Paying the price of the carbon insanity

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.

2 Responses to “Paying the price of the carbon insanity”

  1. 1 rogerthesurf 30/12/2010 at 10:57 pm

    I agree that we are in the grip of the biggest and most insane hoax in history, and unless the public get wise to it soon, we will all be parted from what wealth we have.

    Lets take a simple economic view of what is likely to happen.

    In the absence of sufficient alternative solutions/technologies, the only way western countries can ever attain the IPCC demands of CO2 emissions reduced to 40% below 1990 levels, (thats about 60% below todays) is to machine restrictions on the use of fossil fuels. Emission Trading schemes are an example.

    As the use of fossil fuels is roughly linear with anthropogenic CO2 emissions, to attain a 60% reduction of emissions , means about the same proportion of reduction of fossil fuel usage, including petrol, diesel, heating oil, not to mention coal and other types including propane etc.

    No matter how a restriction on the use of these is implemented even a 10% decrease will make the price of petrol go sky high. In otherwords, (and petrol is just one example) we can expect, if the IPCC has its way, a price rise on petrol of greater than 500%.
    First of all, for all normal people, this will make the family car impossible to use. Worse than that though, the transport industry will also have to deal with this as well and they will need to pass the cost on to the consumer. Simple things like food will get prohibitively expensive. Manufacturers who need fossil energy to produce will either pass the cost on to the consumer or go out of business. If you live further than walking distance from work, you will be in trouble.
    All this leads to an economic crash of terrible proportions as unemployment rises and poverty spreads.
    I believe that this will be the effect of bowing to the IPCC and the AGW lobby. AND as AGW is a hoax it will be all in vain. The world will continue to do what it has always done while normal people starve and others at the top (including energy/oil companies and emission traders) will enjoy the high prices.

    Neither this scenario nor any analysis of the cost of CO2 emission reductions is included in IPCC literature, and the Stern report which claims economic expansion is simply not obeying economic logic as it is known in todays academic world.

    The fact that the emission reduction cost issue is not discussed, leads me to believe that there is a deliberate cover up of this issue. Fairly obviously the possibility of starvation will hardly appear to the masses.

    AGW is baloney anyway!



  2. 2 graham wood 31/12/2010 at 12:27 pm

    “we are in the grip of the biggest and most insane hoax in history, and unless the public get wise to it soon, we will all be parted from what wealth we have.”

    Good comment Roger, and agree with the rest of your post.
    I believe that once the sheer uneconomic uselessness of “renewables” is more fully revealed then the fool Huhne will be quietly sidelined.


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