Upcoming Events

National | Irish Social Forum

no events match your query!

User Preferences

  • Language - en | ga
  • text size >>
  • make this your indymedia front page make this your indymedia front page

Blog Feeds

forward

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Editing letters to the Irish Times

offsite link Stephen Collins: An enemy of my country Anthony

offsite link Elaine Byrne: Suffering from chronic naivety Anthony

offsite link Free speech under state attack in Ireland Anthony

offsite link Denis O’Brien: Are the sharks moving in for the kill? Anthony

Public Inquiry >>

The Saker
A bird's eye view of the vineyard

offsite link Did the US Treasury, IRS just threaten Vatican Bank before Pope Francis meeting with Patriarch Kiril... Tue Feb 09, 2016 04:01 | Scott
Today, I want to tell you a huge secret. The deepest and the biggest Russian secret of all. The secret so profound that it will shake your entire being. Wait

offsite link International Military Review ? Syria, Feb. 8, 2016 Tue Feb 09, 2016 01:10 | The Saker
If you are having trouble viewing this video, go to the Youtube version at https://www.youtube.com/user/crimeanf...

offsite link Programming Chaos: The Arab Spring (book review) Tue Feb 09, 2016 01:00 | The Saker
by Mark Hackard for Soul of the East Thanks to an advantageous geographical position set between the world?s two major oceans, Americans have been in large measure immune to the

offsite link Paul Craig Roberts and Michael Hudson: Privatization Is the Atlanticist Strategy to Attack Russia Mon Feb 08, 2016 14:23 | The Saker
NOTE: Readers are asking to know who, in addition to the Western-financed NGOs, are the Fifth Columnists inside Russia. Michael Hudson and I left the description general as Atlanticist Integrationists

offsite link The Latin America SITREP February 2016, by Jack Mon Feb 08, 2016 13:23 | Scott
Contents: 1) Main events in Latin America in 2016: US elections, Pink Tide Fights Back? (Venezuela, Argentina, Brazil) Peace in Colombian? Cuba: in from the Cold and OAS v CELAC

The Saker >>

Human Rights in Ireland
www.humanrights.ie

offsite link THE SPECIAL CRIMINAL COURT, THE IRISH GENERAL ELECTION AND THE PROPOSED FRENCH CONSTITUTIONAL AMENDM... Mon Feb 08, 2016 13:03 | Ntina Tzouvala

offsite link Out on the Inside Thu Feb 04, 2016 06:00 | Sinead Ring

offsite link A&L Goodbody and Irish Refugee Council Asylum Law Award 2016 Wed Jan 27, 2016 08:46 | Liam Thornton

offsite link The Espaces Generation Climat and the domestication of public engagement Fri Jan 15, 2016 11:43 | Ntina Tzouvala

offsite link Reflections on climate action in the aftermath of Paris Tue Jan 12, 2016 13:17 | Ntina Tzouvala

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link After the Regency Hotel? 09:42 Tue Feb 09, 2016 | WorldbyStorm

offsite link A credible path to government? 02:56 Tue Feb 09, 2016 | WorldbyStorm

offsite link More election media 18:07 Mon Feb 08, 2016 | WorldbyStorm

offsite link February Socialist Voice from CPI 18:05 Mon Feb 08, 2016 | WorldbyStorm

offsite link Murky? the latest reports on the conflict? 14:21 Mon Feb 08, 2016 | WorldbyStorm

Cedar Lounge >>

Carbon Credits and Unemployment in Ireland

category national | irish social forum | press release author Friday August 01, 2014 12:51author by Mick MacThomais Report this post to the editors

Carbon Credits preventing job creation in Ireland

The average Iris person is presumed to create 17 tonnes of carbon a year. This is called our carbon footprint. Since the ratification of the Kyoto agreement by Ireland 2002 which seen quotas on carbon been produced,the value of the carbon credit has realised real wealth.

The average carbon credit in "laymans terms" trades on the open market for E20 per tonne. Companies with a big carbon production rate say 40,000 tonnes and a quota for only 10,000tonnes ,must purchase the deficit of carbon credits (30,000 tonnes) on the open market or invest in new carbon reducing machinery.

The race to the bottom in the cheap energy sector has seen a panic to create the desirable carbon credit from clubhouses and organizations "carpooling" to reducing their carbon footprint and cashing in ,to larger multi corporates installing energy saving lighting.

What has this to do with unemployment in Ireland you may ask?

Recent figures put the unemployment rate in Ireland at 12.5% 253,200 people. Each person has a carbon footprint of 17 tonnes and each tonne is worth E20.

So lets run the figures; 253,200 people unemployed x 17 tonnes carbon footprint = 4,304,400 tonnes of carbon (when working)

. Each tonne is worth an average of E20

4,304,400 x Euro 20 = E86,088,000

It is therefore more cost effective for companies requiring carbon credits to save 86 million euro in machinery costs changeover that it would be to invest in expansion of their labor sector.

Unemployment therefore creates a carbon market which business are more likely to capitalize on than in employing people ,giving them a wage and subsequently more consumer spending increasing their carbon footprint.

The Kyoto agreement must therefore be given a new language as its purpose is not to impoverish the people of the world but to enrich it ,however it is clearly lacking when it comes to the reality of the "Race to the bottom" and the scramble to create carbon credits.I have not include the prison population but the carbon futures market is looking bright there too!

Suspend Kyoto for a new language appropriate to the times. Contact your local TD to express concerns.

author by Fredpublication date Fri Aug 01, 2014 13:38Report this post to the editors

The atmosphere belongs to us all and not just big business so instead of the current system, they should give every person a carbon allowance rather than just giving one to corporations or businesses. These people could then reduce their footprint and sell their excess carbon allowance to companies thus bringing more money into the local economy from these companies and hence help to create employment there instead of just filling the coffers of rich investors and financiers yet again.

In other words let's socialise the broken cap n trade system and make it do something useful besides just lining the pockets of the rich.

 
© 2001-2016 Independent Media Centre Ireland. Unless otherwise stated by the author, all content is free for non-commercial reuse, reprint, and rebroadcast, on the net and elsewhere. Opinions are those of the contributors and are not necessarily endorsed by Independent Media Centre Ireland. Disclaimer | Privacy