The focus on electricity and transport…
Dr.Peter Thomas
Dublin - IRELAND
The focus on electricity and transport gives several advantages
Exactly, emission reduction could be much simpler, and thereby easier to agree on - and without Emission trading complicating International trade relations!
Sufficient first phase 2020/2030 emission reduction is achieved by acting on ELECTRICITY generation (coal, gas) and TRANSPORT (mainly automobiles) alone, since these 2 sectors typically (as in the USA) account for 80% of greenhouse gas emissions.
The focus on electricity and transport gives several advantages:
1. Local environmental benefit from less pollution of sulphur and all else that’s in the emissions, regardless of the less certain or immediate global benefit from CO2 reduction.
2. Electricity supply alternatives which together with improved grid distribution gives better competition and keeps down electricity bills for consumers.
3. Transport alternatives (using electricity, hydrogen and other energy sources), which give variety of choice and competition advantages for consumers, additionally reducing the dependency on oil imports.
4. No trade problems: Unlike Cap and Trade, which involves cement, steel and other industries having to face imports from unregulated countries, the here suggested electricity and transport changes are not just more limited, but also largely local. Since there is little competition between say utility companies internationally, “best practice” results can be compared and shared.
Funding and Impact Equity and long term loan finance can be used: Long term industrial loans from financial institutions, particularly if federal/state guaranteed, give low yearly interest repayments and lessen the effect on electricity bills or transport cost.
Compare with today’s all-encompassing Cap and Trade (emission trading) suggestions, with unpredictability, expense, and needless disruption from normal business practice on one hand, or unnecessary profiteering from free allowance handouts with little actual emission reduction on the other hand - together with extensive -and unnecessary- regulation on what people can or can’t buy and use.
Understanding why proposed Cap and Trade is bad, in USA and elsewhere
http://www.ceolas.net/#cce5x
Basic Idea - Offsets - Tree Planting - Manufacture Shift - Fair Trade - Surreal Market - Real Market - Allowances: Auctions + Hand-Outs - Allowance Trading - Companies: Business Stability + Business Cost - In Conclusion
The Way Forward
http://www.ceolas.net/#cc10x
Introduction - Funding and Impact -No Energy Efficiency Regulation - A New Electric World Electricity Generation - Distribution
Transport Power Generation - Regulation - Taxation
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