Government’s are looking to unilaterally and cost-effectively make significant changes in the Earth’s climate and in their desire to have legislation.

One recognizes that given the proposed environmental benefits (required environmental benefits if life is to sustained on planet Earth!) and expensive solutions, any action taken to address global warming will certainly increase the cost of electricity and other goods and services we use every day.  At any rate this is conventional thinking.

Commonly muted, governments may impose cap-and-trade programs to limit carbon emissions. Cap-and-trade systems work by setting a specific limit on airborne pollutants from sources like power plants, factories, refineries and any other business or source exceeding prescribed limits and requiring those sources to account for all emissions with issued allowances.

However, some cap-and-trade proposals for carbon dioxide contain a new twist: requiring existing businesses and other pollution sources to buy allowances known in the EEC as Carbon Quotas.

Allowances like those proposed in the US model would be auctioned, leading to huge cost burdens for any source of carbon dioxide emissions (the Australian model would hand out Quotas for free to carbon polluters). In the case of US power plants, those auction costs of obtaining Quotas raise uncertainty of what costs would be and would ultimately be passed on to consumers using the power. The public would experience varying rates of power costs depending on the proportion of Carbon emitted by their local Power Plants depending on the fuel used and its carbon burnout properties.

The economic impact of these costs is found not only in electricity but also in the increased cost of goods and services that use electricity.

Obviously the auctioning of Allowances and Quotas would establish a substantial source of revenue for the federal government which turns the initial environmental argument for regulating carbon dioxide to sustain life into a source of government revenue. This becomes a backdoor tax increase that would essentially force electric utilities to become tax collectors.  This viewpoint turns an environmental problem into an economic nightmare.

Much work is being done to develop new technologies to reduce carbon dioxide emissions from power plants, but those options are limited, largely untested and in the case of Carbon Capture and Storage (CCS) expensive. Yet potential legislation could create the choice between two evils: either be subject to the volatility of an auctions market and Carbon Exchanges or make huge capital investments in unproven technology to capture and store CO2.

Our approach has been to work on an energy solution that tries to accomplish environmental goals while taking affordability into account.  And our Black Box technology actually does reduce CO2 emissions, something Carbon Capture and Storage does not even attempt.  Refer to our Know-how and Black Box Co2 Emission Reduction Device click here

Paradise lost: climate change forces South Sea islanders to seek sanctuary abroad

After years of fruitless appeals for decisive action on climate change, the tiny South Pacific nation of Kiribati has concluded that it is doomed. Yesterday its President, Anote Tong, used World Environment Day to request international help to evacuate his country before it disappears.

Water supplies are being contaminated by the encroaching salt water, Mr Tong said, and crops destroyed. Beachside communities have been moved inland. But Kiribati – 33 coral atolls sprinkled across two million square miles of ocean – has limited scope to adapt. Its highest land is barely 6 feet above sea level.

Speaking in New Zealand, Mr Tong said i-Kiribati, as his countrymen are known, had no option but to leave. “We may be beyond redemption,” he said. “We may be at the point of no return, where the emissions in the atmosphere will carry on contributing to climate change, to produce a sea level change so in time our small, low-lying islands will be submerged.”

Source:  Independent http://www.independent.co.uk/news/world/australasia/paradise-lost-climate-change-forces-south-sea-islanders-to-seek-sanctuary-abroad-841409.html