Europe’s Emissions Trading System has been around a few years. It has had many teething problems, including some shocking cases of fraud and governmental incompetence, and I have always argued against the ETS as being fundamentally flawed. Trying to us the same kind of devices to reduce emissions that brought banks and economies to their knees is simply foolish. Continue reading
Every year, when some nation tries get some international consensus on the greenhouse gas emissions made by aviation. These emissions are usually discharged at high level, making them last longer in the upper atmosphere and pushing our global warming, like the aircraft, upwards and onwards. Continue reading
No one likes to pay tax and everyone can think of many reasons why any particular tax is bad. New taxes are particularly unpopular and take time to get used to. A new tax has to become acceptable for reasons that people can understand.
There is no clearer case for taxation that taxes that help prevent environmental damage or at least provide some compensation for the activities of those who damage the environment. Continue reading
You might run across the term “biochar”. Inventing a word which is prefaced by “bio” give the word an impression of green, sustainable and environmentally friend, like biofuel and biomass, but these words have been hijacked to create an impression that does not accord with reality. Continue reading
Filed under: biofuels, biomass, carbon dioxide, carbon emissions, carbon trading, climate change, energy, global warming, pollution | Tagged: biochar, biochar and climate change, cdm, charcoal, clean development mechanism | 5 Comments »
Andrew Warren of the Association of the Conservation of Energy has written an interesting article comparing theUnited KingdomwithGermanywithin the context of climate change measures. Both nations are similarly sized with similar economies, Mr Warren points out with virtually identical climate change targets.
However as Mr Warren points out the United Kingdom is basing its energy policy on electricity consumption increasing and being serviced by renewable energy, whereas the German energy policy is based upon reducing waste in all energy consumption. Continue reading
Filed under: banking, biofuels, biomass, carbon dioxide, carbon emissions, carbon trading, climate change, energy, global warming, nuclear, PV, solar, solar energy, solar panels | Tagged: ACE, Andrew Warren, Association for the Conservation of Energy, Germany energy consumption, UK energy consumption, UK energypolicy, wood burning power stations | Leave a comment »
On Wednesday the British Finance Minister, who is rather grandly called the Chancellor of the Exchequer, announced the budget for the coming financial year. I have never understood why it is called a budget because a principle of every budget it that it should balance. The economies of the world’s developed nations rarely have balanced budgets; it is all about borrowing and more borrowing. I always look at the budget measures from an environmental perspective, so how green is this budget? Continue reading
Filed under: banking, carbon dioxide, carbon emissions, carbon trading, climate change, gas, nuclear, nuclear energy, oil, petrol, pollution, renewables, the economy | Tagged: carbon capture and storage, ccs, CCS levy, george osborne, green budget, green deal, Green Investment bank, north sea oil tax, oil prices, petrol tax, the Budget | Leave a comment »
When I first learned about the proposal to use a system of carbon credits and carbon trading as the main means of defeating climate change I was sceptical. This concept, pushed by the United Kingdom, seemed to me, to use the very devices that brought banking and the economies of many nations to their knees. I wrote then that the system was bound to fail in its objectives to reduce emissions and argued that what we needed was more measures, as opposed to measures to encourage measures. I also expressed concerns that the system would be rife with fraud. Continue reading
Filed under: carbon dioxide, carbon emissions, carbon trading, climate change, global warming | Tagged: bearer bonds, carbon certificates, carbon registries, emissions trading scheme, ETS, european emissions trading scheme | 3 Comments »