The price of European emission permits is rising so rapidly that German companies are threatening to leave the country. Thousands of jobs could be lost. And the environment may, in the end, be no better off.They sat silently through two lectures, but then they couldn’t control their anger any longer. The civil servants from the Environment Ministry, the Environment Agency and the German Emissions Trading Authority made it sound easy for industry to take up carbon trading. It was just too much for the managers to tolerate. “If that’s the shape the trading will take, we will simply move our cement operation to Ukraine,” a cement factory manager shouted into the lecture hall. “Then there won’t be any trading here, nothing will be produced here any more — the lights will simply go out here.”
We should take heed of what is happening with emissions trading in Europe because what happens there will be our fate as well if this country goes down the same path to economic suicide. In the absence of a global coverage it is inevitable that when faced with an unreasonable economic impediment to making a profit in one country from am energy intensive industry, for instance making cement, aluminium or steel that a company should just move to a place with less restrictions.
As i have said before Emissions Trading, in any form will only benefit shysters, Spivs, and the government. Now there is a report in the weekend Australian that suggests there will need to be a new bureaucracy and environmental police force (the Eco-Stasi) to administer Brother Number One’s Emissions trading regime, This new Eco-Stasi will intrude into every aspect of economic activity to measure the efficacy of the scheme . I wonder just how long it will be before people are arrested and jailed for the too frequent breaking of wind, with out the requisite emissions permits?
Hmm, Nothing is out of the question when a follower of the Green Religion is in the lodge…