"Finally the full horror of Kevin Rudds carbon trading legislation for business is starting to dawn on at least some Liberal Party politicians. In the National Party Barnaby Joyce was way ahead of them. The more I look at the legislation the more I realise that this is one of the greatest transfers
"Otherwise, China, at the bottom of the global carbon trading chain, will face the loss of pricing power, like that in the international oil market, said Yang Zhi, head of Renmin University of China research institute on climate change and low-carbon economy."
"Kyoto legislation worked. The EU is on track to meet - and actually exceed the carbon emissions target it set of 8% reductions below 1990 levels by 2012, the Commission’s annual progress report on emissions shows. The EU-15 (the first fifteen signatories) will meet and exceed their initial target
"The ruling Labor party had previously hinted that the agricultural sector – which produces about 16 per cent of the countrys greenhouse gas emissions – would likely be included in the scheme starting in 2015.But in a major about-face, the government has said it would be willing to exclude farmi
"Australias government has agreed to exclude agriculture from its emissions trading scheme in a bid to get the scheme throught parliament, a minister said on Sunday."
"The environment is highly valued by most Kiwi businesses but they dont know how emissions trading will impact on them, and they are incredulous we might end up paying overseas interests to offset our carbon emissions."
Electronic trading does provide some traders and exchanges an advantage over others, which is both legal and fair, and early adopters can be sure of gaining the most.
"A solution might be at hand, though, and would not involve radical changes to the existing infrastructure. Treating groups of dispersed power sources, such as solar and wind generators, as a single entity could solve the problem, creating the virtual equivalent of a single large power station."