----- Original Message ----- 
From: "Michael Tobis" <[EMAIL PROTECTED]>
Newsgroups: gmane.science.general.global-change
Sent: Saturday, August 12, 2006 10:27 AM
Subject: [Global Change: 492] Blair/Schwarzenegger global warming pact


>
> http://abcnews.go.com/US/print?id=2259855
>
> OK it's a pretty thin article about a pretty thin agreement, but
> California's position on this matter, especially given that it has a
> Republican administration, is becoming rather interesting.

http://www.chicagoclimatex.com/

It would be interesting to see large corporations take leadership away from 
large governments (and large Governors).  Personally, I think the concept is 
most appropriate when the market spans developed and developing countries, 
where most of the new coal plants are being built: exchanging developed 
countries' capital for credits from new nuclear plants in developing 
countries would facilitate a least-cost global emission reduction. 
Nevertheless, early experiments will produce valuable data to establish 
regulated international markets with truly global reach.

-dl 



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