Real Div Ltd

Quote: "This is the best book ever written on the danger of losing money and human lives from potential disaster. These disasters are expected from the build-up of atmospheric pollution, mostly CO2, caused by burning fossil fuels, ie oil, gas and coal. Fred Krupp and Miriam Horn’s best idea is to create an “emissions-cap-trading-system” [ECTS].  ECTS would channel money toward reducing pollution, by establishing a standard measure of the rate of pollution, for every firm. Then, any firm that emits less pollution than their previously established standard could claim a free credit, which they could then sell on.  Firms that kept on emitting pollution, over their previously established standard, would have their bank accounts automatically debited. Of course, they could compensate their loss, at least to some extent, by purchasing another firm’s credits."

The idea (which Real Div Ltd [RTD] has named ECTS and others call cap and trade) has 1) caught on in Europe, 2) been stalled in Washington, then 3) resurrected in the Western USA and Canada.  Whatever success capitalism has had in allocating resources to investors and firms capable of intelligent use of money has made a total cropper in dealing with Global Warming.  ECTS is the only way of removing the dead hand of federal politicians and company executives strangling any change in the disastrous policies of the last two centuries.  From the Federal Politicians and Company Executives Union [FPCEU], with the sole exception of resisting filibusters as uneccessary, the only other actual action has been massive television campaigns to convince (ie lull) the public that their fate is in the good hands of the fossil fuel magnates. The only possible benefit of the FPCEU policy would be to postpone their dismissal enough years to die before they could be made accountable for their, and everybody else's, disaster.

It is absolutely certain that ECTS is necessary, and urgent, to be put into effect quickly, to have a reasonable chance of a significant delay in disaster. Without this delay, nothing else will succeed. Also other, specific, actions are also absolutely necessary, and urgent. 

The only: 1) other, 2) clearly defined, 3) organized, 4) coherent (and probably the most important), 5) set of additional actions are proposed by RDL, in the attached pages, listed on the upper left column of this page and also on all the other attached pages. Other proposals discussed in these pages are judged to be: 1) ineffective, 2) too expensive, 3) take too long, 4) have unacceptable side effects, 5) do not address human risk of deaths and injuries, or 6) all of the above. The totally unacceptable members of option 6) are: 1) building thousands of nuclear power plants (for all the above reasons), and 2) hydrogen powered cars (for all of the above), but not necessarily to the same degree.