The EU's Emission Trading Scheme, launched in 2005 under British Prime Minister Tony Blair's drive to combat climate change, created a trade in carbon allowances. A government minister has promised the next phase will be a big improvement, but the BBC maintains it’s just “a permit to pollute.”
Under the plan, power generators received their allowances free of charge but were allowed to reflect the value of those in increased prices to customers, as if the companies had actually had to buy the allowances.
Energywatch, a consumer group, says this increased electricity bills by about 7% in 2005. According to one UK government estimate, that delivered windfall profits of up to £1.3bn to the generators. So far the carbon scheme has brought no clear payback in terms of cutting emissions.
Democracy is utterly dependent upon an electorate that is accurately informed. In promoting climate change denial (and often denying their responsibility for doing so) industry has done more than endanger the environment. It has undermined democracy.
There is a vast difference between putting forth a point of view, honestly held, and intentionally sowing the seeds of confusion. Free speech does not include the right to deceive. Deception is not a point of view. And the right to disagree does not include a right to intentionally subvert the public awareness.
This post is the second of a two part series. Read the first installment, Unreported Emissions From Natural Gas Blow Up BC's Climate Action Plan.
Methane leaks from British Columbia's natural gas industry are likely at least 7 times greater than official numbers increasing the entire provinces' carbon footprint by nearly 25%. That's like putting 3 million more vehicles on BC's roads.
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