Should Ireland ignore the possible moral questions and make money from carbon credits

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Regards, Pat Gill
My posting name does not indicate my political views
labourure or greenure, do not have the same ding.

How can you be promoting this thread ?

How would it possibly "make money" from carbon credits?

We don't generate them as a country; there are no officially recognisable (in terms of CDM/JI) carbon mitigation projects possible in Annex I (industrialised) countries.

Are you suggesting that we invest in credits (excess to our needs) from the international market now and hope the price increases later? I hope not.

Its plausible that we could make some from the ones we've already bought as they wont all be needed in the Kyoto period. However we will most likely just hold onto them for the 2013-2020 period when its quite likely they will be more expensive in any event and will definitely be needed. There would be a cogent argument for buying more now for 2020 compliance, but thats not really the same as becoming international speculators in the credits. Leave that to private sector actors methinks.

Ask Al Gore to explain it to you. He has a billion dollar fund going

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Irish Liberty Forum

This thread is my comment on the whole issue
meanwhile shell are really interested in biodiesel

Big Oil is building algae farm in Hawaii for biodiesel - GM Inside News Forum

__________________
Regards, Pat Gill
My posting name does not indicate my political views
labourure or greenure, do not have the same ding.

Hello Dan. Stick to topics you know something about...like Massachusetts weather. How is it today? I'll be there in August, so I hope it picks up by then - I want to sit on the bleachers in the sun and root for those Red Sox.

Yeah but given we have gone in the wrong direction over the Kyoto period and we have pretty strict targets under the new EU effort sharing legislation, we will most likely need the allocation we have. Also, the new EU effort sharing legislation (for the non-ETS sectors) has a binding linear pathway, which means we have to make binding year-on-year reductions...unlike the present scenario during the Kyoto period.

As opposed to the well connected religions which accumulate billions in art and property.

Who could be better placed or better connected than your friends in the Vatican ?
Indeed isnt Pope Ratzinger moving the Church in the environmental direction ?

P.S I notice you have litlle to say about the Dominincan Friar ...Cat got your tongue ?