Tag Archives: EU Emission Trading Scheme
A good reason to strip the EIB of its NER300 role
State-owned financial institutions are bad news any day because they are the bowels in which the crackpot ideas of bureaucrats ferment. But the EBRD and the EIB have surely hit the fan with their planned 650 million euro financing of … 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
Dreaming of tax and dividend
Tax and dividend is a policy approach proposed, among others, by James Hansen, climate scientist and activist. The principle is described in his 2009 testimony to the Committee on Ways and Means of the US House of Representatives. The principle … Continue reading
Green Philosophy
The philosopher, Roger Scruton, has recently had published a book called “Green Philosophy” (http://www.amazon.co.uk/Green-Philosophy-Think-Seriously-Planet/dp/1848870760). It sets out a right-wing or conservative philosophy for addressing environmental problems. His view is that large-scale, international schemes, infused with socialist values, are doomed to … Continue reading
The EU ETS – working but not working
The German magazine, Spiegel, published an article saying that the EU’s emission trading scheme isn’t working (http://m.spiegel.de/international/business/a-815225.html#spRedirectedFrom=www). Johannes Teyssen, the CEO of EON, voiced a similar opinion at a conference in Brussels recently: The scheme is “bust”, he said. As … Continue reading