Comments on: Cap and Trade Favours Consumer Action http://ecolocalizer.com/2009/08/03/cap-and-trade-favours-consumer-action/ News & commentary on sustainability, activism, urban planning, politics, and our world. Fri, 25 May 2012 16:38:57 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Chris Milton http://ecolocalizer.com/2009/08/03/cap-and-trade-favours-consumer-action/comment-page-1/#comment-60537 Chris Milton Wed, 05 Aug 2009 15:07:46 +0000 http://ecoworldly.com/?p=3460#comment-60537 Hi Keiron -- this is a very good point. Since the ETS was launched there has been a glut of permits issued, far too many to make the scheme true effectual. The UK Government is on record as saying £25 (ie. $40) is an appropriate level for carbon to be traded at and Sandbag UK has simply followed it's lead. The 13euro price equates to Please also remember that Sandbag UK is a growing not-for-profit with it's own running costs. This includes a recent report critical of the way the ETS is being run. I admit the premium appears hefty in percentage terms. However to suck up all the excess permits needs 20% of the EU's population to buy one permit each. $40 isn't too steep a price when it's put like that! Hi Keiron — this is a very good point.

Since the ETS was launched there has been a glut of permits issued, far too many to make the scheme true effectual. The UK Government is on record as saying £25 (ie. $40) is an appropriate level for carbon to be traded at and Sandbag UK has simply followed it’s lead. The 13euro price equates to

Please also remember that Sandbag UK is a growing not-for-profit with it’s own running costs. This includes a recent report critical of the way the ETS is being run.

I admit the premium appears hefty in percentage terms. However to suck up all the excess permits needs 20% of the EU’s population to buy one permit each. $40 isn’t too steep a price when it’s put like that!

]]> By: AnAmericanIdiot http://ecolocalizer.com/2009/08/03/cap-and-trade-favours-consumer-action/comment-page-1/#comment-60539 AnAmericanIdiot Mon, 03 Aug 2009 17:34:13 +0000 http://ecoworldly.com/?p=3460#comment-60539 Just wonderful. Now everyone can help accelerate a total global economic collapse! Such idiocy has never been witnessed on the planet before. It would make far more sense for govts to invest in developing new clean processes or to provide incentives. Instead we're witnessing punitive measures that will result in higher prices for everything, create scarcity, increase poverty, and perhaps yield a global food crisis. Think about it, farmers make the food we eat. Punish them with higher fuel, fertilizer, pesticide, and direct punishment for the menthane their animals produce and they quit. They quit or cut back and people starve. Idiots all of you. Just wonderful. Now everyone can help accelerate a total global economic collapse! Such idiocy has never been witnessed on the planet before. It would make far more sense for govts to invest in developing new clean processes or to provide incentives. Instead we’re witnessing punitive measures that will result in higher prices for everything, create scarcity, increase poverty, and perhaps yield a global food crisis. Think about it, farmers make the food we eat. Punish them with higher fuel, fertilizer, pesticide, and direct punishment for the menthane their animals produce and they quit. They quit or cut back and people starve. Idiots all of you.

]]> By: Keiron Allen http://ecolocalizer.com/2009/08/03/cap-and-trade-favours-consumer-action/comment-page-1/#comment-60538 Keiron Allen Mon, 03 Aug 2009 08:16:25 +0000 http://ecoworldly.com/?p=3460#comment-60538 $40 a tonne is pretty pricey given the current price of a tonne of carbon is 13.70 Euros on the EU ETS. $40 a tonne is pretty pricey given the current price of a tonne of carbon is 13.70 Euros on the EU ETS.

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