Carbon prices plunged yesterday in the aftermath of the Copenhagen conference on climate change, dealing a blow to the credibility of the European Union’s carbon-trading scheme.
[…]
Carbon traders blamed the price fall on the Copenhagen conference, which produced an accord among the world’s biggest developed and developing countries to limit their greenhouse gas emissions, but omitted details on what those limits would be. Governments now have a month to submit formal pledges on how far they will reduce their carbon output.
“This [accord] is a very disappointing outcome,” said Trevor Sikorski, director at Barclays Capital. “I see nothing here that should drive investment in low-carbon technology.” He said that it was “bearish for the market and bearish for the world”.
SDA gets results!
John Charest, for that is his real name, has been dipped in Quebec handout politics for too long, truly a Mulroney liberal in hiding his true colours come out. give back 10 years of Alberta transfer payment John/Jean , put your money where your big mouth is.
http://www.ctv.ca/servlet/ArticleNews/story/CTVNews/20091222/charest_harper_091222/20091222?hub=TopStoriesV2
cal2:
I think it is about time that Harper gave the transfer payment to PQ a heavy massage. The way that Charest acts, they don`t deserve $8.5 BILLION of our tax dollars for all their damn social programs the rest of Canada can`t afford! It is time to cut them off the Federal teat! If they don`t like it, leave!
Oz:
Trevor Sikorski, director at Barclays Capital, doesn’t believe that the profit motive alone would drive private investment in low carbon technology.
That doesn’t bode well for people who claim that electric cars and bikes or hybrids would exist based on a natural market for them does it?
Wow.. a bank director makes a pronouncement, and we’re all supposed to fall on our knees in supplication?
As I’ve posted here repeatedly, my e-bike uses about 1 kWh daily. That’s about 8 cents in Ontario. A single York Region transit ticket is $2.60. They allow unlimited transfers within two hours, so the cost of a trip to my grocery store is only $2.60. But my e-bike is faster, more convenient, and less expensive. If you have any mathematical skills, Oz, please explain to me why spending less than 3 cents per trip doesn’t create a “natural market”.
KevinB:
You truly are the greatest, superiorest than the rest of us.
syf:
Huh? I have never, ever suggested I’m better than anyone or that I’m morally superior.
I’m human like everybody else.
Fall on our knees in supplication, KevinB?
Only in your fevered imagination, drama queen.
Is your “E”-bike a product of taxes having been used to serve a Leftwing political agenda or not?
I say it is and so does Trevor Sikorski.
If Trevor Sikorski, director at Barclays Capital, says that there is no natural market for investment in this area without government coercion then he is talking about his area of expertise.
Suck it up.
You are screaming in the face of reality.
I don’t care how good you think you look in your spandex and bike helmet, you look like a penis-on-wheels pinko parasite to me.
You ride your “E”-bike on my tax dollar on roads built with my tax dollar.
Do you pay for a licence, insurance, and registration to drive your “E”-bike on the roads that are built and maintained with my tax dollar?
I think the answer is NO.
So tell me, KevinB, how are the bike riding conditions today in snowy York region?
I bet there were so many “E”-bike riders out there today you creamed your spandex just viewing the rapidly exploding market right before your starry eyes!
Your “E”-bike was researched, produced, and brought to market courtesy of Leftist WarmMongering with money misappropriated from me based on a lie created by the IPCC and East Anglia CRU.
If you have any mathematical skills, Oz, please explain to me why spending less than 3 cents per trip doesn’t create a “natural market”.
~KevinB
Your “unlimited transfers” are all subsidized KevinB.
There isn’t a mass transit system in the world that doesn’t run in the red financially.
Tell me, KevinB, do you really think that if 50% of the population were dependent on your Union operated mass transit system that the prices you speak of would hold up or that even the system could bear it?
How much money needs to be pumped into beefing up the electrical grid to recharge electric vehicles if every household has one or three?
That would be the electrical grid that crashed all along the North Eastern seaboard and up in to your area of Ontario in 2003 cutting power off for 10 million people in Ontario I’m talking about here.
Since Ontario is a have-not province now I suppose you think it’s OK to rape Alberta’s petro dollars once again to finance the pet projects of Eastern losers like you.
Sure, as it stands now it’s a good deal for you.
But ever parasite says the same thing about their way of life.
I’m glad there is no natural market for such crap, no thanks to your boosterism I might add.
I hope you enjoy your $0.03 rides and unlimited transfers courtesy of my Alberta, parasite.
what is the capital cost of your ebike?
and what is the depreciation per km. that is your true cost.
I have driven to every coast of NA, and every coast of Europe and Australia. I could not have done it on an ebike.
I have driven to every coast of NA…
Tell me, cal2, how was your bicycle tour to the Arctic Ocean coast?
Did you have to carry a rifle to fight off the polar bears or did you just outrun them with furious adrenaline charged peddling?
I could see how it couldn’t be done on an “E”-bike.
Nowhere to plug it in and recharge, eh.
(8^D-
driven , no ebike…….
SUV, gas powered in every case. Jerry Cans on top and used more than once.
I am a carbon producer and carbon burner in every way.
Sorry KevinB, but no body cares that you ride a bike, and some find your smugness a little patronizing. I know you’ll deny the “smug” factor but consider that the person with BO often is the only one that is unaware of the stench.
Watch “Smug Alert” episode 141 of South Park and you’ll see what I’m saying.
Ahhh…
Where do you people get off?
Oz:
I hope you enjoy your $0.03 rides and unlimited transfers courtesy of my Alberta, parasite.
Last time I looked, Ontario doesn’t import a single KWH of electricity from Alberta, you stupid f**ing moron. Don’t call me a parasite, you idiot.
Indiana:
Smug? Smug> SMUG?!/b>
I ride a bike, yes. Do I think that makes me better, superior, or morally better than anyone? Not a chance, and I’ve never said anything to the contrary. Your fantasies to the contrary notwithstanding.
methinks Ontario has some gas burners driving some turbines and some coal fired gen sets.
coal in Ontario? would be harder to find than gas.
Last time I looked, Ontario doesn’t import a single KWH of electricity from Alberta.
~KevinB
Everthing that have-not Ontario gives to it’s people for free is paid for by Alberta.
Everything.
Only a Lefty parasite like you, KevinB, can’t understand the concept.