The realities of carbon trading

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Larry Lohmann on the weaknesses of cap-and-trade and carbon offsetting

Monday January 28th, 2008

Category:

News & Politics

Tags:

• commentary
• analysis
• global
• warming
• climate
• change
• carbon
• trading
• tax
• emissions
• offsetting
• larry
• lohmann

[LABORISTOXIC]

So tell me what produces more Carbon Dioxide ........ refining all Australian Iron Ore using Australian Coal in Australia or shipping all Australian Iron Ore and Australian Coal to Asia to have the ore refined. It is the later because you reduce CO2 generated during transportion. So all the "Carbon Tax" is doing is making it uneconomical to refine Australian Minerals in Australia which would produce Global CO2 Emissions. Labor is pathetic and only the ignorant vote Labor!!!!

[Badwolf182]

Carbon tax does NOT change behaviour. We will still continue to live as b4. This trade is bogus and a new TAX ON AIR - 2 BREATHE. This is a BIG FAT LIE. Those "scientists"" were caught red handed on their false/fraudulant stats. They are in affect creating a NEW TAX and making carbon a new commoditiy. ANyone who beleives this is a fucking idiot

[CorporateRule]

Global warming is REAL and we need you to help usher in carbon offset trading taxes and help prevent Congress from stalling on progress toward environmental sustainability and momentous profitability.

Only through partnerships with YOU, the global citizen, can we help save and unite the planet.

We applaud President Barak Obama and former Vice President, Al Gore for re-engaging in this significant C02 endeavor.

The green revolution means unprecedented prosperity for corporations around the globe.

[Thisawareness]

Al Gore & Goldman Sachs

Generation Investment Management's founding partners are studded with officials from Goldman Sachs. They include David Blood, former CEO of Goldman Sachs Asset Management (GSAM); Mark Ferguson, former co-head of GSAM pan-European research; and Peter Harris, who headed GSAM international operations

(Plus former Secretary of the Treasury (under George W Bush) & a former CEO of Goldman Sachs Hank Paulson has ties also to Gore & GIM

[judomagyar]

Dr Miskolczi showed that the solution to a differential equation for the greenhouse effect developed in 1922 by Arthur Milne, wrongly assumed an infinitely thick atmosphere. In re-solving this equation a new term and also a new law of physics have been proposed setting an upper limit to the greenhouse effect. Dr Miskolczis theory indicates that any warming from elevated atmospheric carbon dioxide will eventually be offset by a change in atmospheric moisture content

[calebp9503]

It doesn't matter what you do. The American people will not stop using fossil fuels until they are GONE!

[kishorebutani]

When it comes to wind it is simple:

Wind mills supply power to the local grids. They get paid per unit supplied to the grid. This is monitored thru meter readings available at the turbine location. The wind supplier bills the grid based on units recorded by the grid. this is real, verifiable and measurable. Second, the Indian govt has emission factors for CO2 per MWh supplied to the grid. Hence you can know the CO2 emissions by multiplying the units by emission factors

[Capnwabbit]

C&T is a carbon tax, they're just making it complicated and bullshitty so we spend time discussing the practical issues or who gains, instead of asking "WTF?"

[McLarensupporter]

Do you understand Economics?...people will react to incentives.

[nadaaita]

He missed the most important point about carbon credits - additionality. Additionality means proving that the project would not have happened in the absence of carbon credits. In practice, this is very difficult to prove. If the project would have happened anyway, it is not a reduction.