DanThiel
Just Getting Started
Joined: 25 Dec 2007
Posts: 30
Location: California
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 Posted: Fri Jan 09, 2009 9:04 pm Post subject: Pollution |
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Breathe Deeply - But Hold Your Nose
I have been hearing from Washington how wonderful the new cap and trade bill is and how it is going to solve the world greenhouse gas pollution problem.
Of course no one has yet established or proven that CO2 gases are pollution, but that's OK. There is a working device that removes CO2 from the atmosphere, but let's understand it really is not about pollution. There is plenty of money to be made trading excess carbon.
If your company is one that emits any carbon containing gas a regulator is going to "inspect" the company and he will permit the amount of gas the company is allowed to emit. Unless he is an expert in the industry how can an accurate estimate be made? I know having had to deal with regulators in my former business. He has a book which is at least several hundred pages written by another Washington expert regulator who has never seen what he is regulating.
The on-site expert sets a cap. It is the maximum amount of carbon gas the company is allowed to emit. He says, "Live with it or we will fine you".
Here is the usual Washington stupidity. If the company exceeds the "cap" it can buy extra emission carbon credits so it can pollute all it wants without being fined. There is an exchange where carbon credits can be traded, International Emissions Trading Association. This is another wasteful bit of beaurocracy that has shown so far that emissions have not been reduced. In plain English it doesn't work.
See http://www.resourcesforattorneys.com/issues/index.php?entry=entry081217-042116 for the full article.
In my opinion this is just another piece of government flim flam.
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Dan Thiel
California Lawyers |
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