Costs Weighed on Having Utilities Cut Back on CO2 - Business - redOrbit
Q: Do advocates believe industries will eventually embrace the plan?
A: Some businesses will find it cheap to reduce their emissions and sell their allowances to emit CO2 on the market, Owens said.
Others can use "offsets," in which they invest in projects such as reforestation, landfill gas management or management of agriculture manure, which would reduce CO2 emissions.
Under the regional cap-and-trade proposal, up to 49 percent of all emission reductions occurring from 2012 to 2020 can come from use of offsets.
"That is going to spur a lot of innovation as well. People will think of all kinds of ways of doing offset projects so as to not require imposition of new control technologies," Owens said.
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Hi Tom, Reading some of your posts I would guess that you are a global warming denier. It is great to witness this dying breed. Exactly what is it about this wonderful planet that you think is so indestructible. You have criticised Gaia, but surely you are aware that the the atmosphere on this planet is created by the life that exists on this planet. Destroy all plantlife and all the oxygen disappears in a few years, if not months. The Earth's atmosphere is very thin and tenouous (just a few miles thick). Without that atmosphere the temperatures on the surface would daily range from -100 celcius to +150 celcius. The CO2 PPM has increased by 30% in my lifetime. Yes there are more important greenhouse gases than CO2, but just to change even one of the less important gases on the planet can make the difference between the climate we have now and the climate enjoyed by the dinosaurs. The world economy is so fragile that just a few deeds by a few bankers can put the economy into decline. Just think what a small change in the climate will do. Yes a few degrees change in extreme weather is a "small" effect on a cosmic scale but it can plunge a nation into chaos and blackouts, wipe out* many species of wildlife. (*That is how evolution takes place... assuming that you believe in Darwin? Is this planet perhaps only 6,000 years old... Doh!)
The fossil fuels were laid down over several 1,000,000,000s of years and if you think that YOU can predict the effect the effect on world climate that results in burning the resulting fuels in a few decades, then you must be deluded.
Nobody can say what will happen if we release all that carbon into the atmosphere. The change might be "beneficial", but one thing is sure that the whole of the world economy, technology and demographics will have to change to accommodate the effect which is bound to be BIG.
I would really relish an argument point to point. I don't know if any of the climate models are true, in fact I am sure they are all wrong. You only have to look at the history of the earth's climate swings in and out of ice ages to realise that we tamper with it at our peril.
Man's greatest priority should be to understand what it is that tips the planet into and out of ice ages and until we understand that, and what causes climatic extremes, we should tread with the utmost caution. There is no guarantee that this planet's climate will always support modern civilisation as we know it and the Earth is the only planet we have available.
Did you know that for a few dollars you can obtain equipment to measure the variations of CO2 in the atmosphere even on a seasonal basis?. Why don't you check out the change in CO2 over the last 50 years. You would be in for a shock, it has changed more than it has for millennia. (I would be pleased if you prove me wrong on that.. because it frightens me.)
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