Britain and California to join forces on global warming

[Rose Siding]

WASHINGTON -- Britain and California are preparing to sidestep the Bush administration and fight global warming together by creating a joint market for greenhouse gases.

British Prime Minister Tony Blair and California Gov. Arnold Schwarzenegger plan to lay the groundwork for a new trans-Atlantic market in carbon dioxide emissions, The Associated Press has learned. Such a move could help California cut carbon dioxide and other heat-trapping gases scientists blame for warming the planet. President Bush has rejected the idea of ordering such cuts.

Blair and Schwarzenegger were expected to announce their collaboration this afternoon in Los Angeles, according to documents provided by British government officials on condition of anonymity because the announcement was forthcoming.

The aim is to fix a price on carbon pollution, an unwanted byproduct of burning fossil fuels like coal, oil and gasoline. The idea is to set overall caps for carbon and reward businesses that find a profitable way to minimize their carbon emissions, thereby encouraging new, greener technologies.

http://www.chron.com/disp/story.mpl/front/4083237.html

[tuvor]

1. They're also getting together on stem cell research!

Blair to lure US stem cell firms

http://news.bbc.co.uk/2/hi/business/5229456.stm

Is Arnie now bliar's new best buddy?

[dipsydoodle]

2. Doesn't this just make it an even bigger scam

"The idea is to set overall caps for carbon and reward businesses that find a profitable way to minimize their carbon emissions, thereby encouraging new, greener technologies."

Idea seems to be that you reward green companies by creating certificates for their underusage, selling those certifcates to companies somewhat less than green and using the receipts to reward the green companies. Is there something missing ? Yes - it's called commission for trading the certificates.

In other words fuck the environment just another money making scam.

[wtmusic]

3. Kyoto uses the same idea

and I have yet to hear it called a scam. AFAIK the trading would only be done between countries/states (not individuals), with the money to finance it coming from some kind of multilateral fund like the one set up for the Montreal Protocol.

[dipsydoodle]

9. The side issue is that

imports from countries not in Kyoto are not counted. That's the equivalent of exporting emmissions.

[Gully Foyle]

4. Hehe

Where it began, I can't begin to know when
But then I know it's growing strong
Oh, wasn't the spring, whooo
And spring became the summer
Who'd believe you'd come along

Hands, touching hands, reaching out
Touching me, touching you

[bananas]

5. k&r nt

[bemildred]

6. More evidence of the illegitimacy and irrelevance of Washington, DC. nt

[leesa]

7. Never trust Arnie in an election year, and never trust Blair, period.

Look for the hook. There must be some scam for corporate megaprofit if these jokers are behind it.

[KKKarl is an idiot]

8. There is a difference between a neocon & a conservative

I believe Arnie is a conservative. He is not a neocon. I may not like everything conservatives stand for, but they have better agendas than neocons.