Engineering News Blog

Engineering News

Latest news of interest to engineers. Sourced from GlobalSpec's Engineering News

Previous in Blog: If You Could Control Anything Via the Internet ...   Next in Blog: Demand for Europe Space Rethink
Close
Close
Close
4 comments
Rating: Comments: Nested

The (Very Profitable) Economics of Emissions

Posted April 16, 2008 8:35 AM

From mental_floss Blog:

For decades, Wall Street has seen environmentalism as a pest but no longer. With the emergence of emissions markets in America, manufacturers are turning greenhouse gases into cold, hard cash. In 1985, the rugged Colorado town of Telluride faced a nasty air-pollution problem created by the smoke from its wood-burning devices. To clear it away, city officials passed a clever ordinance. They handed out permits to all current stove and fireplace owners but declared that anyone installing a new stove or fireplace had to acquire two permits from preexisting owners first. And so, the market for trading permits was born. With every two-for-one transaction, the number of wood-burning devices decreased, as did the pollution. The town solved its environmental problem without fancy technology or harsh regulations, just pure and simple economics.

Read the whole article

Reply

Interested in this topic? By joining CR4 you can "subscribe" to
this discussion and receive notification when new comments are added.

"Almost" Good Answers:

Check out these comments that don't yet have enough votes to be "official" good answers and, if you agree with them, vote them!
Guru
New Zealand - Member - Interested in everything- see my Profile please APIX Pilot Plant Design Project - Member - Member Engineering Fields - Electrical Engineering - Member Engineering Fields - Power Engineering - Member Engineering Fields - Civil Engineering - Member Hobbies - Musician - Autoharp and Harmonica Hobbies - Hunting - Member Hobbies - Fishing - Member

Join Date: Nov 2007
Location: Christchurch, (The Garden City), South Island, New Zealand
Posts: 4395
Good Answers: 230
#1

Re: The (Very Profitable) Economics of Emissions

04/17/2008 7:47 AM

The whole emissions thing is useless.

Look at China and India, China in particular, which has overtaken the US as the most polluting nation on earth.

Are these countries going to stop pollution, never, so they say.

Meanwhile we in New Zealand are the idiots who first signed the Kyoto Protocol, an action which will result in people here out of work, and costing billions of $$$ over many years, far into the future.

Yes folks, we have been proctolysed = shafted.

Kind Regards....

__________________
"The number of inventions increases faster than the need for them at the time" - SparkY
Reply
Guru
Engineering Fields - Retired Engineers / Mentors - New Member

Join Date: Dec 2006
Location: Brecksville, OH
Posts: 1621
Good Answers: 18
#2
In reply to #1

Re: The (Very Profitable) Economics of Emissions

04/17/2008 9:08 AM

Never saw the term "proctolysed = shafted" before, but it is certainly apt. What surprises me most is that intelligent people havent woken up to the farce dumped on us by the "chicken little" crowd and hyped by the media. Same crowd as that lobbies against the US from developing the oil reserves in Alaska, when the world is being held hostage by high oil costs.

__________________
"Consensus Science got us into this mess, then why can't it get us out?" : Rephrase of Will Rogers Comment
Reply
Guru
New Zealand - Member - Interested in everything- see my Profile please APIX Pilot Plant Design Project - Member - Member Engineering Fields - Electrical Engineering - Member Engineering Fields - Power Engineering - Member Engineering Fields - Civil Engineering - Member Hobbies - Musician - Autoharp and Harmonica Hobbies - Hunting - Member Hobbies - Fishing - Member

Join Date: Nov 2007
Location: Christchurch, (The Garden City), South Island, New Zealand
Posts: 4395
Good Answers: 230
#3
In reply to #2

Re: The (Very Profitable) Economics of Emissions

04/17/2008 5:06 PM

Hello agua_doc

I just made up that word, because I thought the action needed a properly descriptive word.

Kind Regards....

__________________
"The number of inventions increases faster than the need for them at the time" - SparkY
Reply
Guru
Safety - Hazmat - New Member Safety - ESD - New Member Engineering Fields - Transportation Engineering - New Member Popular Science - Evolution - New Member Technical Fields - Procurement - New Member Hobbies - Target Shooting - New Member Popular Science - Cosmology - New Member Engineering Fields - Architectural Engineering - New Member Technical Fields - Marketing/Advertising - New Member Engineering Fields - Food Process Engineering - New Member

Join Date: Dec 2005
Location: Mariposa Ca
Posts: 5800
Good Answers: 114
#4
In reply to #1

Re: The (Very Profitable) Economics of Emissions

04/17/2008 10:59 PM

Globally, the whole emissions thing may be useless.

Locally in a place like Telluride [which sits in a valley] wood smoke can be thick enough to make your eyes burn.

I live in a very large valley which has an inversion layer much of the time. Woodsmoke is a big deal, when the logs burn, the asthmatics are hitting the emergency rooms.

Having efficent woodstoves, would be fine too.

Reply Score 1 for Good Answer
Reply to Blog Entry 4 comments

"Almost" Good Answers:

Check out these comments that don't yet have enough votes to be "official" good answers and, if you agree with them, vote them!
Copy to Clipboard

Users who posted comments:

agua_doc (1); Garthh (1); Sparkstation (2)

Previous in Blog: If You Could Control Anything Via the Internet ...   Next in Blog: Demand for Europe Space Rethink

Advertisement