Carbon trust program is full of susceptible holes

There will always be people who try to take advantage of something they shouldn’t, writes Keith Sketchley

Jordan Bateman exposes an example of the foolishness of carbon credits in his Aug. 3 guest column “Carbon Trust has run its course.”

Apropos his point that such schemes would be rejected in a free market, the Chicago climate exchange collapsed (but Al Gore made millions from it before then).

There will always be people who try to take advantage of something they shouldn’t.

Europe’s carbon credit trading schemes were scammed, in one case the U.K. government had to force the price of something to zero to plug a loophole among laws that would have cost taxpayers huge sums. European governments lost billions trying to prop up carbon trading.

The risk is especially high with an irrational theme such as the blame-humans-for-climate-variation scam.

A few decades ago many Canadians were hurt by low quality installation in the government-promoted foam-in-place insulation business.

Today governments and private investors are losing money from investments in solar and wind power, as they failed to recognize limited life of equipment and the need to accommodate the varying output of those sources of energy (expensive energy storage schemes are needed).

Will voters put a stop to the nonsense in forthcoming elections?

Keith Sketchley, Saanich

 

 

Just Posted

West Shore resident, local officer encourages women to take control of their safety

Kris Greffard is posting short videos with safety tips for women using local trails and parks

Point Ellice House exhibit offers new lens into colonial history

The new ‘Politics of luxury’ display studies the wealthy O’Reilly family from several angles

Police and Indigenous communities pull together in 10-day canoe journey

Victoria Police Department, Ministry of Children and Family Development took part in Pulling Together Canoe Journey

Nearly a dozen coonhound puppies and their mother to reunite at Saanich park

Dogs’ former foster family initiated one-year reunion plans

Trio brings roller skating fever to Greater Victoria

Roller Skate Victoria offers workshops, summer camps and more

Rich the Vegan scoots across Canada for the animals

Rich Adams is riding his push scooter across Canada to bring awareness to the dog meat trade in Asia

Recall: Certain Pacific oysters may pose threat of paralytic shellfish poisoning

Consumers urged to either return affected packages or throw them out

How a Kamloops-born man helped put us on the moon

Jim Chamberlin did troubleshooting for the Apollo program, which led to its success

Sexual harassment complaints soaring amid ‘frat boy culture’ in Canada’s airline industry

‘It’s a #MeToo dumpster fire…and it’s exhausting for survivors’

How much do you know about the moon?

To mark the 50th anniversary of the first lunar landing, see how well you know space

POLL: Do you carry reusable shopping bags?

While a court ruling determined the City of Victoria’s plastic bag ban… Continue reading

Greater Victoria wanted list for the week of July 16

Greater Victoria Crime Stoppers is seeking the public’s help in locating the… Continue reading

Body, burning truck found near northern B.C. town

RCMP unsure if the two separate discoveries are related

Couple found dead along northern B.C. highway in double homicide

Woman from the U.S. and man from Australia found dead near Liard Hot Springs

Most Read