Shell calls for EXPANSION of cap and trade!

[jmdrake]

For those who believe that big oil funds the "deniers". This global warming crap plays right into the hands of the very people the environmentalists claim to be against.

http://royaldutchshellplc.com/2009/1...-co2-programs/

Royal Dutch Shell plc .com Rotating Header Image
Shell Calls for Global Expansion of Cap-and-Trade CO2 Programs
Nov 13th, 2009
by John Donovan.

By Eduard Gismatullin

Nov. 13 (Bloomberg) — Royal Dutch Shell Plc, Europe’s largest oil producer, said regional mechanisms to reduce carbon dioxide output should be expanded into a global cap-and-trade system to ensure more companies are forced to curb emissions.

“We need cap-and-trade mechanisms to come up in more parts of the world; we need these mechanisms to be linked to each other,” Ranjit Prasad, global head of CO2 trading at Shell International Transport & Trading, said in a video posted on the company’s Web site. “We need project-based mechanisms for those parts of the world where we don’t have mandatory caps.”

Under cap-and-trade programs, emitters are permitted to release a certain quantity of polluting gases and are allotted permits for that amount, which can be bought and sold as required. The European Trading Scheme, mandatory for heavy industry and power generators, is the world’s largest such system. There are also voluntary cap-and-trade programs such as the one operated by the Chicago Climate Exchange.

Shell and BP Plc are among companies supporting cap-and- trade. Industries that aren’t subject to obligatory emissions limits must commit to curbing their carbon output, Prasad said.

Almost 200 countries are due to gather in Copenhagen next month to hammer out the terms of a climate accord to replace the Kyoto Protocol, whose targets expire in 2012.

[devil21]

Read between the lines and the motivation becomes clear.

More regulations and expansion of Cap and Trade to include smaller companies will hurt Shell's smaller competitiors more than it will hurt Shell. Shell can pass on the costs to the consumer much easier than the little guys can. Shell (and I suspect Exxon, et al) come out as the ONLY oil companies capable of functioning under the heavy burden, thus driving the others out of business.

[dannno]

Thanks OP, I appreciate this.

If anybody wants to read (and/or participate) in a lengthy debate on a very popular website for a publication that has received numerous national journalism awards, here it is (see comments):


http://www.independent.com/news/2009...se-copenhagen/

[Brian4Liberty]

Maybe Shell knows something about how carbon credits will be distributed...

Plus, the bonus of putting their smaller competitors out of business.

[AuH20]

Isn't this Queen Beatrix's company? No shocker.

[Michigan11]

Read between the lines and the motivation becomes clear.

More regulations and expansion of Cap and Trade to include smaller companies will hurt Shell's smaller competitiors more than it will hurt Shell. Shell can pass on the costs to the consumer much easier than the little guys can. Shell (and I suspect Exxon, et al) come out as the ONLY oil companies capable of functioning under the heavy burden, thus driving the others out of business.

Exactly what I've been trying to tell others I know about regulations in business overall, it always helps out the largest corporations and gets rid of competition.

[sofia]

Quuen Beatrix of Holland is a regular Bilderberg attendee.

Shell is her company. Little guys will go under while the Shells and Exxons get more power....just like the banking crisis.

[dannno]

Quuen Beatrix of Holland is a regular Bilderberg attendee.

Shell is her company. Little guys will go under while the Shells and Exxons get more power....just like the banking crisis.

In case you were wondering where the symbol came from...

[paulpwns]

In case you were wondering where the symbol came from...

\

Ill never give you grief again. This post is hilarious!

[jkr]

they are figuring out thematerial potential of rapidly renewablr resources

the three r's, i like it

AND ITS MINE

TM
copyright
prior art
whAT ELse? lets play the IP game!

[Dianne]

Just like Bitchlosi's plan to shout down hecklers as "yes... those are insurance companies" ... when in-fact, they are giving their ardent supporters (more leeches) the insurance companies free reign to rape all of us.

My got... these are disgusting people. How the hell did God create people like Harry Reid, Nancy Pelosi, Barak Obama... George Bush.... Bill Clinton ?

There is a point in my life which is now, that I have to ask that question "God, Why Have you Forsaken Us?"

[LibertyEagle]

There is a point in my life which is now, that I have to ask that question "God, Why Have you Forsaken Us?"

Maybe the reverse should be asked.

[revolutionary8]

In case you were wondering where the symbol came from...

Blimp!

[Austrian Econ Disciple]

No $#@! the big companies are for Cap and Trade. It's going to run out all their competitors.

[Austrian Econ Disciple]

Just like Bitchlosi's plan to shout down hecklers as "yes... those are insurance companies" ... when in-fact, they are giving their ardent supporters (more leeches) the insurance companies free reign to rape all of us.

My got... these are disgusting people. How the hell did God create people like Harry Reid, Nancy Pelosi, Barak Obama... George Bush.... Bill Clinton ?

There is a point in my life which is now, that I have to ask that question "God, Why Have you Forsaken Us?"

This has been going on for thousands of years.