New carbon trading legislation confuses businesses (enviro's new gravy train: consulting)

Telegraph ^ | 04/01/10 | Rowena Mason

[TigerLikesRooster]

New carbon trading legislation confuses businesses

A compulsory carbon trading scheme for 5,000 UK businesses will launch today, amid widespread confusion about its complex rules and a bonanza of extra fees for environmental consultants.

By Rowena Mason, City Reporter (Energy)

Published: 12:08AM BST 01 Apr 2010

Under the Government's scheme, an array of businesses from supermarkets to office blocks that spend more than £500,000 per year on energy must conduct an audit of their carbon dioxide emissions.

They must register by September and will next year be ranked in a league according to how much energy they have saved or spent, with financial rewards and penalties dependent on their position. They will also have to buy allowances at a fixed price of £12 per tonne to cover their emissions.

[TigerLikesRooster]

This reminds me of the time sexual harrassment rule was frist imposed. Businesses were confused and scrambled to figure out how to cope with it. Career feminists and their assorted lackeys did brisk business as consultants and some had permanent presence at corporations. In bureaucracy, too. Career and money for liberals.

[mlocher]

Lenin: "Hey, I have an idea. Let's create a commodity out of thin air, ration it and let the free market do some work. In parallel, let's prove that the free market is a failure, and we can take over rationing this fictitious commodity."

Stalin: "Nobody would ever go for that."

[Brad from Tennessee]

[They (businesses) will also have to buy allowances at a fixed price of £12 per tonne to cover their emissions. . .]

The UK-based Generation Investment Management LLP fund, chaired by Al Gore and and Goldman Sachs veteran David Blood, has been buying up carbon allowance paper for years in anticipation this event. Now they are on the verge of literally making billions. Though British businesses may be “confused,” Gore, Blood and their wealthy investors aren't.

[Plumberman27]

Now that climate change and global warming have been proven false beyond doubt and no more debate is required on the subject why is this happening? I say the companies ignore the law or shut their doors since there is no reason to follow this law. If anything should happen it is that Al Gore either be jailed or placed in a mental institute for the rest of his life.

[steelyourfaith]

 

Beam me to Planet Gore !

The Competitive Enterprise Institute will be bestowing the Julian Simon Award on Steve McIntyre and Ross McKitrick for their efforts in debunking Mann's hockey stick at CEI's 2010 Dinner, June 17 at Hyatt Regency Capitol Hill 400 New Jersey Ave. NW Washington, DC 20001.

[mlocher]

If anything should happen it is that Al Gore either be jailed or placed in a mental institute for the rest of his life.

I vote for the mental institute.