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  • EU Seeks to Link Carbon Market with U.S.

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    Platts
    January 28, 2009

    The EU may seek to create a joint carbon market with the US if that country creates a cap-and-trade system, according to a draft EU strategy paper set for official release Wednesday.

    In addition to linking the EU Emissions Trading Scheme with a potential future US carbon trading system, the EU would also set up "bilateral processes" with other national or regional cap-and-trade programs with a focus on tie-ups with Organization for Economic Cooperation and Development nations, the draft strategy paper said.

    "The EU has gained first mover experience in setting up the EU ETS as the world’s largest cap-and-trade system. There is a rapidly growing interest and adoption of legislation on this in a number of OECD countries. Complementary to the work on the Copenhagen agreement, the EU should seek to build, by 2015, a robust OECD-wide carbon market through the linking of comparable cap-and-trade systems," the draft strategy paper said.

    "This market is to be further expanded to all major emitting countries by 2020. The EU should actively share experience and seek coordination on crucial system design issues."

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    The draft document — which represents a picture of the European Commission’s negotiating goals going into UN-led climate talks taking place in Copenhagen in December — also proposes that the EU push for a Eur175 billion (US$230 billion) increase in developed nation funding of any global warming mitigation goals agreed at the UN talks.

    The plan would include an additional Eur30 billion to help developing nations adapt to the effects of climate change, the draft document said.

    Financing for the increase in funding would come from a "polluter pays" tax on developed nations for every metric ton of CO2 that they emit with the price of CO2 starting at Eur1/mt and gradually rising to Eur3/mt in an effort to generate Eur13 billion by 2013 and Eur28 billion by 2020 if all the major developed nations agree, according to the draft document.

    The European Commission also said in the draft document that the UN’s Clean Development Mechanism "should be reformed" at the Copenhagen talks so that it only encourages the development of carbon offset generating projects that "go beyond low-cost or win-win options" to create demonstrable greenhouse gas emission reductions.

    In December 2008, EU leaders approved an ambitious climate-change action plan that the 27-member state bloc hopes will become a model for international negotiations in Copenhagen.

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    Comment Rules

    29 Responses to “EU Seeks to Link Carbon Market with U.S.”

    1. cornelius Says:

      Please don’t reduce the vital gas that keeps the plant life and our food production growing. “Remember, the more CO2, the better our crops will flourish”

    2. Ken Says:

      They can start with stopping the chemtrails that are killing the planet.

      The Hidden Agenda Reply:

      It’s all a part of the hidden agenda. We all sit here and get so furious at what is going on but what can we do? We can warn people, raise the awareness, stand together against all of it! Defend Freedom! If we unite we can gain back our rights, our freedoms, our civil liberties. Say no to One World Government! I send everyone that doesn’t know about the New World Order to http://www.warnthepeople.org . Explains it all plain and simple.

      However you spread the word, let’s just do this thing and reclaim our Freedom, our Government, our Sovereignty and demand we be heard. We all have families, let’s ensure a future for them right here and right now. Failure is not an option!

    3. John Henke Says:

      SCAM! SCAM! SCAM! Does anyone need more proof that the world is run by a bunch of thieving sociopaths?

      It is no coincidence that all of this global warming garbage started about the time the Soviet Union ended. They needed a new “war”, a new “enemy” for us to be afraid of. A new excuse for us to allow them to rob us.

      Fight back! Don’t buy anything. Make what you need as much as you can, and give as little support to these criminals as humanly possible.

    4. jackboots Says:

      another financial racket to rob us!

      cut back on fossil fuels by introducing energy saving measures

    5. zeefrog Says:

      WE NEED TO DEMONSTRATE AGAINST CHEMTRAILS ….!!!!!!!!!!!!!!!
      THE NWO WILL FUCKING LOOSE THIS FIGHT……I GARANTY YOU……………!!!!!!!!!!

      lest drop everything we do and riot ………WHY GOING TO WORK ?? TO PUT MORE MONEY INTO BANKS THATS USED AGAINST US…………….COME ON

    6. Sovereignty Soldier Says:

      What a sham. They think they can ram their fairytales down our throats. There is no global warming and we will not pay for a global government through carbon taxes. We ARE sovereign, and the queen and all her little troops need to remember we beat their ass once and we will do it again.

    7. Sovereignty Soldier Says:

      Take their money away. Claim EXEMPT. If millions did this in unison, what could they do. We need to think about where we will flee to make a stand. I have heard numerous patriots talk about Idaho. I think that is where I will go. That or Wa. state. Food to hunt, plenty of water, plenty of woods to hide in.

      TheGhost Reply:

      hey man new mexico is a good place too, especially the northwester part of the state, plenty of mountains, lakes and forests, lots to eat, good cover with no cell phone coverage.. 505 baby

    8. Social Viability Says:

      Doing what governments do best:

      Politicians present problems to the public, e.g. global warming, war on terror, rampant drub abuse, etc. These problems are invented by those that own the politicians – the lobbyists and campaign donors. The problems are invented so that they can sell a solution.

      The government then drafts legislation and hands out lucrative government contracts so that the problem can be handled (at a steep price) by those that own the politicians.

      It is one of the best rackets going around.

      Criminals run your society and all you have to do to dissolve their power is to stop using their money. The money is the control mechanism that keeps all of us economically enslaved. When we stop using the currency that they supply to us, the Federal Reserve will dissolve and the politicians they employ will be out of a job.

