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Merkel calls for global carbon market | |
2007-09-26 | |
German Chancellor Angela Merkel on Monday called for a global carbon-trading system to tackle the growing costs of global warming and prevent "dramatic damage" in the future. Speaking at a major UN climate conference in New York, Merkel said it was up to industrial nations to give developing countries, which have only recently begun to impact global carbon levels, a reason to act. " The European Union has already resolved to reduce carbon emissions by 20 per cent from 1990 levels by 2020, but Merkel said that figure could be raised to 30 per cent if there was an international agreement that bound other regions as well.
The European Union in 2005 introduced the world's largest carbon trading scheme for factories and power plants. But the system has been hampered by countries | |
Posted by:Seafarious |
#18 So we need more smoke! As with many other environmental causes, Berkeley leads the way. |
Posted by: Zenster 2007-09-26 22:58 |
#17 Just as long as we let the UN run it. After all, they wouldn't dream of being corrupt or using the money for nefarious purposes..... |
Posted by: Swamp Blondie 2007-09-26 14:20 |
#16 I got it, every time you drive, fly, or ride more than 10 miles, you have to purchase 1 carbon share. There, that should bring the economy crashing to the ground. |
Posted by: wxjames 2007-09-26 10:59 |
#15 How about carbonizing a few of the "Global Warming" most vocal proponents? |
Posted by: gromgoru 2007-09-26 10:04 |
#14 No thanks. You can keep your carbon credits and I will keep my 10 cents/kWh electricity. Wall Street Journal Finds Kyoto-Inspired Carbon Trading Hikes Electric Bills for German Consumers Later in his article Ball noted that the average German consumer also loses, with “wholesale electricity rates” going up “25% to 60% in the past few years.” Ball wrote that this is because while the tradable carbon allowance credits are free, “the utilities incorporate the value” into the price of electricity. |
Posted by: ed 2007-09-26 09:54 |
#13 Can we have a global market for stupidity. Where dumb people give us all their money? How about that? Oh wait, same thing as Merkel proposed. Nevermind... |
Posted by: DarthVader 2007-09-26 09:27 |
#12 I am confident that the upcoming nuclear war will cancel out the global warming. |
Posted by: Mark E. 2007-09-26 08:38 |
#11 I don't understand. Why is marketing coal such a controversial idea? |
Posted by: Eric Jablow 2007-09-26 08:33 |
#10 German Chancellor Angela Merkel on Monday called for a global carbon-trading system... Cause we need another new Ponzi scheme after the 'subprime market' gig has run its course. One born every minute. |
Posted by: Procopius2k 2007-09-26 08:19 |
#9 > Yeah, but the plants repirate water vapor, and that is a potent greenhouse gas. But the 100% guaranteed models don't include water vapour, so therefore no effect from them! |
Posted by: Bright Pebbles 2007-09-26 07:38 |
#8 This 'market' sounds like it has a lot of potential --- to generate a new Enron. |
Posted by: Glenmore 2007-09-26 07:22 |
#7 Yeah, but the plants repirate water vapor, and that is a potent greenhouse gas. Besides, eveyone knows particulate matter is shielding us from the sun, leading to global cooling. So we need more smoke! |
Posted by: Bobby 2007-09-26 07:05 |
#6 CO2 is plantfood, not pollution. Farmers should be PAYING car drivers. |
Posted by: Bright Pebbles 2007-09-26 05:14 |
#5 SCIENCE > SCIENTISTS DISCOVER PARALLEL UNIVERSES. Future past time = lives??? Also, WORLD TO SEE MORE STORMS, BIGGER QUAKES DUE TO GLOBAL WARMING. Buy your umbrellas and anti-fog infrared devices now, people. |
Posted by: JosephMendiola 2007-09-26 05:03 |
#4 THEAUSTRALIAN.com > CLIMATE CHANGE, NOT TERRORISM, will be the substantive/primary issue of the world = world Govts for the 21st century. True enuff. |
Posted by: JosephMendiola 2007-09-26 04:56 |
#3 If a camel is anything like a moose, then each camel produce as much methane per year as driving 10,000 miles. No gain. Plus you have a ton of work to do to take care of the stupid camel. And you can't use your garage to store stuff in anymore. Telecommuting and web meetings is the way to go. Companies would require smaller buildings and have smaller insurace premiums, etc. as a result. Less maintenance on the roads and fewer economy-leeching traffic slowdowns/jams, too. And God alone knows what your garage floor would look like if you went on vacation for a month. So screw the camels (Don't take me literally, Nutjob). As for the carbon trading system, I say scrap it and watch a bunch of countries that have been polluting the crap out of our atmosphere (so they can sell their carbon credits when they stop gratuitously polluting) watch all their efforts go up in smoke. It'll teach them a lesson they hopefully won't forget. Want incentive? Put $10B (or whatever it takes) out there each year as the prize for the products/programs/whatevers that result in the greatest reduction of "greenhouse"-gases for that year. It will also encourage smaller countries to get engaged and innovate. Heck, a lot of smaller countries have been very innovative with the upcoming carbon credit market, and it isn't worth anything like $10B. |
Posted by: gorb 2007-09-26 04:52 |
#2 SPACEWAR > USA alone by year 2050 must cut its emissions by 80% as for the year 2000. BUY THOSE CAMEL STOCK OPTIONS NOW, PEOPLE, GEORGE JETSON MUST BE PUT IN JAIL FOR EVEN HAVING A FLYING CAR. |
Posted by: JosephMendiola 2007-09-26 03:27 |
#1 "carbon trading scheme" Now why didn't I think of that? |
Posted by: Carlo Ponzi 2007-09-26 01:01 |