Two countries, half a world apart, but united by a common problem that will result in spiralling prices for goods, services and energy. The money making scam that has created a market for CO2, despite the fact that there is no proof CO2 is causing any change to climate, is starting to bite.
First up, in Germany, Spiegel speculates:
The next stage in the world’s CO2 emissions-trading scheme will begin in two years. Everyone agrees that the rulebook is complicated and that the costs for industry will be enormous. But nobody knows if the system will really help the environment — or merely create a burdensome bureaucracy.
The piece also includes some observations from its default left/green perspective about the transformation of CO2 into a new world currency – argued by many to be the objective of the big corporates and investors that would benefit from it at the expense of consumers.
Meanwhile, in Australia, The Australian reports criticism that the government’s:
… plan for cleaner power stations repeats mistakes made in the US, where a crackdown on emissions from new power stations has deterred investors from building them and led to greater use of coal-fired plants that are, on average, 44 years old.
They also complain that the plan is based on technologies that are highly uncertain and say it is probably doomed to fail in Western Australia.
Money, business, investment, regulation… Where in all this is the laser like focus on the environment that is supposed to arrest man’s alleged ruination of the climate? The masks always slip when the real drivers behind these schemes cannot be concealed behind green rhetoric.