Environmental future
There’s an article in yesterday’s Sunday Telegraph which highlights the ways people are making money out of climate change, called “Guilt-edged profits”- as if this in itself is a bad thing. Personally i have no problem of people making money if the scheme works- unfortunately many of them don’t reduce the problem- offsetting and the ETS don’t work.
And it looks like some in the government have realised this, if we are to believe the policy paper leaked to the Daily Mail over the weekend, and the move towards green taxes. It also looks like the UK government might even sort out the ETS by expanding the use of auctioning- something we’re very supportive of.
Now that Al Gore’s going to advise the Government, I think he’ll also press for the uptake of CSS- he stresses in The Inconvenient Truth how important it is and that “we’ll be hearing loads about that soon”.
Whether this all amounts to more spin, we’ll have to wait and find out. What is certain is that the government has been under pressure to do something, especially when all the opposition parties have promised to introduce green taxes.