There should be a level and it is up to each individual company to hit the level. Fines should be levied against companies that fail to meet the published level and companies that come in under the level should be given incentives.
This aggregation to a level between companies and countries will never accomplish anything. There is no incentive to reduce emissions and there will be no incentive to to reduce the levels.
Take Me Back Tuesday: GLOBAL WARMING CORRAL
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JJ McGuire
- Veteran
- Posts: 282
- Joined: Tue Jun 22, 2004 5:26 am
- Location: Chester Springs, PA
- Contact:
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Bankermane
- Duck South Addict
- Posts: 5371
- Joined: Fri Dec 28, 2001 1:01 am
- Location: 39211
Why don't we all on a given day turn our air conditioners on full blast and open all the windows and doors. About 5 or 6 hours should cure the whole problem.
"Being white ain't all its cracked up to be"
"Fighting on the internet is like competing in the Special Olympics...Even if you win, you're still retarded"...
"Fighting on the internet is like competing in the Special Olympics...Even if you win, you're still retarded"...
THE BIG MONEY IS LINING UP...WILL YOU MISS THE NEXT BIG THING OR WILL YOU PROFIT FROM IT?
Citigroup aims $50 billion at climate over 10 years
New York, 10 May: Citigroup plans to direct about $50 billion over 10 years to address global climate change, through investments and financing of renewable energy and clean technologies, it said on Tuesday.
The New York-based financial giant said the figure is based on expected transactions with clients, as well as projects at its own operations. It includes $10 billion that Citigroup has already spent in areas affecting climate change.
The biggest effort will come in Citi's markets and banking group, which plans to invest $31 billion in clean energy and alternative technologies over 10 years. It sees "tremendous opportunities" to support companies working in solar, wind, hydroelectric and geothermal energy, as well as in energy efficiency.
The group has already invested $7.5 billion in this area, Citigroup noted, including a $2.15 billion financing that allowed Portuguese energy firm Energias de Portugal (EdP) to acquire a US wind portfolio. EdP plans to develop 9,000MW of new wind projects.
Another unit, Citi Alternative Investments, has invested in Suzlon Wind Energy, an Indian turbine manufacturer, and Sindicatum Carbon Capital, a London firm developing Joint Implementation and Clean Development Mechanism projects under the Kyoto Protocol.
In commercial finance, CitiCapital's Energy Finance Unit will double its $1 billion portfolio from underwriting energy efficiency investments by universities, school districts and municipalities.
In the consumer area, Citigroup will continue programmes that help homeowners make energy efficiency upgrades or install solar energy systems.
Internally, Citigroup will increase ten-fold, to $10 billion, its commitment to reduce its "corporate environmental footprint". It will purchase more 'green' power for its 14,500 facilities and intends to achieve Leadership in Energy & Environmental Design (LEED) certification for all new construction. It aims to reduce GHG emissions by 10% by 2011, compared with 2005 levels.
Citigroup CEO Charles Prince said the company is well-positioned to address climate change, since it has operations in more than 100 countries.
Citigroup aims $50 billion at climate over 10 years
New York, 10 May: Citigroup plans to direct about $50 billion over 10 years to address global climate change, through investments and financing of renewable energy and clean technologies, it said on Tuesday.
The New York-based financial giant said the figure is based on expected transactions with clients, as well as projects at its own operations. It includes $10 billion that Citigroup has already spent in areas affecting climate change.
The biggest effort will come in Citi's markets and banking group, which plans to invest $31 billion in clean energy and alternative technologies over 10 years. It sees "tremendous opportunities" to support companies working in solar, wind, hydroelectric and geothermal energy, as well as in energy efficiency.
The group has already invested $7.5 billion in this area, Citigroup noted, including a $2.15 billion financing that allowed Portuguese energy firm Energias de Portugal (EdP) to acquire a US wind portfolio. EdP plans to develop 9,000MW of new wind projects.
Another unit, Citi Alternative Investments, has invested in Suzlon Wind Energy, an Indian turbine manufacturer, and Sindicatum Carbon Capital, a London firm developing Joint Implementation and Clean Development Mechanism projects under the Kyoto Protocol.
In commercial finance, CitiCapital's Energy Finance Unit will double its $1 billion portfolio from underwriting energy efficiency investments by universities, school districts and municipalities.
