Mar,Originally Posted by Mar Tweedy
It is about consumer choice. You apply the carbon tax and then let the market find the optimal solutions. This leads to the most efficient outcome.
It is the policies other than the tax that distort the market and prohibit individual choice, such as for example the 40% renewables target by 2020. If renewable's costs rise relative to the alternatives between now and then, we will just wind up paying more for no benefit.
jethro
believe me the alternatives dont have to cost more, take away thr REFIT tariffs now and the wind industry would hardly notice, that is for the comfort of the banks and in the real world it makes a difference only in the first financial quarter if the year and is neglible after that, provide storage and the need for subsidy disappears, and the same hydro storage unit makes money for the fossil plants as well
Regards, Pat Gill
Guardian video regarding peak oil; George Monbiot meets ... Fatih Birol
In the latest in the groundbreaking interview series, Britain's leading green commentator tackles the International Energy Authority's chief economist, who reveals for the first time a startling and worrying prediction for the date of peak oil. Read the peak oil feature and add your comment
When will the oil run out?
George Monbiot puts the question to Fatih Birol, chief economist of the International Energy Agency - and is both astonished and alarmed by the answer
If you ask, the government always produces the same response: "Global oil resources are adequate for the foreseeable future." It knows this, it says, because of the assessments made by the International Energy Agency (IEA) in its World Energy Outlook reports. In the 2007 report, the IEA does appear to support the government's view. "World oil resources," it states, "are judged to be sufficient to meet the projected growth in demand to 2030," though it says nothing about what happens at that point, or whether they will continue to be sufficient after 2030. But this, as far as Whitehall is concerned, is the end of the matter. Like most of the rich world's governments, the UK treats the IEA's projections as gospel...
To avoid global economic collapse, we need to begin "a mitigation crash programme 20 years before peaking". If Hirsch is right, and if oil supplies peak before 2028, we're in deep doodah.
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[SIZE="1"]There was something formless and perfect
before the universe was born.
It is serene. Empty.
Solitary. Unchanging.
Infinite. Eternally present.
It is the mother of the universe.
For lack of a better name,
I call it the
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Dunk,
If people think that oil is going to run out then they should start investing in alternative energies. Maybe put some shares into a solar panel manufacturer or into a 'clean coal' to liquid programme. So then as we approach 2020 the price of oil should be rising sharply and steadily (in response to it's scarcity). The solar panels and coals would be far more competitive alternatives and investors would make a mint.
But of course this is not what George Monbiot is advocating. He wants govts to force us to use dearer energies because they know best. But when it comes to the efficient allocation of goods and services, the free market has a much better record than that of central planners.
For one, according to the alarmists (and aspirants to big govt) we have been close to running out of oil since it was first discovered.
Is there oil in cork?
George Monbiot is very good at asking questions but a little light on suggesting real answers
Regards, Pat Gill
Wasn't there 100 billion barrels of Oil found off Ireland about a 1 or 2 years ago?
Thought they were bail's of hay?
Hobbs is really a Green party counter-espionage agent.
He was personaly trained by John Gormley for this job.
Johns ambition is to save the planet and by advocating a yes vote believes he will be the next EU energy czar.
When this happens John and Eddie ,his deputy will make any use of fossil fuels
within the common EU area a criminal offence.
According to Johns press releases energy from renewable resources will more than compensate for the loss of fossil fuels
Shhhhhhhhh!
That was supposed to be a secret!
.
"Always do right. This will gratify some people and astonish the rest." Mark Twain
“When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency; their sole object is gain.” Napoléon Bonaparte
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