Shanghaiist: What you already knew: Shanghai is sinking

megreenyou

Sat, 22 Nov 2008 01:41:05 +0800

For the present as well as future generations, we have a compelling need to reduce the weight of greenhouse gases. There are many people with the means to invest in carbon sinks in order to reduce atmospheric concentrations of CO2. This makes it possible to achieve the essential effort of becoming carbon positive. The U.S. generates for almost 1/4 of the global greenhouse gas (GHG) emissions. However, to present, federal restrictions have not yet been placed on GHG emissions. There have been initiatives introduced for embryonic carbon trading markets. The Regional Greenhouse Gas Initiative (RGGI) is an obligatory system for reducing carbon emissions from U.S. power plants in the states of New York, New Jersey, Delaware, Maine, Connecticut, Maryland, New Hampshire, and Vermont. Caps will go in effect in 2009 and emissions trading will be a key component of the structure. In California, the Global Warming Solutions Act of 2006 mandates the creation of a multi-industry structure to reduce GHG emissions in California to 1990 levels by 2020. It appears that emissions trading will be a component of the system that may be linked with the European Union Greenhouse Gas Emission Trading Scheme (EU ETS). In January 2005, the EU ETS commenced operation as the largest multi nation, multi-industry greenhouse gas emission trading system in the world. The global warming problem is discussed fully at http://www.onebiosphere.com/ and the environmental forum is found at http://www.onebiosphere.com/forum/ In the U.S., which lacks a binding federal carbon trading system, the private Chicago Climate Exchange that is owned by Climate Exchange plc is attempting to create a voluntary carbon exchange for North American and Brazil by utilizing independent verification to allow institutions and individuals to trade carbon reduction credits.

megreenyou

Sat, 22 Nov 2008 01:40:46 +0800

taihanasie

Wed, 08 Oct 2008 16:40:39 +0800

Buck, that would be a long wall. Have you seen those websites where you punch in the number of metres of sea level rise to see what would be under water? Seven metres would put all of Shanghai (not just the city area) and a large corner of Jiangxi under water. As for Tianjin... well lets just say that Beijing will become a coastal city. But think how surreal Shanghai will look. It will go from being the "Paris of the Orient" to being the "Venice of the Orient".

Buck Rogerz

Tue, 07 Oct 2008 16:40:33 +0800

So we'll have sea walls. It will be awesome!

shopgirl

Tue, 07 Oct 2008 15:35:26 +0800

:'(

Bisa

Tue, 07 Oct 2008 14:10:30 +0800

McCain's cap and trade is flawed, he would actually give away a % of the allowances for free...this makes no sense. He also supports 100% of required emission reductions to be achieved through offsets; i.e. if you got the money just buy your way out of emission reductions...bs...

orangeking

Tue, 07 Oct 2008 13:38:43 +0800

glad you got "drill,baby,drill" right you did it at least better than Biden However,what's the relevance here?the quote made you appear informed and smart? come on,the Greens even John McCain supports "cap and trade"