Beth,
Yes I believe it's the Chicago Mercantile Exchange.
Mike
-----Original Message-----
From: [email protected]
[mailto:[email protected]] On Behalf Of Beth Koebel
Sent: Friday, June 12, 2009 5:51 AM
To: [email protected]
Subject: [ENTS] Re: High elevation forest response to
climate change and other factors
Mike,
I thought the carbon exchange market is in Chicago. I agree that this
is one of the worst ideas that someone came up with.
Beth
Trees are the answer.--bumper sticker from Illinois Forest Association
--- On Wed, 6/10/09, Mike Leonard <[email protected]> wrote:
From: Mike Leonard <[email protected]>
Subject: [ENTS] Re: High elevation forest response to climate change and
other factors
To: [email protected]
Date: Wednesday, June 10, 2009, 5:23 AM
Steve,
The concept of "offsets" and "carbon trading" is just a way to shift the
emissions around while supporting an army of useless bureaucrats while
making some of the Wall Street money changers filthy rich.
Joe Zorzin just sent me the following about offsets:
Model Application Materials for Agricultural Manure Management Offset
Projects Now Available Online
June 9, 2009 -- Draft model Consistency Applications and Monitoring and
Verification Report materials for RGGI offset projects in the following
category "Avoided Methane Emissions from Agricultural Manure Management
Operations" are now available at:
http://www.rggi.org/offsets/update/sponsors.
The draft model materials are intended to help potential project
sponsors and project verifiers collect necessary documentation before
state-specific applications and submittal materials are released later
this month.
Note: Draft model materials are being released for information purposes
only and should not be submitted to the RGGI participating states.
For more information please see the Status Update on RGGI Offset
Application and Submittal Materials and Verifier Accreditation Process
at: http://www.rggi.org/docs/offset_status_update_5_14_09.pdf.
About RGGI offsets
RGGI provides for compliance flexibility through the use of emissions
offsets. The emissions offset provisions of the participating states'
regulations allow for the award of CO2 offset allowances to projects
outside the capped sector (the electric sector) that reduce or sequester
emissions of greenhouse gases.
CO2 offset allowances may be used to satisfy a limited portion of a
regulated power plant's compliance obligation. The use of CO2 offset
allowances is constrained to 3.3 percent of a power plant's total
compliance obligation during a control period, though this may be
expanded to 5 percent and 10 percent if certain CO2 allowance price
thresholds are reached.
The RGGI participating states have developed prescriptive standards for
specific offset project categories to ensure that offsets are real,
additional, verifiable, enforceable, and permanent. The following five
offset project categories are eligible under the participating states'
regulations:
. Landfill methane capture and destruction
. Reduction in emissions of sulfur hexafluoride (SF6) in the electricity
transmission and distribution sector
. Sequestration of carbon due to afforestation;
. Reduction or avoidance of CO2 emissions from natural gas, oil, or
propane end-use combustion due to end-use energy efficiency in the
building sector
. Avoided methane emissions from agricultural manure management
operations
For more information please visit: www.rggi.org/offsets.
Now the inconvenient truth for those who worship at Al Gore's altar is
that the above is pure 100% unadulterated bull****.
Mike
Mike,
You raise some interesting points;
recently (within the last 3-4 years), there was some hub-bub regarding
Gore's monthly electric bill at his estate in Nashville (average
$11,000/month) in contrast to his concern for Global Warming and
encouragment of other citizens to live more "green" and eco-friendly.
When this story hit the presses, he was asked to explain himself. He
said that because of all of his work in promoting (his "documentary") An
Inconvenient Truth that he had acquired enough "carbon offset credits"
many times over to justify using that much electricity produced by coal
fired generators! Go figure...
I recently attended a "webinar"
regarding carbon credits for municipalities (urban forestry perspective)
and it does not take one long to recognize the "angle" that is being
taken in this issue. Like many things, "follow the money trail" and you
can often find the real agenda by some. Based on past correspondence, I
know you see it too.
Steve Springer
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