Tuesday, 22 December 2015
Profiteering through carbon trading permits
Profiteering through carbon trading permits
Profiteering through carbon trading permits
11:00 Tuesday 22 December 2015 / Letters
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SOMEHOW I was not at all surprised to see that the Governor of the Bank of England attended the Paris climate deals.
I am sure that big bucks are trading hands on the back of trendy carbon trading permits to “pollute” with carbon dioxide. As I suspected would happen, India will carry on burning coal while we curtail our own use.
This allows the carbon share price to soar thus making billions on the global stock markets.
Meanwhile, this glorious climate deal will allow the proliferation of “low carbon” nuclear power stations.
Whoever would have dreamt that nuclear power would now be labelled as green energy?
Acres of forest worldwide will be cut down to provide fuel for our biomass power stations that have replaced the coal. The concept behind biomass has been long forgotten along the blind climate alley.
Biomass refers to dead or fallen wood on the ground that may be burnt as a so-called carbon neutral fuel. Biomass does not include deliberately felling forests of trees as is now happening in the name of green energy.
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Meanwhile, deadly diesel “low carbon” vehicles continue to kill huge numbers worldwide with their noxious particulate emissions.
SUSAN THOMAS
Oxford
Carbon trading will become world’s biggest commodity
Carbon trading will become world’s biggest commodity
Carbon trading will become world’s biggest commodity
Wednesday 2 December 2015 / Letters
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SOME readers are voicing concerns as to why we have to close our cheap-to-run and operational coal power stations to divest from fossil fuels and to use dangerous nuclear power and imported Russian gas instead.
In London’s financial world, carbon trading is the latest trend.
Carbon shares will soon become the world’s biggest commodity market, and the world’s biggest market of stocks and shares.
One of the main reasons that all the political parties now endorse this low carbon path is a financial one.
Even the Green-sceptic Conservative Party enthusiastically endorses low carbon power.
George Osborne said that he wished to protect the low carbon market at all costs as it is worth billions of pounds worldwide. That figure will continue to grow, as developing nations demand more energy that will likely be produced by coal and other carbon heavy sources of fuel.
As more international governments start to regulate their country’s emissions, and as more companies start to voluntarily limit their emissions, the demand for available carbon credits will sky-rocket. And so will their price!
As for the impact of coal on global warming...
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In my humble opinion, vested financial and political interest does not work well for impartial science.
SUSAN THOMAS
Sir – It is a galling paradox that despite using less energy than in the swinging sixties, hard-pressed consumers are now paying higher utility bills. Clearly in some ways this paying more for less must be a regressive policy.
Investing in new nuclear power stations is projected to further exacerbate price rises. The huge nuclear investment start-up costs will be added to consumers’ bills causing meteoric rises in the next decade.
A lot of policy errors are contributing to high energy bills and really Government should get a grip on its energy policy.
I am not convinced that biomass has been such a great idea either.
This is because using trees for power stations has caused catastrophic deforestation in many parts of the world.
The editor of the Ecologist agreed with me that the trend for biomass is causing harm to the planet as trees have leaves that reduce pollution. People like the trendy sound of biomass but caution is needed. Coal is not a great fuel, but at least it has no green leaves.
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In my opinion, it is better to use cheap coal than burning trees which our planet desperately needs. Great Britain is a very windy country so wind power should in theory be an asset. However the turbine design needs to be improved so as not to drain the national grid of energy when they are forced to shut down in high winds. More innovation is needed, but I am sure that our inventive country will eventually get to a solution for cheap and clean long-term energy.
Susan Thomas
Oxford
Sunday, 20 December 2015
Climate change reports often get facts wrong
From the Oxford Mail:
THE terrible smogs in China are the result of vehicle exhaust particulate pollution and not carbon dioxide emissions as was incorrectly stated by a Channel 4 science newscaster.
Carbon dioxide on its own is a colourless and clear, non toxic gas. I hear a lot of bad science being spouted on the TV news in the wake of the climate talks.
Furthermore, studies have proved that air pollution actually prevents sunlight from reaching us and therefore smogs cool the ambient temperature rather than raise the temperature.
This has been demonstrated repeatedly by volcanic eruptions that emit airborne particulate aerosol matter.
The volcanic eruptions of Mount Pinatubo and Tambora resulted in lower temperatures worldwide – the years without a summer.
Smogs and pollution kill people but should not be confused with pure carbon dioxide emissions since carbon dioxide is both good for plants and ocean life.
Air pollution has been shown to lower rather than raise temperatures.
For example after the 9/11 air attacks all planes were grounded in New York.
Because the skies were clear of hazy aircraft contrails, the sunlight was able to reach unfiltered and the measured temperatures shot up in New York.
I wish the TV science newscasters would try to get their facts right.
The Chinese smogs will lower ambient temperatures and result in respiratory deaths but will not raise global temperatures.
I am all for clean energy but, if anything, clearer non-polluted skies
will lead to greater sunlight radiation reaching Earth and therefore
warmer temperatures and boosted crop production.
SUSAN THOMAS
Magdalen Road
Oxford
THE terrible smogs in China are the result of vehicle exhaust particulate pollution and not carbon dioxide emissions as was incorrectly stated by a Channel 4 science newscaster.
Carbon dioxide on its own is a colourless and clear, non toxic gas. I hear a lot of bad science being spouted on the TV news in the wake of the climate talks.
Furthermore, studies have proved that air pollution actually prevents sunlight from reaching us and therefore smogs cool the ambient temperature rather than raise the temperature.
This has been demonstrated repeatedly by volcanic eruptions that emit airborne particulate aerosol matter.
The volcanic eruptions of Mount Pinatubo and Tambora resulted in lower temperatures worldwide – the years without a summer.
Smogs and pollution kill people but should not be confused with pure carbon dioxide emissions since carbon dioxide is both good for plants and ocean life.
Air pollution has been shown to lower rather than raise temperatures.
For example after the 9/11 air attacks all planes were grounded in New York.
Because the skies were clear of hazy aircraft contrails, the sunlight was able to reach unfiltered and the measured temperatures shot up in New York.
The Chinese smogs will lower ambient temperatures and result in respiratory deaths but will not raise global temperatures.
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SUSAN THOMAS
Magdalen Road
Oxford
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