Tag Archives: carbon pricing
An unlikely encounter – Günther and Gross
Some people don’t like it when the dimension of time is distorted. Yet, it happened at least once in Telford. A most unlikely encounter occurred when Günther, an EU bureaucrat in 2012, bumped into Derek Gross, travel porn mogul in … Continue reading
Posted in Climate change policy, The Chronicles of Nat Eb
Tagged carbon pricing, Derek Gross, growth, Günther, price signals, slowness, veganism
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Disappointment about the carbon price does not stack up
There is something strange about people’s disappointment at the low carbon price. People disappointed at the low carbon price say they are disappointed because the carbon price – being low – is not acting as a signal to long-term investment … Continue reading
Posted in Climate change policy
Tagged carbon pricing, coal-fired power plants, EU ETS, EUA price, fuel switch
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Signal confusion
Does the EUA price constitute a signal or not? Should it? Trevor Sikorsky of Barclays Capital argues in Barclays’ Quarterly Carbon Standard (26th March 2012) that: “It is expectations that drive such investment [in clean technology] … not current prices.” … Continue reading
Clarification re the EIB funding lignite-fired power plant
I want to clarify something which became clearer to me after writing the previous post. There are two separable problems. 1. They are funding a lignite-fired power plant. But there are reasons which can justify that – for example, they … Continue reading
Brick wall policy
High energy prices could result in either recession or investment in cleantech. I imagined a car driving into a wall, say, in a film. In one film the car hits the wall and it’s written off. That’s the recession. In … Continue reading