In the consumer area, Citigroup will continue programmes that help homeowners make energy efficiency upgrades or install solar energy systems.
Internally, Citigroup will increase ten-fold, to $10 billion, its commitment to reduce its "corporate environmental footprint". It will purchase more 'green' power for its 14,500 facilities and intends to achieve Leadership in Energy & Environmental Design (LEED) certification for all new construction. It aims to reduce GHG emissions by 10% by 2011, compared with 2005 levels.
Citigroup CEO Charles Prince said the company is well-positioned to address climate change, since it has operations in more than 100 countries.
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duckduckgoose
- Veteran
- Posts: 250
- Joined: Mon Dec 25, 2006 3:10 pm
- Location: birmingham, al
Yall are missing the point...There is big, big, big, big, big, big, enormous, huge, mind boggling money to be made...You can take long positions in companies that will win or short positions in companies that will lose...You can play the carbon credits, options on carbon credits, futures on carbon credits, options on futures on carbon credits...You can sell your gas guzzlers now or wait for the price of gas to rise to $5 or more per gallon...You can buy an energy efficient home now when costs of solar panels, insulation, efficient water heaters, etc are reasonable or you can wait till these costs go into the stratospehere because when electric bills double or triple due to the expense of dealing with GHG emissions, everybody and his brother will be buying this stuff.
HINT: There are 6 BB tons of GHG emissions in the US annually...Electric utilities are responsible for 2 BB tons...Where do you think the initial focus will be?
HINT: There are 6 BB tons of GHG emissions in the US annually...Electric utilities are responsible for 2 BB tons...Where do you think the initial focus will be?
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Bullreds & Greenheads
- Veteran
- Posts: 306
- Joined: Thu May 08, 2003 12:50 am
- Location: Near Ole Ross's Rez
As with most bullchit forced upon us (or about to be forced upon us), follow the money to find the people behind the "useful idiots". This will lead you to the real power brokers and often shows their true motives.
The global warming scam is nothing more than a grab for money and power. We will lose many freedoms because of this crap, and there will be vast numbers of "sheeple" who will give up their precious freedoms with a smile on their face.
The global warming scam is nothing more than a grab for money and power. We will lose many freedoms because of this crap, and there will be vast numbers of "sheeple" who will give up their precious freedoms with a smile on their face.
On the subject of money, tts a shame big oil companies and auto manufacturers are calling the shots in the white house.
I just think that if we had the technology to put a man on the moon almost 40 years ago, we must be capable of making 4x4 trucks with powerful, highly fuel-efficient engines. Somebody (powerful) must not want to see this happen.
I just think that if we had the technology to put a man on the moon almost 40 years ago, we must be capable of making 4x4 trucks with powerful, highly fuel-efficient engines. Somebody (powerful) must not want to see this happen.
Carbon Trading Investment Summer Seminar
Preparing U.S. Investors for Their Role in the Global Carbon Market
July 30 - 31, 2007 · Venue to be confirmed, New York, NY
The Supreme Court’s recent decision to allow the EPA to regulate carbon emissions, combined with the precedent of carbon emissions trading schemes abroad, has created the environment for increased carbon trading in the U.S. With the implementation of federal legislation, carbon trading could arguably become one of the most profitable industries in future years.
In order to be prepared for such legislation, it’s important to analyze carbon trading fundamentals and strategies that have already been set in place by the EU ETS and the U.S. voluntary market, so you can have the tools and knowledge you need to incorporate carbon credits into your portfolio. The Carbon Trading Investment Summer Seminar is intended to be a two-day intensive program to educate U.S. investors on the ins and outs of carbon trading, so you can be prepared for the years ahead.
Confirmed Speakers Include:
Imtiaz Ahmad, Senior Trader, MORGAN STANLEY
Garth Edward, Trading Manager, Environmental Products, SHELL TRADING
Alex Rau, Principal, CLIMATE WEDGE
Chris James, Manager, Climate Change and Energy Programs, CONNECTICUT DEPARTMENT OF ENVIRONMENTAL PROTECTION
Ricardo Nogueira, Counsel & Investment Advisor, EEA FUND MANAGEMENT advisors to Trading Emissions PLC
And much more!
