The Mudcat Café TM
Thread #111515 Message #2349508
Posted By: JohnInKansas
26-May-08 - 03:02 PM
Thread Name: Personal Carbon Allowance
Subject: RE: Personal Carbon Allowance
On the surface it sounds like another scheme to permit "those who can afford it" to have "as much as they want" with transfer of the burden of fixing things transfered to those who will have to sell their credits to buy food.
I don't see anything preventing the coal plant from buying large blocks of "individual credits" from a co-op of individuals just as they now buy credits from each other.(?)
The committee was quite likely looking at improving the "liquidity" of the carbon credits market by dispersing additional credits across all of the individual consumers, - - - as a favor to the dirtiest of the industrial users.(?)
But then I've become a bit cynical since the proposal for the new coal fired plant in Kansas because Colorado needs the power and Colorado won't let them build there. (Rejected by KS Environmental licensing, two bills to override passed by legislature - because we'll all die if the plant doesn't get built - two vetos by the Gov. Still fighting via threats, extortion, kickbacks, and mass publicity campaigns that are an insult to human intelligence1.)