Wednesday, March 14, 2007
UK Climate Change Bill is plausible.
60% cut in carbon dioxide emissions by 2050? Yes, it can fairly easily be done, and even an 80% cut is possible with less immediate worries than one might expect.
CO2 is fungible; if you believe in climate change, then CO2 is harming all of us, whether it’s spewed in India or in the UK.
In practice, the bill creates a massive incentive for gas-spewing UK businesses to invest in the developing world, and therefore achieve their individual budgets for carbon cuts by importing reductions. Some details and references here and elsewhere.
IMO: There are very many issues, certainly not all addressed so far, but the scheme is at least a start.
CO2 is fungible; if you believe in climate change, then CO2 is harming all of us, whether it’s spewed in India or in the UK.
In practice, the bill creates a massive incentive for gas-spewing UK businesses to invest in the developing world, and therefore achieve their individual budgets for carbon cuts by importing reductions. Some details and references here and elsewhere.
IMO: There are very many issues, certainly not all addressed so far, but the scheme is at least a start.
# posted by uv : 2:32 AM
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