Allgemein

Fix CO2 trading the Soros way

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One big issue is that CO2 pollution certificates (from the Kyoto protocol) are far too cheap. They do not reflect the cost of removing the excess CO2 from the atmosphere to get back into the “safe zone” beyond 350ppm (IPPC). If we know the price is way too low there should be an incentive to trade CO2 certificates long. We should also lobby governments participating in the CO2 trade not to release any more free certificates but start buying back those already issued.

Please comment ways to capture CO2 – and if available what the current cost (and a projected marginal cost) may be. Just to get a feeling about the direct cost of CO2 emissions (before accounting for cost of climate disruption) is.