"Carbon (Dioxide) trading is now the fastest growing commodities market on earth.....And here’s the great thing about it. Unlike traditional commodities markets, which will eventually involve delivery to someone in physical form, the carbon (dioxide) market is based on lack of delivery of an invisible substance to no-one. Since the market revolves around creating carbon (dioxide) credits, or finding carbon (dioxide) reduction projects whose benefits can then be sold to those with a surplus of emissions, it is entirely intangible." (Telegraph)
Friday, 13 July 2012
Liberal Media & How It Works: Coal is Bad, Except When it’s Socialist and Subsidised.
"So, according to the liberal media, coal is evil, destroying the planet, and any moves to cut coal production would be welcomed and celebrated right? Well, not quite. When the EPA, under the Obama administration makes it “nearly impossible” to build new coal power plants, that’s a good thing according to The Guardian. But look at the response when Spain’s new centre-right administration recently announced cuts to subsidies for coal production in a socialist area of Spain. When a right wing administration wants to cut subsidies for coal production, the outcome, apparently, is very different: ..."
"..So. I hope this helps to explain how liberal media works, and helps clarify the party position on coal: when it’s affecting Republican voters in places like West Virginia, then it’s an evil fossil fuel that is being corruptly sanctioned by big money interests. It must be stamped out. But when it affects socialist voting areas of Europe, and it’s a right-wing administration cutting subsidies, then pity the unborn grandchildren, the weeping elderly and the heroic miners who will “starve” on the streets because those evil capitalists won’t fund coal.
I hope that’s all perfectly clear now."