Hear Discussions On:
Trading strategies, pricing, arbitrage opportunities and risk management
Lessons learned from the EU ETS
Understanding the Clean Development Mechanism
Current progress towards federal legislation and a cap and trade model
Understanding the global carbon market in the years ahead
Determining the role of the CCX and analyzing its successes and initiatives
Discussing the role of Wall Street as it relates to the future of carbon trading
Who You Will Meet:
Investment Banks
Hedge Funds
Private Equity Funds
Mutual Funds
Carbon Traders and Brokers
Heads of Energy and Utilities Industries
Heads of Global Environmental Exchanges Carbon Credit Aggregators
Experts in Environmental Policy
Emissions and Carbon Trading Advisors
Legal Experts in Environmental Policy and Law
Don’t miss the chance to educate yourself and gain leverage in the most exciting marketplace in the coming years!
Questions? Contact us on 1-800-882-8684 or 1-973-256-0211 or email info@iqpc.com now!© 2007 IQPC. All rights reserved.
Preparing U.S. Investors for Their Role in the Global Carbon Market
July 30 - 31, 2007 · Venue to be confirmed, New York, NY
The Supreme Court’s recent decision to allow the EPA to regulate carbon emissions, combined with the precedent of carbon emissions trading schemes abroad, has created the environment for increased carbon trading in the U.S. With the implementation of federal legislation, carbon trading could arguably become one of the most profitable industries in future years.
In order to be prepared for such legislation, it’s important to analyze carbon trading fundamentals and strategies that have already been set in place by the EU ETS and the U.S. voluntary market, so you can have the tools and knowledge you need to incorporate carbon credits into your portfolio. The Carbon Trading Investment Summer Seminar is intended to be a two-day intensive program to educate U.S. investors on the ins and outs of carbon trading, so you can be prepared for the years ahead.
Confirmed Speakers Include:
Imtiaz Ahmad, Senior Trader, MORGAN STANLEY
Garth Edward, Trading Manager, Environmental Products, SHELL TRADING
Alex Rau, Principal, CLIMATE WEDGE
Chris James, Manager, Climate Change and Energy Programs, CONNECTICUT DEPARTMENT OF ENVIRONMENTAL PROTECTION
Ricardo Nogueira, Counsel & Investment Advisor, EEA FUND MANAGEMENT advisors to Trading Emissions PLC
And much more!
Hear Discussions On:
Trading strategies, pricing, arbitrage opportunities and risk management
Lessons learned from the EU ETS
Understanding the Clean Development Mechanism
Current progress towards federal legislation and a cap and trade model
Understanding the global carbon market in the years ahead
Determining the role of the CCX and analyzing its successes and initiatives
Discussing the role of Wall Street as it relates to the future of carbon trading
Who You Will Meet:
Investment Banks
Hedge Funds
Private Equity Funds
Mutual Funds
Carbon Traders and Brokers
Heads of Energy and Utilities Industries
Heads of Global Environmental Exchanges Carbon Credit Aggregators
Experts in Environmental Policy
Emissions and Carbon Trading Advisors
Legal Experts in Environmental Policy and Law
Don’t miss the chance to educate yourself and gain leverage in the most exciting marketplace in the coming years!
Questions? Contact us on 1-800-882-8684 or 1-973-256-0211 or email info@iqpc.com now!© 2007 IQPC. All rights reserved.
-
duckduckgoose
- Veteran
- Posts: 250
- Joined: Mon Dec 25, 2006 3:10 pm
- Location: birmingham, al
Editorial: Better Flood Control
Monday, May 14, 2007 - Bangor Daily News
http://bangordailynews.com/news/t/viewp ... &zoneid=34
The Army Corps of Engineers, the country's construction branch, is
known for dredging and dam projects that serve political needs rather
than public safety or environmental needs. A reform bill now before the
Senate would change this by requiring independent review of Corps
projects and, if an amendment sponsored by Sen. Susan Collins is
enacted, an assessment of the climate change implications of its
projects. Given the importance of Corps projects and the dangerous and
expensive consequences of more powerful storms and other climate
changes, these improvements are needed and long overdue.
Last year, the Senate passed an Army Corps reform bill, but it was not
reconciled with a weaker House version. With a new Congress, rewriting
the Water Resources Development Act has begun again, informed by the
problems revealed by Hurricane Katrina.
In its evaluation of the performance of the New Orleans and Southeast
Louisiana Hurricane Protection System during Hurricane Katrina, the
Corps wrote that the city's levees failed because of poor design and
flawed construction. For example, the Corps did not account for poor
soil quality or that the ground was sinking in some areas. It did not
reconsider the height of the levees after being warned of this sinking.
