Europe in Full Retreat on Climate Plan, US to Follow Suit (Carbon Trading Fails Market Test)

Icecap ^ | Nov 7 2008 | John Coleman (Icecap staff)

[calcowgirl]

I wanna see all the con artists in the USA in full retreat.

Their time is past due.

[Alberta's Child]

This is one good reason to have a Democrat in the White House. The fawning media and various pundits from all over the globe will fall all over themselves to make excuses for a guy who refuses to carry out a "climate change reduction plan" that they would damn well have condemned any Republican for opposing.

Remember, folks . . . the Kyoto Treaty was voted down by a 95-0 margin in the U.S. Senate during the Clinton administration.

[SunkenCiv]

Huge surprise dep’t.

[Fichori]

All right everybody, this calls for a chili cook off!

Lets give those feedlots a run for their money!

[kabar]

Analysts and carbon brokers believe Obama’s support for an emissions cap-and-trade scheme and plans to create millions of “green” industry jobs send exactly the right signal for carbon trading and the burgeoning renewable energy industry.

Yeah, Europe goes back on the deal because it will cost jobs and raise energy costs, but Obama is going full speed ahead with a cap and trade system in the middle of a recession cum depression.

[Robert A Cook PE]

We’ve been following that line of thought for a while - but that particular essay expressed many of the salient point very clearly.

Thank you.

I will begin following ICR’s web site more closely - perhaps contributing. (See my FR profile for one train of thought. )

[jimfree]

If the bottom falls out of the carbon market what happens to AlGore’s $100 million?

[jimfree]

If the bottom falls out of the carbon market what happens to AlGore’s $100 million? Oh please let the market collapse!

[Robert A Cook PE]

Well, if Gore can’t pay his own mortgage, Fannie will have to have us pay for him ... Right?

[I got the rope]

Does anyone have a link to the latest carbon market prices in Europe?

[Right Wing Assault]

Oh, no! You mean we’re going to KILL the earth just to save our economies and our lives??

[brianr10]

Just as an aside, the northeast states have a carbon auction system set up. Here in Syracuse, a cogeneration plant that generates 90MW for the grid and steam for a nearby paper mill has decided to shut down the turbine and just produce steam because of the financial costs of paying for the carbon credits.

[Robert A Cook PE]

Just as an aside, the northeast states have a carbon auction system set up. Here in Syracuse, a cogeneration plant that generates 90MW for the grid and steam for a nearby paper mill has decided to shut down the turbine and just produce steam because of the financial costs of paying for the carbon credits.

So the net is less overall energy efficiency, isn't it?

He*l of a way to "save energy" .....

[US_MilitaryRules]

“””””””””the Kyoto Treaty was voted down by a 95-0 margin in the U.S. Senate during the Clinton administration.”””””””

That is because the dems haven’t set up their carbon credit scam companies yet! When they are in place they will reap trillions of dollars.

[Tolerance Sucks Rocks]

Renegotiate the carbon trade system? Hell, get rid of it! After all, we may need Europe, of all places, to hold up the flagging world economy after the Obamao’s minions get through eating out our substance.

[Ernest_at_the_Beach]

Thanks for the link!

[Marine_Uncle]

Thanks. I have been viewing stuff at icecap for some time now. I believe I had shown the link in a few FR postings of lately.

[Ernest_at_the_Beach]

From Amazon:

cosmoclimatology

there is a community...

[Marine_Uncle]

Perhaps as the anointed one sits at his desk in the oval office and watches people falling over from freezing he will become the community organizer to halt the global warming freaks hold on the world’s industrial complexes. Then again, he may not. After all he has a lot of furniture he can go through as they light a bon fire in the WH to keep the kids warm.

[SierraWasp]

Do they cater to Cosmo Cramer on Seinfeld???