[Terrapreta] why we must relate to cap and trade

Sean K. Barry sean.barry at juno.com
Wed May 14 11:31:17 CDT 2008


Hi Duane,

Canada signed the Kyoto Protocol, right?  How does Canada pay for the "carbon credits" for the emissions of CO2 from Canada?
How does any signing country pay these now?

Regards,

SKB
  ----- Original Message ----- 
  From: Duane Pendergast<mailto:still.thinking at computare.org> 
  To: 'lou gold'<mailto:lou.gold at gmail.com> ; 'Terrapreta'<mailto:Terrapreta at bioenergylists.org> 
  Sent: Wednesday, May 14, 2008 9:43 AM
  Subject: Re: [Terrapreta] why we must relate to cap and trade


              Morning Lou,



  Canada has been talking the talk, in depth, on cap and trade for ten years now. It's been going on so long now governments are just deleting their analytic reports and discussion from public websites. I recall Europe has been talking even longer.  Many folks are already advertising offset schemes and attempting to collect bucks. All this is having essentially no effect on greenhouse gas emissions. Talk is talk and not worth much, especially in an election year. Implementation of a real effective scheme is not so easy.



  Duane



  -----Original Message-----
  From: terrapreta-bounces at bioenergylists.org [mailto:terrapreta-bounces at bioenergylists.org] On Behalf Of lou gold
  Sent: May 14, 2008 8:00 AM
  To: Terrapreta
  Subject: [Terrapreta] why we must relate to cap and trade




  There is a very interesting editorial in today's NY Times 

  May 14, 2008

  Editorial: The Post-Bush Climate
  http://www.nytimes.com/2008/05/14/opinion/14wed1.html?hp=&pagewanted=print<http://www.nytimes.com/2008/05/14/opinion/14wed1.html?hp=&pagewanted=print>

  It notes that all three US presidential candidates have indicated that they favor some sort of cap-and-trade system. My guess is that cap-and-trade is coming. This means than there will soon be a huge pool of monies to support activities that are viewed as sequestering carbon. 

  This is becoming no longer a philosophical or ideological or moral matter. It is happening and many folks (the good, the bad, the etc) are positioning themselves to bargain for the offset bucks. 

  I believe that this is why we are suddenly seeing foolish proposals like growing and burying trees. Why? Because growing and burying trees has some concrete metrics associated with it. There is measurable carbon retrieval. There is measurable organic carbon to be buried (or perhaps sunk into oceans where big logs don't deteriorate). The point is that the discussion is shifting to metrics and the biochar movement better have some way to measure its benefits if it hopes to compete.

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