Posted on 02/17/2007 11:52:16 PM PST by neverdem
Ping
ping
Cow~Fart~~~Pffffffffftttt~~~fffffffttttt !!!...;0)bump
And bebunked good!
Beeber alert. :^)
If Global Warming is so bad and our emissions cause it, why give credits? Just regulate all the industry and transportation away... don't let the emissions continue. Or are they after the money and don't want to kill the golden goose? (do I really need a sarcasm tag here?)
Lugar Farm is first in Indiana to provide carbon sequestration offsets on the Chicago Climate Exchange
Thursday, May 18, 2006
U.S. Sen. Dick Lugar’s Marion County farm is the first in Indiana to participate in the Chicago Climate Exchange.
Audio comments from the press conference are available at http://src.senate.gov/lugar/radio/ and via telephone at 1-800-545-1267; press 407 for the Lugar mailbox.
“I am pleased to announce that the Lugar Stock Farm has enrolled as an offset provider in the Chicago Climate Exchange. The Lugar Stock Farm is an active corn, soybean, and hardwood tree farm in Marion County, Indiana. Our farm will be the first in Indiana to enroll in this important exchange. I am hopeful that farmers in Indiana and elsewhere will investigate the possibility of enrolling in the exchange. This not only will encourage the practice of sequestering carbon, it will provide an additional source of farm income to those who qualify,” said Lugar.
...“As a Hoosier farmer, I seek ways to ensure the economic productivity of our farming operation. I utilize risk management tools such as federal crop insurance and commodity markets, and I seek ways to add value to the products grown on our land. Nearly 20 years ago, I began converting about 200 of the 604 acres on our farm to hardwood trees. As these majestic trees grow, they absorb and store carbon from the air around Indianapolis. Increasingly, the global community is recognizing the potential perils of climate change. The ability of farmers and others to remove carbon from the atmosphere and store it through methods such as tree farming and no-till planting are an important part of the solution,” Lugar said.
..“The Lugar Stock Farm has entered into a binding contract with the Chicago Climate Exchange to provide offset carbon credits, or carbon that entities may want to use to mitigate or offset the amount of greenhouse gasses they may produce. Based on our management practices, tree age, tree density, and other factors, the Chicago Climate Exchange estimates that our farm will capture about 3,400 metric tons of carbon in these trees. Instead of selling these offset credits directly to specific generators of carbon, the Chicago Climate Exchange operates as a market discovery mechanism similar to corn and soybean markets where willing buyers and sellers transact business based on commodity prices. The Lugar Stock Farm maintains legal ownership of these offset credits until a market decision is made to sell them on the exchange. Yesterday, carbon credits were trading at $3.50 per metric ton. Additionally, our farm is responsible for reporting any loss of trees, or the addition of trees, to ensure that carbon is being stored. Similar situations now involve U.S. livestock operations and no-till farmers,” continued Lugar.
Heres the address for the whole statement.
http://lugar.senate.gov/pressapp/record.cfm?id=255829
Amen. A true "environmentalist" who genuinely believed "it may already be too late to save the planet", would say "freeze and/or reduce hydocarbon emission levels in all countries around the globe, regardless of their state of industrial development". Only a Marxist Socialist would say, "freeze and reduce hydrocarbon levels in 'developed' (capitalist) countries, but by all means allow the 'undeveloped' (and socialist/communist) countries to pollute all they wish until that magical day when 'economic parity' is realized".
shameless beyond belief
It is sad to see the blatant fraud Global Warming scam treated as if our lives must conform to it. There is no "it" to conform to, in the sense that there is no policy, action, or set of guidelines that will or can ever make any difference. Climate change is the norm for the earth, and blaming CO2 is a charade at best.
much worse than Sam Donaldson's
subsidy goat ranch
shameless beyond belief.
selling out for...
3400 X $3.75 = $12,750
what a man
GW Ping
Might as well let the balkanization begin and divide it up into 5 or 6 smaller and easier to manage nations.
Freepers have knee-jerk reactions to anything reported about any European nation. Where are the knee-jerk responses for our own state of affairs? When a Euro nation involves itself in the carbon trading scheme- they are doomed. When the US does it...? We will rationalise it of course. We always do. They're wrong because they're them and we're right for doing the same stupid thing because we're us.
The US should know better than to get involved in this. That makes us worse, stupider and more doomed.
Of course bussing kids all over creation every morning needs to come to an immediate end.
3400 X $3.75 = $12,750
By being in at the inception of this market, in fact creating it, he has truly secured his family for generations. Its a shame the rest of us are not allowed such inside deals.
The economists at Wharton estimate this will cost every American family an additional $2,000 per year in taxes and increased consumer costs.
Here's a synopisis of the British model to give you an idea of the fascist scam about to be foisted on you -
Citizens in Great Britain may soon be hit by a blitz of top secret green taxes to combat the socialist bogeyman called global warming, reports the Daily Mail.
Under this proposal, the government would grab billions of pounds of extra revenue by not telling motorists when gas prices go down. So everytime petro prices drop, the tax on petro would automatically rise. So rather than drivers seeing that extra savings in their pocket, the government would keep the price high and grab the extra money for itself.
Then there’s talk of raising the annual road tax from a maximum of £210 to £5,000 in order to “combat car use and ownership.”
And a “pay per mile” tax could be added.
Next, Brits could see a washing machine tax, a dishwasher tax, a dryer tax, a lightbulb tax and an air travel tax.
Finally, the Tories plan to install “spies” in dustbins to impose a “rubbish tax” on households that throw away non-recyclable refuse.
The grand total of new taxes for a family of four would be an additional £1,163 per year.
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