Friday, July 10, 2009

Arrogance Alert: G8 Leaders Vow To Prevent Temps From Rising

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In today's "Can You Believe The Arrogance On Display" segment, the leaders of the G8 nations Wednesday vowed to -- get this -- stop global temperatures from rising more than they believe is acceptable.

I'm not kidding.

As reported by Britain's Times...

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G-8 agrees to cap on global temperatures

L'AQUILA, Italy - The Group of Eight industrialized nations joined with developing countries in agreeing Wednesday that average global temperatures shouldn't increase by more than 2 degrees in a significant new "temperature cap" in the fight against global warming.

President Obama and other G-8 leaders also said they supported a goal of reducing greenhouse gas emissions by 80 percent or more by 2050... [snip]

[Neither of these statements is {meant to be} a joke {it's an piece, and everyone knows they've no sense of humor}.

They're seriously taking themselves seriously (the patients are running the asylum) - with serious implications for the rest of us {and worse for our children}.]


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image toon - grn engry = C&T lowers cap over USam's head

1 comment:

Lighthouse said...

Thanks for an interesting links collection...and photo!
RE emissions....
emission reduction could be much simpler, and thereby easier to agree on - and without emission trading complicating international trade relations!

Sufficient first phase 2020/2030 emission reduction is achieved by acting on ELECTRICITY generation (coal, gas) and TRANSPORT (mainly automobiles) alone, since these 2 sectors typically (as in the USA) account for 80% of greenhouse gas emissions.

The focus on electricity and transport gives several advantages:

1. Local environmental benefit from less pollution of sulphur and all else that’s in the emissions, regardless of the less certain or immediate global benefit from CO2 reduction.

2. Electricity supply alternatives which together with improved grid distribution gives better competition and keeps down electricity bills for consumers.

3. Transport alternatives (using electricity, hydrogen and other energy sources), which give variety of choice and competition advantages for consumers, additionally reducing the dependency on oil imports.

4. No trade problems: Unlike Cap and Trade, which involves cement, steel and other industries having to face imports from unregulated countries, the here suggested electricity and transport changes are not just more limited, but also largely local. Since there is little competition between say utility companies internationally, "best practice" results can be compared and shared.



Funding and Impact
Equity and long term loan finance can be used: Long term industrial loans from financial institutions, particularly if federal/state guaranteed, give low yearly interest repayments and lessen the effect on electricity bills or transport cost.

Compare with
today’s all-encompassing Cap and Trade (emission trading) suggestions, with unpredictability, expense, and needless disruption from normal business practice on one hand, or unnecessary profiteering from free allowance handouts with little actual emission reduction on the other hand - together with extensive -and unnecessary- regulation on what people can or can’t buy and use.

Understanding why proposed Cap and Trade is bad, in USA and elsewhere
http://www.ceolas.net/#cce5x
Basic Idea — Offsets — Tree Planting — Manufacture Shift — Fair Trade — Surreal Market — Real Market — Allowances: Auctions + Hand-Outs — Allowance Trading — Companies: Business Stability + Business Cost — In Conclusion

The Way Forward
http://www.ceolas.net/#cc10x
Introduction — Funding and Impact —No Energy Efficiency Regulation — A New Electric World
Electricity Generation — Distribution
Transport Power Generation — Regulation — Taxation