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Why Cap & Trade won't work
Annie Leonard (the Story of Stuff, you know the video that makes capitalist zealots all frothy at the mouth) has a new video on why cap & trade is a scam.
http://www.youtube.com/watch?v=pA6FS...layer_embedded and for those who don't want to watch the video there is an article to accompany it. Minuteman Media: Climate Scams Won’t Save the Planet here is an excerpt: Unfortunately, many offsets are just scams. Consider the case of Sinar Mas. This pulp and paper company cut down native forest in Indonesia, causing major devastation, and then planted palm oil trees on the wasteland it had created. Guess what it got for that? Offset credits for reforesting. This company destroys an entire forest ecosystem, installs a monoculture industrial plantation, and can still turn a profit from selling the trees cut down, the palm oil produced in their place, and carbon credits. As a result, a company somewhere else can continue to pollute. It doesn’t make any sense. Third, carbon trading creates a new derivatives market in carbon credits that’s ripe for speculation. Remember the mortgage crisis, where bad loans were bundled and resold ad nauseum? Now imagine the investment banks that brought us the financial crisis gambling on carbon derivatives—and toxic carbon credits backed by nothing but hot air—creating a carbon bubble. This time when the bubble bursts, we could lose more than our houses. Our planet's ability to sustain life as we know it is at stake. Above all, cap and trade is a dangerous distraction from what we must do to avert climate chaos. That includes shifting public support from fossil fuels to wind, solar, and other renewable energy alternatives, rebuilding our economy around new jobs in clean industries and energy efficiency improvements, and promoting policies that reward real innovators, not dirty industries. Andrew
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“...corporations and those who run them cannot stop exploiting resources and amassing wealth until they have... .I cannot finish this sentence, because the truth is that can never stop; like cancer, they can only continue to expand until they kill the host.” -- Derrick Jensen |
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Re: Why Cap & Trade won't work
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Andrew
__________________
“...corporations and those who run them cannot stop exploiting resources and amassing wealth until they have... .I cannot finish this sentence, because the truth is that can never stop; like cancer, they can only continue to expand until they kill the host.” -- Derrick Jensen |
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Re: Why Cap & Trade won't work
Yup. In the 14th century, traditional religion was the cash cow. Today, it's the psuedo-religion of AGW.
Yes, I know, not all AGW proponents are that fervorous, but you must admit there are more than a few who are completely ape, calling for prison for disagreeing with AGW theory, etc. Matt |
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Re: Why Cap & Trade won't work
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I do think there should be some corrective measures taken to prevent these people from lying to the public, im not sure how though. Its also important to note that cap & trade policies are not coming from environmentalists - if you watch the video these policies were invented by people at goldman sachs and others. In other words it is the same people who fucked the economy but walked away with billions who are now looking to consolidate the fucking of the planet and likewise walk away with billions. Cap & Trade is not a policy originating in the environmental movement, i know some of those people begrudgingly accept it as "better than nothing", and "at least they are talking about" sort of nonsense. But cap & trade comes from politicians, economists, bankers, etc... it does not come from enviros. That is a myth. Andrew
__________________
“...corporations and those who run them cannot stop exploiting resources and amassing wealth until they have... .I cannot finish this sentence, because the truth is that can never stop; like cancer, they can only continue to expand until they kill the host.” -- Derrick Jensen |
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Re: Why Cap & Trade won't work
Focus money on renewable energy sources, rather than line the pockets of con artists.
Here's an inconvenient truth for you - long before AlGore made his movie about climate change, he formed a company to sell carbon credits. The credits he purchases to "offset" his extravagant personal energy consumption at home? You guessed it - he buys them from his company. |
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Re: Why Cap & Trade won't work
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Andrew
__________________
“...corporations and those who run them cannot stop exploiting resources and amassing wealth until they have... .I cannot finish this sentence, because the truth is that can never stop; like cancer, they can only continue to expand until they kill the host.” -- Derrick Jensen |
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Re: Why Cap & Trade won't work
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Matt |
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Re: Why Cap & Trade won't work
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Also, if there is a tax for emitting carbon that money should be used to subsidize people for the inevitable era of significantly higher energy costs while the new infrastructure is deployed. It should not be used to line the pockets of people like Al Gore. Andrew
__________________
“...corporations and those who run them cannot stop exploiting resources and amassing wealth until they have... .I cannot finish this sentence, because the truth is that can never stop; like cancer, they can only continue to expand until they kill the host.” -- Derrick Jensen |
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Re: Why Cap & Trade won't work
Who do you imagine would be collecting these funds and then redistributing them? Congressmen.
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Re: Why Cap & Trade won't work
cap-n-tax is not intended to have any environmental impact.
for what its intended to do, it will work great.
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Socialism doesn't create a rising tide that lifts all boats. It drains the lake and teaches the boat riders not to help themselves by rowing. Jesus loves you, allah wants you dead "Every government interference in the economy consists of giving an unearned benefit, extorted by force, to some men at the expense of others." Ayn Rand |
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Re: Why Cap & Trade won't work
The whole global warming and cap-n-trade is just a way to punish developed nations like the US, and to push money and jobs to less developed countries.
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"You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity." |
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