[ UPDATE : America might not actually, finally, do something – check the resistance dinosaurs. ]
We have waited long enough for serious action States-side on Global Warming.
The bankers (apparently largely Goldman Sachs and JP Morgan with lashings of Tony Blair) had their chance to talk up the idea of Carbon Trading. What a dead duck that turned out to be !
Carbon Taxation looks like it’s a non-starter with the global economy being a whisker from utter, utter, collapse.
The Clean Development Mechanism isn’t.
(Plus, the CDM hasn’t helped those it was principally promoted to help – Africa).
The global Biofuels targets are reducing rainforest to logpiles.
The Coal Kings have been pushing the idea of Carbon Capture and Storage for well over fifteen years and persuaded…no one.
The nightwalkers from the dark, radioactive side are still scaring people and luring them at the same time. If Iran wanting Nuclear Power was tricky enough, now Saudi Arabia, UAE and Kuwait want it too, and I don’t expect the international dialogue tightrope act to get any easier.
The Congress and the Senate have seen filibuster and deal-breaking and lobbyist handshakes in dark corridors and reneging in bars.
But, at long last, it seems like Barack Obama is going to do what he hinted at, and regulate the bottom line out of Carbon Dioxide emissions, regardless of whether there’s any elected representatives passing bills :-
