romney. Spit!
Relative to off-site projects, the new regulations propose a two-tiered system of triggers and safety valves. At first, plants can do offset projects in the northeast region, which keeps technology development and environmental benefits closer to home. However, if the price of available offsets reaches $6.50/ton of emissions for 12 months, firms would then be able to shop for offsets anywhere in the world, where cheaper opportunities might be available – thus protecting ratepayers while providing the same environmental benefit. If the price of offsets climbs yet higher to a point with unacceptable economic impacts, or $10.00/ton, firms can then meet their emissions obligations by paying into a Greenhouse Gas Expendable Trust. The Trust will be used by the state to purchase new offsets or invest in the development of technology to reduce greenhouse gas emissions.
......In the development of greenhouse gas policy, Romney Administration officials have elicited input from environmental and economic policy experts. These include John Holden, professor of environmental policy at Harvard University and chair of the National Commission on Energy Policy and Billy Pizer, an economist at Resources for the Future, an environmental policy think-tank based in Washington D.C.
“A safety valve assures that compliance costs will not rise above acceptable levels and guarantees that the market will continue to function despite any unforeseen, adverse events,” said Billy Pizer. “At an appropriate level, a safety valve makes sense for virtually any market-based emissions reduction policy, but especially for one addressing a cumulative problem like CO2 emissions, where the most important element is a continual, long-term incentive for innovative technologies.”
Elements of a safety valve were included in the successful acid rain trading program and would have helped avert the crisis faced by the RECLAIM program in California, when a shortage pushed nitrogen oxide allowance prices to more than $40,000 per ton, far above the normal market price.
Implementing these regulations represents the latest in a series of initiatives that the Romney administration has undertaken to address air pollution. In 2004, Governor Romney announced the Massachusetts Climate Protection Plan, which laid out a coordinated statewide response to reduce greenhouse gas emissions and protect the climate."......
In addition it has come to light that Mittens resigned as a board member of the mormon owned Marriott Hotel chain sometime back in early 2011. Mittens is a long time porno/smut peddlar and has benefitted financially by being a board member of this hotel chain. now he wants to run as a candidate for these United States?
It’s said that a friend of Mittens in the National Restaurant Assoc ggave Mittens information on Herman Cain sexual harassment case so Mittens could smear Herman and his god-fearing name.
SHAME ON MITTENS