Sunday, Feb 21, 2010
This will ship jobs overseas, thus increasing pollution.
Sunday Times: Firms not ready for name-and-shame carbon table
After seeing one of our greatest steel mills lost, funded partly by almost £1bn tax payer "carbon credits" for ceasing production, sending our jobs overseas, up comes a further assault on British manufacturing. Government admit that carbon monitoring is not possible, that systems are not in place, but all firms using more than £500k of electricity, i.e. the ones that matter, must, in just 40 days, provide details of consumption. "About two-thirds of businesses are totally unprepared”. Fines of up to £250,000 will be suffered and the most productive businesses that use most energy will be forced to pay companies that do not produce, & consume less energy.
Posted by freemanphil @ 10:59 AM (737 views) Add Comment
24 Comments
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1. freemanphil said...
Re-wind to the steel mill scam, where Tata were paid almost £100million to shut down one of our best steel mills via carbon credits. That is a sugar coating to a policy that will destroy jobs and increase pollution, because we all know that India has poor environmental standards.
World Net Daily: "U.N. climate chief cashes in on carbon
Tied to conglomerate that stands to make hundreds of millions in emissions scheme"
The Tata Group headquartered in Mumbai anticipates receiving windfall profits of up to nearly $2 billion from closing the Corus Redcar steelmaking plant in Britain, with about half of the savings expected to result from cashing in on carbon credits granted the steelmaker by the European Union under the EU's emissions-trading scheme.
The Corus-owned 7.5 million allowances are estimated at up to $650 million; the company also anticipates "saving" 6 million tons of carbon dioxide by closing the plant and not producing the plant's capacity of 3 million tons of steel. The 6 million tons of carbon dioxide is worth an estimated $130 million at current rates and possibly as much as $325 million at expected market levels.
2. freemanphil said...
Oops, sorry, they got £1bn of our money for shipping out our jobs. But OK, sure, go back and watch the football match. Vent that "masculinity".
3. icarus said...
£ hundreds of millions for Tata in carbon credits alone from moving from Redcar to India - with no net carbon saving. Conspiracy or cockup?
4. enuii said...
Law of unintended consequences in a complicated and politically frigged up world.
5. alan_540 said...
Carbon credits have nothing to do with carbon and everything to do with resource rationing.
6. icarus said...
£ hundreds of millions for Tata in carbon credits alone from moving from Redcar to India - with no net resource saving.
7. a saver said...
Doesn't India have plenty of pollution of its own?
8. mark wadsworth said...
Good to highlight that Corus story again, it is a tragedy and an outrage. I suspect conspiracy actually (Pachauri had some sort of very indirect financial interest in them there carbon permits).
As to reporting usage, it is a pathetic idea of course, but don't businesses have electricity meters like everybody else? Can't they just send their leccy bills to the fresh new quango and ask them to work it out themselves?
9. mr g said...
Whilst I accept that industry was responsible for horrendous pollution in the past, this hounding of manufacturing is nothing new.
I dealt with the Environment Agency on behalf of my employer from 1996 to 2001, the bureaucracy involved was unbelievable and the financial outlay on equipment demanded by the EA nothing short of scandalous when you consider the minimal amount of pollution that the firm created.
As a direct consequence of the cost involved, we went out of business leading to the loss of 200 jobs but then ordinary people's livelihood's don't matter to the environmental elitists.
10. letthemfall said...
Still is horrendous pollution - even more so abroad. There is nothing "elitist" about looking after the environment. Companies have to pay the cost of environmental damage they cause; as it is they do not pay it all.
11. freemanphil said...
This is what happens. Here is a story about how a high percentage of Californian coastal area farms have been shut down, because irrigation was turned off to protect a minnow, but the pumps had been running since the 1960's, and many of these a third generation farms. Please don't tell me that this isn't economic warfare. The bankers want states like California on their knees so they accept more centralization of control and take on more debt:
12. freemanphil said...
Let them fall. British factories are among the cleanest in the world. The Southampton oil refinery IS the world's cleanest. All this is based on the BELIEF that carbon is a toxin, and Brown knew this subsidy sent the factory abroad. They were paid to ship OUR jobs overseas. And you do mental gymnastics and doublethink justifying this crap that excuses itself for environmental policy? Corporations lobbied for these laws because they want production where standards are lower, so as to save them money.
13. freemanphil said...
"Law of unintended consequences" - But even a toddler could spot the impact, and, the main article here shows that they are accelerating the program. Maybe you will stop being such a pussy about this when you can't put food on the table, when you have to go to government food banks for GMO corn.
14. freemanphil said...
UKIP Godfrey Bloom MEP - Man made Global Warming is a myth!
15. icarus said...
a saver @7 - Yes, India has plenty of pollution of its own - but get this: Tata will get extra carbon credits for being RELATIVELY clean within Indian industry. It wasn't so relatively clean in the cleaner UK.
16. Icarus said...
....another reason for offshoring.
17. icarus said...
....another reason for offshoring.
18. freemanphil said...
Icarus. I don't mind India taking our jobs if they can do a better job and save up money to do it. But what I do mind, is Brown, traitor, giving Indian firms our money to take our jobs. This is global socialism, and it is EVIL theft.
Do you understand how hard people worked to produce that £1bn? Do you understand the holidays not had, the birthday presents put off, the children not born, the nice meals out avoided. The hours of drudgery, the destruction of family life because we all have to work full time now. We are slaves now to giving Indians jobs. Do you understand what £1billion means? We could eliminate income tax for those on minimum wage. Do you understand how treacherous this is? Do any of you men have testicles?
19. icarus said...
FMP - no, none of us understands what you understand.
20. enuii said...
Freemanphil, are you a closet american pretending to be a Brit?
21. enuii said...
Freemanphil, is this you; http://freemanphil.wordpress.com/long-live-our-republic/
22. freemanphil said...
No, it isn't me on that blog, and, I have an American girlfriend. I've given up on UK politicians with the exception of some of what UKIP say, and see hope in the American Libertarian movement.
23. letthemfall said...
freemanphil "British factories are among the cleanest in the world. The Southampton oil refinery IS the world's cleanest. All this is based on the BELIEF that carbon is a toxin, and Brown knew this subsidy sent the factory abroad. They were paid to ship OUR jobs overseas. And you do mental gymnastics and doublethink justifying this crap that excuses itself for environmental policy?"
You may well be right about UK factories (compared to some of the ghastly stuff foisted upon the 3rd world), but there is still plenty of pollution in this country. But for you to accuse me of mental gymnastics is very funny, although in comparison to your unerring and rigid focus, I think we are all gymnasts here.
24. nomad said...
Thursday's Question Time came from the north east on the day that the steel works closed. There were some very passionate and knowledgeable people in the audience and the panel would have got themselves up to speed on the subject.
Yet, unless I missed it, there was not a single reference to carbon credits. The arguments all centred around the viability, or not, of the factory. This is a puzzle.