Tag: Carbon Credits

EcoEconomics in a Nutshell

Our free market economy is nothing more than a huge auction called ‘Supply and Demand’, which – very efficiently – puts a price on on everything.

The problem is that it allows us to sell everything – the last drop of oil, the last tree, the last fish, the last of everything. It’s called growth – but it is, obviously, growth into oblivion – the exact opposite of EcoEconomics. It is a fatal flaw of our present economic system.

Or, as Greenpeace puts it: “When the last tree is cut, the last river poisoned, and the last fish dead, we will discover that we can’t eat money…”

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The eco-economic price for a natural resource is, therefore, the price you would have to pay if our planet were to release that resource only at a sustainable level.

Who can put a Price on the Environment?  … We all should.

Afterall if we end up decimating the planet’s EcoSystems —  trying to sell off their once abundant natural resources — We can’t eat the money … or gold either, can we?

The Energy Bill has been shelved for now — another Price exacted by the Do Nothing Party.

Senate Halts Effort to Cap CO2 Emissions

Democrats Forgo Centerpiece of President Obama’s Energy Plan, as Cap-and-Trade Fails to Lure Broad Support in Congress

By Stephen Power, Wall Street Journal — July 23, 2010

Mr. Reid refused to declare the idea dead. But Thursday’s decision called into question when or whether any legislated cap on greenhouse-gas emissions would reach Mr. Obama’s desk.

Now, businesses, such as wind-turbine makers, that had bet on a greenhouse-gas provision to make alternatives to coal and oil more cost-competitive must recalculate how long it might take for that to happen.

[…] the solar industry is growing at the rate of about 40% a year in terms of electrical power installed and is likely to continue to grow, said Ron Kenedi, vice president of Sharp Corp.’s Sharp Solar Energy Solutions Group in Huntington Beach, Calif.

We need some new Senators (at least 60), who actually care about Energy Independence — enough to act.