...and you get to keep the cash even if the mansion immediately burns to the ground along with the furniture!
Carbon market could enable California polluters - Salon.com
Carbon market could enable California polluters - Salon.com
California’s forest protocol is also the first in the world to credit durable wood products, including building materials and furniture, that lock carbon out of the atmosphere for a long time.
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From that Salon.com article:
"It is also considering including offsets from a controversial program called Reduced Emissions from Deforestation and Degradation, or REDD, that offers carbon credits for preserving forests and plantations in Mexico, Colombia and other developing countries."
In summary, the higher prices we pay in CA for goods whose prices have increased from cap-and-trade will be transferred (redistributed) to other countries. In short, this is just a means to redistribute wealth from a rich country to poor countries. This is what the left (who obviously looks to be under the influence of foreign lobbyists) has wanted for decades as well as the UN.
So if we start doing this REDD (international redistribution of wealth) program with other countries, the question is, once those trees die that have stored our CO2 thereby releasing the carbon back into the air, will we get our money refunded, adjusted for inflation and with interest?
Even prior to California's recent cap & trade law, that state had the toughest forestry laws in the country. Complicated and very expensive forest management plans are required for even small timber harvests by private landowners. (I do forest mgt. plans too but my mine are very cheap!)This has made forest management uneconomical for the small woodlot owner. But now they have this very complicated carbon trading scheme that requires CO2 to be accounted for. This is good for the carbon bureaucrats and those making lots of money trading the CO2 certificates. But it is very bad for the working class (and the small landowners)as energy prices go up rapidly which of course will raise the price of everything else. As a practicing private sector consulting forester in my own business, I have much more productive things to do than "count carbon". I would much rather be practicing silviculture and improving the forests for my landowner clients. But at least after the CCX (Chicago Climate Exchange) went belly up, my state deleted the carbon trading scam for landowners which would have netted them a paltry $8/acre if they were lucky. I guess there wasn't much left after Al Gore and his disciples skimmed off most of it.
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