Friday, April 10, 2009

Can Index-Linked Bonds Save the Carbon [Swindle] Market?
The UK government claims it is serious about meeting its carbon emission targets, serious about moving to a low carbon economy. The UK government is likely to issue a large number of gilts over the next few years due to the credit crunch. By issuing carbon bonds linked to independent, auditable index metrics such as emission targets, the price of fossil fuel and the future carbon price, the UK government would remove private investors' objections that their biggest uncertainty is government commitment. Likewise, given that failure to perform will cost, government would have a real incentive to meet its emission targets.

So come on, UK government. Put your money where your mouth is and make a real commitment, issue index-linked gilts and remove the biggest risk stymieing low-carbon project developers, you.
A farmer’s view on carbon credits : Bravo, "farmer Steve"
Let’s be honest, we feel compelled to take this money because of the need to be competitive, however we also need to hold true to our values and lead by example that means placing our principals ahead of money.

No good citizen is opposed to using the earth’s resources wisely, however, wisdom means a person who has both intelligence and humility. In my view many of the proponents of man made global warming have the first and lack the second. We are able to exercise our freedom in this country because we have abundant, reliable and affordable power. It is ironic that we sat in front of the flag in that fire hall and considered trading our liberty for money.
Letter: Stop global warming scam - Cyril Cernohous, town of Troy, River Falls Journal
I want to commend Beata Kalies from the State Electric Coop Association for her stand on global warming now being called “climate change.”

Whatever you call it, it is a money-making scam started by Al Gore with the intention to make millions of dollars with carbon credits.

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