Tag Archives: EU ETS
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
Clash of the titans: Birol, Stern and Günther.
The front page of the Financial Times today says: “Soaring oil prices risk recession”. The chief economist of the International Energy Agency, Fatih Birol, says that the high oil prices have the capacity to tip the global economy back into … 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
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
Good news for the sky
Amidst a lot of bad news (extinction in Vietnam of the Javan Rhino, slaughter of 800 skylarks in Hungary by Italian hunters, shoot-to-kill search for a hungry shark in Australia), some good news came up about cutting emissions from air … Continue reading