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The Carbon Tax

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February 23, 2008 – Comments (2)

Looks like BC is taking leadership in reducing greenhouse gases.

Has anyone followed the markets in carbon credit trading? 

http://en.wikipedia.org/wiki/Carbon_credit

http://www.carbontrading.com/ 

I first noticed this carbon trading stuff about a year and a half ago, via this Innovative Hydrogen Solutions.   

It looked interesting to me, but this guy looked like he was willing to sell his wares for any price he could get from you, and now that I've come back to look at it again a year later, it looks to have fallen off the face of the earth.  There is absolutely no new information to be found. 

I have a friend far more vested in the ways of physics than myself and he said the therodynamics of what this guy was saying was a total fraud...

So, is this "airhead" trading really happening?  I mean, how much less fundamental can you get to be trading hot air?

 

 

2 Comments – Post Your Own

#1) On February 23, 2008 at 4:22 PM, DemonDoug (82.62) wrote:

the problem with hydrogren is that to get it in a usable form takes way more energy than you can produce.  I cannot possibly see how hydrogen will help with future energy needs of humans.

as soon as we get the neocons out of our life we'll have some sane environmental policies again. 

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#2) On February 23, 2008 at 6:38 PM, bellard (99.34) wrote:

Hydrogen may be a solution, but as Demon points out, it is currently net energy negative. We curently use CH4 - natural gas as the feedstock. In the future this may change. One example is researchers have found that if you deprive some speices of algae some base elements, they produce Hydrogen, not oxygen. So we can currently grow hydrogen. To do this in any volume may take decades.....

Carbon/pollution cap and trade will become a reality imho. Read my blog on natural gas for more info. Longer term the US will just have carbon taxes, pollution taxes as a cap n trade does not produce revenue for the government. With pollution taxes, you could just offset income taxes so workers would actually pay less in taxes,

 

 

 

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