[LINK] RFC: eCommerce Perspective on Carbon Trading

[Tom Koltai]

> -----Original Message-----
> From: link-bounces at mailman1.anu.edu.au 
> [mailto:link-bounces at mailman1.anu.edu.au] On Behalf Of 
> stephen at melbpc.org.au
> Sent: Sunday, 8 February 2009 6:17 PM
> To: Roger.Clarke at xamax.com.au; link at anu.edu.au
> Subject: Re: [LINK] RFC: eCommerce Perspective on Carbon Trading
> 
><snip> 
> 
> Yes i think uncovered short selling, the mainstay of 
> hedge-funds, is evil.
> 
> > And I'm not just talking about carbon, or shares in financial
> > services corporations, or gambling by financial 
> institutions;  I mean 
> > across the board(s).
> > 
> > The Japanese material's useful, thanks Stephen.  (The extended paper
> > will be looking at particular schemes in more detail).
> 
> 
> Yes, the Japanese experience will be instructive for 
> Australia. But, can
> i suggest again that carbon-trading should have a 100% 
> environment focus
> and not be another banker & broker betting-ring. With water, 
> it's either
> there, or it isn't .. but with carbon, when an industry 
> complains to the
> Japanese Gov that it can't buy needed carbon emission 
> rights.. what's to 
> stop the government, under pressure, simply issuing more 
> carbon credits?  
> 
> But what would i know, other than Vic had its hottest day 
> ever yesterday.
> 
> Cheers, R
> Stephen

This is exactly why I am mooting "consumer issued carbon credits."
The fact that they are consumer issued damages no-one except the
speculators......
E.g.: Approx $98.00 per month from mowing the lawn with a push
mower...... (for those calculating madly, there are other emissions
apart from CO2)

By my calculations, the five (consumer) CDM's I am drafting add up to a
family financial bundle of around $180.00 per month.
Enough (in many cases) to offset the household carbon useage and put
some in the bank besides.

If applied to every (suburban house with a lawn required), the bottom
line is in the order of:  
Spring	684,000,000
Summer	345,000,000
Autumn	684,000,000
Winter	129,000,000
Total	    1,842,000,000  - P.A. AU$

That should put an unknown factor in the spokes of the speculators.

Cliché from "The Bill - TV Series"  The Pros don’t worry us - its those
damn amateurs, they are so unpredictable." 

(Yes - some of my consumer carbon credits are seasonal - unfortunately.
Not all that dissimilar to wind farms or solar panels really.)


Regards,

Tom