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Originally Posted by LaurieAG
Hi Erich,
But if the Carbon Credit trading system is run anything like our current 'free' market, especially global finance, we'll be choking to death while the politicians all pat each on the back for creating such 'beautiful figures'.
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Very interesting article Eric
(Some good cartoons too)
So the Feds lending the state a low/no interest loan saved interest?
For who?
Your Feds are already up to their neck in debt at present so that option looks buggered.
It may work in Oz though with the Feds awash with money but unable to spend it because of inflationary pressures.
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No one I spoke to for this story believes that climate change can be successfully addressed solely by creating a market. Most agreed that many approaches—legal, technological, and financial—will be necessary to lower our carbon emissions by at least sixty per cent over the next fifty years. “We will have to do it all and more,”
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The telling figure is that if we stopped GHG emisons tomorrow Earth Temps would still go up for another 100 years.
So we need not just to account for present emissions we need to do more. The sequestration freight train needs to go in reverse-so we are putting away many more GHGs than we presently make.
The atricle does give a lot of promising signs of change and the are many positive things starting to happen.
I read the other day about gardening being a "subversive activity" as it shortcut the whole commercial, transport etc process. In my case I keep the possums well supplied with fruit eg figs (30 at $1.89 each!) tomatoes etc. Unfortunately much of my backyard is not sunny.
But I note the first "community garden" just opened up locally. The first I have heard of in this state.
It is unfortunate that gardening is not taught in most schools.
Most suburban primary schools have plenty of land appropriate for gardens
There are problems with carbon trading. Fist among them I think is that people will think it is OK to carry on as usual as their emissions are "neutralised"
"Fly by night" tree planting schemes in general are a worry and the 'Lights OFF in Cities' for an hour is a cruel joke. You just wonder what the power plants do with all that electricity they have to keep generating for the hour ( Most big generators take 4 or more hours to step either up or down). It must wreak havoc with their systems; yet they say nothing. I wonder why?
