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

Saanich crash victim leaves behind pregnant wife and young son

The death of a Saanich man has left behind a grieving widow,… Continue reading

Material spill slows traffic on Highway 1 near Victoria

You may experience heavier traffic than normal if you’re headed from Victoria… Continue reading

PACE concert raises $6,500 for Langford family

Cathy Shotton recently donated her kidney to her daughter, Nicki

Cigarette butts the main culprit in lagoon beach cleaup

Thousands of butts were picked up by the Greater Victoria Green team recently

VicPD officers hurt in separate weekend incidents

Both altercations involved aggressive individuals encountered by police

Flu could see greater transmission in 2017

Health asking the public to get their flu vaccinations leading into a flu season that could start early and affect many in 2017.

B.C. NDP convention set for Victoria

Premier, federal leader Jagmeet Singh to add energy

Silver Creek farm search expands north

RCMP were seen collecting evidence three kilometres north of the farm where human remains were found

Flu could see greater transmission in 2017

Health asking the public to get their flu vaccinations leading into a flu season that could start early and affect many in 2017.

Nanaimo man assaulted, tied up and robbed at his home

Incident occurred about 7 a.m. Monday, Oct. 23 at a home on Beverly Drive

B.C. school trustee calls LGBTQ school program ‘weapon of propaganda’

Chilliwack’s Barry Neufeld published the comments on his Facebook page

B.C. casino accused of illegal activity follows rules: operator

B.C. had launched review after concerns about money laundering at River Rock casino in Richmond

Opponents of LGBTQ program to file human rights complaint against Surrey School District

District denied Parents United Canada right to rent Bell Performing Arts Centre for rally next month

Red hot Vikes women to host playoff opener

UVic Vikes This Week: basketball season kicks off at home

Most Read