04/11/2012 69 Comments
CARB recently held a conference in San Francisco to help academics, policy-makers and business people navigate the changing landscape of carbon markets: “Navigating the American Carbon World.”
Mary Nichols, chair of the California Air Resources Board is California and the states top air regulator has to make carbon trading a reality. In her remarks to the carbon conference, she signaled to the participants there are a lot complexities ahead. Details at KQED Climate Watch:
“There’s a lot of uncertainties out there,” she told the audience of several hundred. “I don’t want to say I feel sorry for the oil companies, because they’re doing pretty well, thank you,” she said. “But I would say that, you know, if I were in the utility business, I would be giving a lot of thought to what my business was going to look like.”
If I were a business that relies on power from utility companies I would start worrying about what my business was going to look like when the utility company passes AB-32 carbon fees on to my business. I would be looking around for a more business friendly state – Texas maybe?
Nichols also acknowledged that while there are real economic benefits to California being a leader, there’s no guarantee that other governments will follow its example. Currently no other state (in the U.S.) is. And on Capitol Hill, cap-and-trade is a non-starter.
“If by 2020 we don’t have a government in the United States — and I would say a government in Canada as well — that have stepped up to the plate and adopted some form of national commitment to reduction of greenhouse gases, and joined in some sort of an international program to accomplish this goal, then I would say our claims of leadership are not all that they were cracked up to be,” Nichols said.
California’s first carbon permit auction is scheduled for November, with a practice run in August.
If I were Mary Nichols, I would start worrying about all those other states and Canada who are going to be reassess climate change, as there has been no AGW or any warming for the last 15 years, and noted NASA Astronauts, Engineers and Scientist are calling for NASA/GISS to abandon their climate models and return to the real world of science.
It is clear to anyone with an open mind that the climate models based on CO2 amplification are not valid. CO2 is increasing while temperatures are falling. The AGW myth has been overcome by reality!