InvestorsHub Logo

dupedbysteve

05/01/11 4:06 PM

#55080 RE: rockwfmc #55079

I think you are unaware because the kyoto accords were not signed in the usa that they are in effect throughout most of the industrial world. Most european companies are trading carbon credits with mostly underdeveloped nations companies to lower penalties.

the cork

05/01/11 4:37 PM

#55089 RE: rockwfmc #55079

Great post rockwfmc. SGCP's carbon credit efforts are undertaken with the understanding that a carbon credit program will be implemented world wide at a future date.

Sadly, the lack of US participation in this process is a stain on the national honor, and stands in stark contrast to scientific fact.

That lack of US resolve is in part what lead to the demise of the Chicago Carbon Credit exchange in 2010.

"Despite the consistent assertions of the United Nations-sponsored Intergovernmental Panel on Climate Change (IPCC) that human activities have had a "discernible" influence on the global climate and that global warming is a serious problem that must be addressed immediately, "he said/she said" reporting has allowed a small group of global warming skeptics to have their views greatly amplified."

These gloomy findings and dire predictions are not the offerings of a gaggle of fringe scientists with an addiction to the film Apocalypse Now. Rather, these forecasts are put forth by the IPCC, the largest, most reputable peer-reviewed body of climate-change scientists in history.

To the surprise of many, the George W. Bush administration released a report in late August 2004 stating that carbon-dioxide emissions and other heat-trapping greenhouse gases are the most plausible explanation for global warming. Contrary to previous presidential proclamations, the report indicated that rising temperatures in North America were attributable in part to human activity and that this was having detectable effects on animal and plant life. New York Times environment reporter Andrew Revkin (8/26/04) dubbed this "a striking shift in the way the Bush administration has portrayed the science of climate change."

Yet despite this recent report, the Bush administration did not flinch in its stance on the issue of global warming. It continued to spurn the Kyoto Protocol, oppose actions to reduce greenhouse gas emissions from automobiles and emphasize uncertainties in the underlying climate-change science, calling for more research before taking action to curb human contributions to warming (New York Times, 11/13/02). In fact, John H. Marburger, Bush's science adviser, said (Washington Post, 8/27/04) that the most recent report has "no implications for policy." Marburger asserted, "There is no discordance between this report and the president's position on climate."

So why has the United States government—from President George H.W. Bush to Bill Clinton to George W. Bush—been so reluctant to seriously address global warming? A number of factors have contributed to this spectacular inaction: the oil and coal industries' tanker-load of annual campaign contributions to national politicians, these industries' well-connected cadre of lobbyists working Capitol Hill with aplomb, the crucial disjuncture between a scientific community that deals in a language of uncertainty and probability and a political culture that barks "If it ain't certain, it ain't real," the Bush administration's long-standing relationship with the energy industries, and so on."

The article is dated, but the information is not. I Highly encourage folks to read it in it's entirety.

http://www.fair.org/index.php?page=1978