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The Next Energy Profit Bubble
Energy Generators stand to Gain an estimated €71 billion profit from Emissions Trading

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To FirstMistake.org, the conservation site dedicated to calling "BS" on any spurious "Green" initiatives and the site that calls for REAL environmental action, such as reducing our energy consumption.  And as for the bad science associated with "climate change"...... 


From the Financial Times 07 April 2008.  The Next "Green Exploitation of the people is on the horizon...

Carbon trading to profit generators

By Fiona Harvey

Published: April 7 2008 03:00 | Last updated: April 7 2008 03:00

Power generators across five European countries are likely to reap €71bn ($112bn, £56bn) in windfall profits in the next four years as a result of the European Union's emissions trading scheme, according to a report.

Power companies are given most of their permits to emit carbon dioxide for free, but can pass on to consumers the notional cost of having to buy the allowances. According to the report, commissioned by the green campaigning group WWF from the carbon market analyst company Point Carbon, the resulting windfall profits to power companies in the UK, Germany, Spain, Italy and Poland would reach €71bn over the second phase of the scheme, from 2008 to 2012, if the price of permits reached €32 per tonne. It is currently about €23.

Fiona Harvey, London


The Real View of the Public on Wind Plants 

FirstMistake ask - Why do we allow a bunch of Spaniards to ruin our Gàidhlig Heritage by spoiling our country side and Callanish?

Why don't we have one at Stone Henge? Or would that spoil English Heritage's Revenue?

Written Question asked of the responsible minister in the Scottish Executive
 
Subject: RE: Objections - figures

LEWIS WIND FARM

Shiona Baird (North East Scotland) (Green): To ask the Scottish Executive how many representations it received in respect of the Lewis Wind Power application for a wind farm on Lewis (a) during the formal consultation period and (b) in total and, of these, how many were (i) in support of and (ii)Callanish opposed to the application.

Allan Wilson: In addition to the Lewis Wind Power application, there were two addenda submitted by the developer. These attracted 10,234 representations in total, up to the last consultation date of 5 February 2007 An overall total of 11,456 representations have been received so far, including 1,222 representations received after the 5 February deadline.

From the total number of representations received, 59 were recorded in support and 11,397 against the development.
 In percentage terms that is 0.51768% for
and  99.4849%Against.
So much for Spanish Democracy.  We should not be surprised, after all until a couple of decades ago Spain was a fascist dictatorship.  FirstMistake supposes that some habits die hard.
MODx - Mollio