If climate realism is so bad for trade, why is the EU carbon price doing so well?
There is a boom in renewable energy and electric cars, and the trading price of carbon permits is rising steadily.
So what’s not to like about the new green economy? Dont you want your nieces and nephews to get good jobs in the new green industries? Should we sit back and let China grab the low hanging fruit?
EU carbon prices tip 13 eur/t, ignore issuances
http://www.reuters.com/article/idUSTRE61L3ZB20100224?feedType=RSS&feedName=GCA-GreenBusiness&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FUSgreenbusinessNews+(News+%2F+US+%2F+Green+Business)
Not only that, but the European economies are doing okay – certainly no worse than the USA’s. The Euro is has been kicking the dollar’s butt for years.
http://finance.yahoo.com/q/bc?s=EURUSD=X&t=5y&l=on&z=l&q=l&c=
Forbes named Denmark “the best country in the world for business” for 2 straight years. Denmark has one of the strongest cap-and-trade commitments in the world — 20% below 1990 levels by 2008-2012. And it has a requirement that 20 percent of its overall energy mix be renewable by the end of 2011. And its efficiency measures are such that Energy Minister Connie Hedegaard said last year, “In 2025, (Denmark’s) total energy consumption will not have risen in 50 years.” And it’s the best country for business in the world.
http://www.forbes.com/2009/03/18/best-countries-for-business-bizcountries09-business-washington-best-countries.html
So we’re supposed to believe that a carbon cap and trade system will destroy the economy, yet a carbon cap and trade system in the EU isn’t destroying their economies. Huh. That seems like a clear contradiction to me. But surely deniers can’t be wrong about this, or they would be alarmists. But we all know deniers hate alarmists.
Perhaps deniers secretly suffer from self-loathing and that’s why they’re so cranky all the time?
