First Name | Norm |
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Last Name | Benson |
Email Address | norm@normbenson.com |
Affiliation | |
Subject | AB 32 |
Comment | Cutting 100 percent of the world's CO2 emissions lowers CO2 emissions by a whopping 1.5 percent of the carbon cycle, because the rest: 210 billion metric tons per year (Source: J Christy, 2002) comes from natural processes. So, how much of an affect would cutting 100% of California's emissions have? Less than 0.15% This is bad economics and bad policy. It’s not about saving the world (except for the true believers) it’s about money. Follow the incentives. Baptists and bootleggers, true believers and the buck-seekers, have banded together to make markets out of thin air with offsets or allowances. |
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Date and Time Comment Was Submitted | 2010-12-15 10:37:11 |
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