Tuesday, July 22, 2008

Who's looking after the future?


The government have a strange way of protecting the people or country, we have approximately five years to buy a hybrid car and install a solar hot water system on our roof. Just how are the people that are struggling to pay their mortgage going to get the extra money, not forgetting the obscene increases on water, gas and power.

We're asked to cut our usage of gas and power because industry are having a hard time, I find that hypocritical when it comes to our utilities the public pay top dollar yet big industry pay a pittance. Why is government subsidising industry in gas, power and water so they will invest and pollute our country?

Large emitters who export much of their products and send profits off shore, such as Alcoa aluminium smelters, will be almost totally exempted from the ETS from the outset.These emissions-intensive trade-exposed companies will be given free trade carbon permits to cover 90% of their emissions. How is that cutting the carbon output?

WWF Greg Bourne said "handing Alcoa 90% of permits to pollute for free, sent a shocking message" on the importance of reducing carbon emissions. In all 20% of the scheme's permits will be free, rising to 30% once agriculture is included. For those not emitting quite as much will be given free permits to cover 60% of their pollution.

The cement and lime producers and integrated steel and silicon smelters as well as Alcoa's aluminium smelters , are the very industries that should enforce carbon credits not carrying on about pulling their investments. They should be investing in the future .

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