«I am an energy engineer and I know something
about electricity trading and I know enough about carbon trading and the inaccuracies of carbon trading to know that carbon trading is more about fraud than it is about anything else,» Leland said.
Not exact matches
She mused
about legal challenges and economic measures, particularly on
electricity trade.
For utilities like Florida Power & Light, the
electricity utility that serves
about half of the state's 20 million residents along the southern coasts and has 90 percent of its customers within 20 miles of the coast, putting power lines underground increases risks of flood damage, so the move would only
trade one hazard for another.
If you don't like
trading electricity, go and build your fancy nuclear power stations, but then don't complain
about wholesale prices of 15ct / kWh and more.
Interestingly, beyond this, despite considerable rhetoric
about moving beyond debates
about carbon - pricing, the report recommends that in order to avoid adding to the Federal debt, it would be necessary to impose new taxes, including increased royalties for oil and gas extraction, a tax on imported oil, a tax on
electricity sales, and a «very small carbon price» (presumably from a modest carbon tax or unambitious cap - and -
trade system).
As New England and the upper Midwest states have imposed cap - and -
trade schemes or renewable energy mandates,
electricity imports from Canada have doubled to
about 1.6 % of American
electricity consumption.
Some speculate
about a grand bargain in which carbon taxes replace carbon regulations — everything from the EPA's greenhouse gas emission standards to California's cap - and -
trade program to State - level renewable
electricity mandates.