tigersnake said:In a nutshell rosy its charging people to pollute the air. Currently polluting the air is free. Which is why we are producing to much air pollution which is changing the earth's climate. Governments globally are moving towards various mechanisms which charge people to pollute. Dirty technologies like brown coal will have to buy a heap of pollution permits, cleaner techs like gas will have to buy less, solar will have to buy none, etc.. Net result will be pollution will reduce over time as the good old market kicks in.
When you boils it down, its pretty basic. And whether you are for or against it comes down to the question: should profit making businesses be allowed to pollute the air for free?
willo said:I wonder how much tax the average householder will be up for to pay for it. Big business will always pass on any hike to the consumer ie us.
Tiger74 said:If they've emitted more greenhouse gas than they have permission to they need to buy more permits from someone else who has some left over.
"If you can't reduce your greenhouse gas emissions cheaply you'll probably buy a permit from somebody else," explains Rupert.
TigerForce said:Do you really think this is going to stop emissions in the long run? Sounds more like a game to me.
tigersnake said:What do you think the stock market is? Futures, derivatives, projection etc etc. Indeed the capitalist market system is a humungus game force field, which is why the ETS has been designed the way it has.
TigerForce said:Do you really think this is going to stop emissions in the long run?
TigerForce said:So as the whole point is to phase down emissions in the long run, the market capitalization reduces every year?
Do we believe this?
TigerForce said:So as the whole point is to phase down emissions in the long run, the market capitalization reduces every year?
Do we believe this?
rosy23 said:What exactly does it entail and what are the pros and cons in PREnders opinions?
TigerForce said:So as the whole point is to phase down emissions in the long run, the market capitalization reduces every year?
Do we believe this?
Tiger74 said:For FMCG's however, where units moved per annum are in the millions, the reductions in weight and reductions in per unit costs save millions per annum - again raising margins. Was involved with one major company who did this really well, and it gave us a great cost advantage over our competitors.
This has seen FMCG companies move away from certain materials and packaging formats to those that make more financial benefit for them.
Tiger74 said:The idea of an ETS or any carbon tax is it forces companies to get creative to see how they can minimize carbon use materials/actions, or find alternatives so that they can get a cost advantage over their competitors.
TigerForce said:Reductions in weight such as e.g. McCains French Fries who sell virtually 500 gram of fries from a 750 gram pack? ;D
Old mechanistic companies will be hard to push.
Tiger74 said:last point is a good one, and they lose as a result.
I knew the guys I worked with reviewed packaging dimensions to maximize units per pallet. Then they worked closely with the packaging companies to improve design of outer corrugated boards to minimize weight and cost. Then they redesigned on shelf packaging to minimize pointless board use (i.e. switch from a 6 sided box to a 4 sided wrap).
They even reviewed raw material arrangements, pushing suppliers to move to bulk or reusable delivery units to again reduce waste and costs.
All minor changes, but total effect saved a bucket of money
TigerForce said:What about companies producing durable goods?
Tiger74 said:timber industry actually argue one interesting point though. For a wood product that is not disposed of (i.e. not paper, but a timber house or table), that product is actually a carbon sink. Because the carbon is stored in the "table" and is not broken down and released until burnt or decomposed, technically it can be argued a wooden table is preventing a carbon release.
TigerForce said:I wonder if it's to do with my council refusing to pick up 3 old garage wooden doors we don't need. I suppose gas heaters would have to be looked at also, even considering my cousin still uses a 1983 Rinnai which is really warm during winter but only because the thermo broke and is now producing less than 5 ppms of carbon monoxide into the air.