--- In FairfieldLife@yahoogroups.com, [EMAIL PROTECTED] wrote: > > > In a message dated 7/5/06 12:06:43 P.M. Central Daylight Time, > [EMAIL PROTECTED] writes: > > And some countries,India and > China for example, may not wish to pay the price premium for this > newer technology, even for new plants. > > > > Mexico also. I had family living in El Paso in the 80's and they said the > pollution from Mexican coal burning plants in Juarez was stifling. > Of course, in the 80's everything was dirty. This current relevant question is whether new plants going on line NOW going to use the available (and more costly) scrubbers and sequesters.
And when energy is priced to reflect its full social and explicit cost, high polluting existing plants will be retired early (too expensive to pay for offsets) and new efficient low pollution ones will be built in their place. And Kyoto is a huge step in that direction. By both requiring reductions to below 1990 levels, AND allowing trading of carbon credits, it helps enable a market price for carbon. Which, next step, can be directly incorporated into the price of gas, as and when oil suppliers are required to pay for carbon offsets. Then we get three great things: 1) carbon emissions are fixed at below 1990 levels 2) a market price is set for carbon and set into the ened-use price of gas and all fuels 3) the above correct price signal will reduce consumption and promote investment energy efficiency at all levels -- builidngs, homes, industrial processses and transporetation. Why people are bashing Kyoto is almost incomprehensible -- other than they know little of what they speak. ------------------------ Yahoo! Groups Sponsor --------------------~--> Yahoo! Groups gets a make over. See the new email design. http://us.click.yahoo.com/XISQkA/lOaOAA/yQLSAA/UlWolB/TM --------------------------------------------------------------------~-> To subscribe, send a message to: [EMAIL PROTECTED] Or go to: http://groups.yahoo.com/group/FairfieldLife/ and click 'Join This Group!' Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/FairfieldLife/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
