Stalking the climate negotiators | MNN - Mother Nature Network
Now you can virtually stalk key negotiators form the U.S. and 10 other counties online via AdoptaNegotiator.org.English Patient: What the U.S. Can Learn from the U.K.’s Low-Carb Diet - Environmental Capital - WSJ
The biggest problem might be the longest lasting: By lowering economic activity, the recession has also made it easier for Europe to meet its own emissions-reduction goals. That means that the price for carbon-dioxide permits has fallen—and will likely stay depressed. The U.K. report slashed its estimate of 2020 carbon prices to 22 euros a ton from 56 euros a ton.[Again, if people seriously think that the US climate swindle has a bright future, why has the offset price crashed 70-fold to 10 cents per ton?]
The price signal for the clean-energy revolution, in other words, has gone walkabout: It “raises a question over whether we can rely on this mechanism to incentivise investment in low-carbon technology […] We cannot therefore be confident that the [European cap-and-trade program] will deliver the required low-carbon investments for decarbonisation of the traded sector through the 2020s.”
At a time when the U.S. Senate is fighting over a cap-and-trade plan that would set a carbon price of just $15 a ton, that doesn’t bode well.
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