, 2008, 06:59 PM.
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Re: British face rationing!!!!
Originally posted by Starving Steve View PostInstead of worrying about re-distributing wealth through a carbon tax, what you should be worried about is PRODUCING MEGAWATTS OF POWER, and fast.
If dreaming up new laws, new government bureaucracy, and new taxation schemes is how they think in the UK, I don't think I would want to move there. :rolleyes:
And we have some of these kind of people--- big government fascists---on the West Coast here in the US and also up in B.C. They contribute nothing to the world, and when working people are facing starvation and hyper-inflation in the greatest economic crisis since the Depression, these big government fascists dream-up new layers of bureaucracy, new regulation, new enforcement police, new buzz-words, new phoney studies, new lawsuits, and new taxes.
ah, the good old days when pols only knew how to fuck you with taxes or inflation. god help us for they have a hand on the biggest lever of all... the lever of finance.
joe schumpeter where are you! you died before telling us how to creatively destruct obsolete gov't institutions...
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