Emissions trading gives companies permission to pollute
source: http://www.earthisland.org/journal/index.php/eij/article/emissions_trading_i_beg_your_indulg...
-
-
- marshuck
- added this
The ancient Roman Catholic doctrine of “indulgences” has been born again in the 21st century. The once popular practice allowed rich parishioners to purchase “remission” for their sins by making contributions to the church’s minions. The Council of Trent tried to outlaw the practice in 1562. In June 2009, the US Congress resurrected the concept of conscience-clearing as a key portion of the American Clean Energy and Security Act. Don't be fooled people, this concept is dangerous! Instead of requiring polluters to implement costly emission reductions of climate-warming gases, “the art of political compromise” produced a “market-based solution” that allows industrial sinners to keep on spewing as long as they acquire pollution indulgences – beg pardon, “pollution credits” – from cleaner, greener operators. Congress’s new cap-and-trade scam would put the Church’s indulgence scheme to shame. President Obama originally proposed auctioning “permits to pollute” to fund a Green Tech revolution. Congress, in its wisdom, decided to give away 85 percent of these credits to the biggest polluters – for free.
-
- groups:
- Green
-
-
larrysnotes
-
Yes it could go very wrong. I think (future) Showalter Micropower of WV would be a deal on a smaller set-up. Charles wants to use natural gas to make power, use the off gases to grow trees. Then replant the trees on old mine sites in WV. (they have alot) C02 produced by system is 121 tons a year. Off-set the first time in greenhouses, then off-set one more time when they are replanted. The 2nd is the one that counts. Somebody could use or sell off-sets more then one time. Germany did it last year along with 5 others. So yes it is poss. to sell and make black with this.
- 2 years ago
-
larrysnotes