Failure of the levees flooded huge portions of New Orleans.
An independent review of the levee design and construction may have
identified the need for modifications before the inadequate flood
protection system was built and, ultimately failed. The Hurricane
Katrina levee failures are the largest and most recent example of
problems with Army Corps projects.
In Saco, residents of the Camp Ellis area blame the Corps construction
of a breakwater at the mouth of the Saco River for beach erosion there.
The area was hard hit by the April 16 storm, which destroyed seven homes
in Camp Ellis.
The bill contains $25 million to rebuild the breakwater, a project that
will be improved by ensuring that the faults with the current jetty -
such as directing waves toward homes - are remedied.
On climate change, a Senate Homeland Security and Governmental Affairs
Committee hearing last month highlighted government insurance
programs* failure to prepare for climate change while private
companies are already addressing an expected continued growth in losses
from worsening storms.
The Pentagon is already planning for the consequences of abrupt climate
change, which for the United States could include a flood of starving
immigrants from Mexico, South America and the Carribean Islands, causing
the country to strengthen its borders. Tensions with Mexico could
escalate if the United States reneges on a treaty that guarantees that
some water from the Colorado River flow into Mexico. The consequences
would be worse for Europe, Asia and East Africa, according to the
Pentagon.
Given what the military and private companies are doing, it would be
irresponsible for the Army Corps, which builds dams and levees for flood
protection and dredges rivers and harbors for navigation, not to plan
for changes in the climate.
The amendment, along with improvements in the Corps* project planning
and review, will ensure the agency better protects communities and the
environment.
Monday, May 14, 2007 - Bangor Daily News
http://bangordailynews.com/news/t/viewp ... &zoneid=34
The Army Corps of Engineers, the country's construction branch, is
known for dredging and dam projects that serve political needs rather
than public safety or environmental needs. A reform bill now before the
Senate would change this by requiring independent review of Corps
projects and, if an amendment sponsored by Sen. Susan Collins is
enacted, an assessment of the climate change implications of its
projects. Given the importance of Corps projects and the dangerous and
expensive consequences of more powerful storms and other climate
changes, these improvements are needed and long overdue.
Last year, the Senate passed an Army Corps reform bill, but it was not
reconciled with a weaker House version. With a new Congress, rewriting
the Water Resources Development Act has begun again, informed by the
problems revealed by Hurricane Katrina.
In its evaluation of the performance of the New Orleans and Southeast
Louisiana Hurricane Protection System during Hurricane Katrina, the
Corps wrote that the city's levees failed because of poor design and
flawed construction. For example, the Corps did not account for poor
soil quality or that the ground was sinking in some areas. It did not
reconsider the height of the levees after being warned of this sinking.
Failure of the levees flooded huge portions of New Orleans.
An independent review of the levee design and construction may have
identified the need for modifications before the inadequate flood
protection system was built and, ultimately failed. The Hurricane
Katrina levee failures are the largest and most recent example of
problems with Army Corps projects.
In Saco, residents of the Camp Ellis area blame the Corps construction
of a breakwater at the mouth of the Saco River for beach erosion there.
The area was hard hit by the April 16 storm, which destroyed seven homes
in Camp Ellis.
The bill contains $25 million to rebuild the breakwater, a project that
will be improved by ensuring that the faults with the current jetty -
such as directing waves toward homes - are remedied.
On climate change, a Senate Homeland Security and Governmental Affairs
Committee hearing last month highlighted government insurance
programs* failure to prepare for climate change while private
companies are already addressing an expected continued growth in losses
from worsening storms.
The Pentagon is already planning for the consequences of abrupt climate
change, which for the United States could include a flood of starving
immigrants from Mexico, South America and the Carribean Islands, causing
the country to strengthen its borders. Tensions with Mexico could
escalate if the United States reneges on a treaty that guarantees that
some water from the Colorado River flow into Mexico. The consequences
would be worse for Europe, Asia and East Africa, according to the
Pentagon.
Given what the military and private companies are doing, it would be
irresponsible for the Army Corps, which builds dams and levees for flood
protection and dredges rivers and harbors for navigation, not to plan
for changes in the climate.
The amendment, along with improvements in the Corps* project planning
and review, will ensure the agency better protects communities and the
environment.
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