Thursday, September 24, 2009

The Reference Frame: Poland, Estonia win: indulgences for free
EU carbon indulgences dropped from 15.40 to 13.40 in two weeks. Three more months to return to zero.

Entertainingly enough, another event occurred last week. National experts have determined that carbon quotas would be harmful for many industries - because they could move to Asia or elsewhere. So they have agreed on a list of 164 industries out of 250 industries that should remain unrestricted.

They produce 77% of the carbon dioxide from manufacturing. ;-)

In other words, many people begin to realize what we have known from the beginning - that the only way how the carbon restrictions may be survivable is when they are virtually undetectable, too.
Give Me Ten Dollars and I’ll Tell You Why Capitalism is Evil
When Michael Moore travels around the world with a team of bodyguards delivering paid lectures on the evils of making money,the obvious question becomes, is Michael Moore a self-hating capitalist or a hypocrite? The answer, like most of the left, is a little of both.
...
It’s possible to debate whether or not Al Gore believes in his own global warming alarmism, but he certainly doesn’t live it. Instead his lifestyle of jet plane trips around the world and his hefty mansion are just the tip of the iceberg of a huge fortune, most of it made from turning his global warming cause into corporate bucks, Cap and Trade is the very embodiment of how the left fuses anti-capitalism with capitalism, making money trading futures created by penalizing people and companies who produce carbon emissions.
Environmentalists Seek to Wipe Out Plush Toilet Paper - washingtonpost.com
Toilet paper is far from being the biggest threat to the world's forests: together with facial tissue, it accounts for 5 percent of the U.S. forest-products industry, according to industry figures.
Spain's Answer to ["green" economic devastation]: Go Greener - washingtonpost.com
"What they're talking about now -- creating a new sustainable economic model through alternative energy -- is going to be exactly the opposite of sustainable," said Gabriel Calzada, a Spanish economist and critic of the government's alternative-energy policy. "You're only going to create more distortion, more bubbles. It isn't going to work."

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