      Don’t fight the system:
      Replace it
      http://socialviability.com/

    9. Sam Adams Says:

      I refuse to pay tax on cow farts!

    10. nutball88 Says:

      if the carbon dioxide and methane was a problem what about cutting down rainforests and lumber v/s growing hemp to build houses, tax those people, and the hamburger eaters, not the hamburger growers. if global warming was real a carbon tax is still dumb and pointless, what does the atmosphere responde to large amounts of currency? people are brain dead, wake them all up now.

      OzzyKen Reply:

      I think the tax is a brilliant way to control the climate.

      If it gets warmer, the gov. can turn up the tax to cool it down. On the other hand, if it gets cooler, they can increase the tax, since its doing such a good job.

      Plus, ultimately. The money generated can always be said to be allocated (at some indefinite time in the future) to fight an obstreperous climate, which threatens to move in either direction, if the tax dollars weren’t available to our superiors as their means to control it.

    11. RockyHorror Says:

      i lost my job back in july.
      anyone want to buy some carbon credits?

    12. nutball88 Says:

      information is the war ender, because eventually the truth will seep into the view of the very souls that practice anti-christ-like acts. or anti-buddha or anti-mahammed or whoever didn’t worship evil and chaos and desert wind, like Set (egyptian satan). 40 years in the desert to raise a new generation of happy compliant socialable people, a front.

    13. P R O P A G A N D A W E R K S Says:

      When they reach the point where they can tax us for breathing, the green movement will be complete. Green… the new tool of control.

      http://propagandawerks.blogspot.com

    14. nutball88 Says:

      The Green Movement is not this, propagandawerks, it has been highjacked, like jews are not evil, the leaders have highjacked earh, The green movement is ment to make the earth a priority, including the animal homo sapien…. this information war is the war ender, because eventually the truth will seep into the view of the very souls that practice anti-christ-like acts. or anti-buddha or anti-mahammed or whoever didn’t worship evil and chaos and desert wind, like Set (egyptian satan). 40 years in the desert to raise a new generation of happy compliant socialable people, a front that doesn’t know it is a front. jews are chosen, chosen to be reaped like wheat by their own unknown leaders agenda who have moved all over the globe in different affiliations over time.

      neon Reply:

      green is red. wake up.

    15. Tomas Estrada-Palma Says:

      Well here’s what Al Gore has to say on the topic:

      http://artedetomas.blogspot.com/

    16. Black Sheep Says:

      Though I don’t really see single instances as evidence for global warming, I find this to be an interesting counter to the “record cold this year” comments made in the past: Australia right now is experiencing the hottest weather in 100 years, melbourne is at 107 today…

      Honestly I don’t buy the carbon tax as a realistic solution. Yes a tax on nitrates and sulfates being emitted by coal plants, cars and the steel industry did work, but it was because it was much easier to reduce those particular emissions and still maintain production. The level of emissions reduction necessary to actually cause things to turn around within a couple centuries is much greater than we will control through this tax. Also allowing wallstreet and big government to trade in something else imaginary is just stupid.

    17. REB Says:

      Anybody care to look outside in the Northern Hemisphere? Its record cold all over the place,its also the top of summer in Austrailia so its gonna be hot. Also even in the Southern hemisphere mant areas are below normal in their temps,Algore and his marxist liars are simply shilling for the UN and the global elite to get more control,what will happen when you recieve a tax bill from the UN for global warming with the IRS enforcing it so the UN can build a world police state where liberty is a dirty word?
      Even if this BS warming were true there are better answers to it than killing liberty,maybe like real free market solutions? Time to see this evirokook project for what it is, apowergrab, plain and simple!

      Black Sheep Reply:

      I think mentioning australia counts as outside the northern hemisphere…yep summer is hot in australia but hottest in 100 years? Saying summer is hot is like saying winter is cold. And two years ago in the upper midwest it was at least 10 degrees colder than this year.

    18. McBama Says:

      On oil based capitalism and overpopulation is what killing us, the evil NWO elites love to kill the ecosystem, they don’t care.
      If smog is vissible by the human eye how can human activity not causing global warming.
      Ofcourse the elites their oil based system is the problem, the elites are the problem. Obama will not start to produce hitec electric cars and airplanes on hydrogen, the elite only wants him to tell the cattle so the cattle stay calm.

    19. jeny79 Says:

      Кошмар. Только что смотрел новости просто волоы поднимаются, как же жить будем если цена на нефть так упала. В бюджет заложили одни цифры и доходы, теперь видим другие. Интересно на сколько хватит нам нашего “стабилизационного фонда” с таким подходом. Сорри, что я так близенько к теме. Но это тоже важно, как мне кажется.

    20. Norbert Says:

      http://scienceandpublicpolicy......rrors.html

      Check it out!!

      It’s all proven to be bull.
      We are gonna be taxed for absolute bull shit.

      Have a nice day

    21. Alex Says:

      You can find an exclusive video of an interview between Alex Jones and KRS-One after a concert at – http://jones.shoutpost.com/463.....ial-topics

    22. George S Says:

      This population control shoe is finally dropping. Reminds me of “End Game”. 2nd time I heard this, this week. Keep up the good work.

      http://women.timesonline.co.uk.....627634.ece

    23. TuMyP Says:

      Да написано неплохо, неужели так бывает. Как интересно, только вчера эту тему перетирала с подругой сидя на кухне с рюмочкой коньяка.

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