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Technology Stocks : FCL - FuelCell Energy

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To: nic who wrote (72)11/28/1997 4:37:00 PM
From: Zeuspaul  Read Replies (2) of 407
 
I see several dangers arising from the climate control meeting

1. Nation vs Nation as they maneuver to maintain their competitive position.

2. It is unenforceable. One nation will say that they have reduced their CO2 by 90 percent even though they may not have reduced it at all. They will argue that they have removed CO2 so they are entitled to put it back. The next nation will argue that they have set aside land to grow something that they did not grow before and are hence removing CO2 and are entitled to replace the CO2 that they removed. One nation will indicate that the US eats too much meat and we have more cows than we normally would have if we ate the proper amount of meat (as determined by an international group of dietitians) and that subsidies should therefor be cut. Another nation will argue that subsidies for soybeans should be cut back as they may contribute to global warming but it is not certain yet as the methane production from this source has not yet been measured, but that it is better to be safe than sorry. ( are dairy cows included and do we exclude religious cows?)

3. The scientific community will lose credibility (has already) as they band together and mislead the general public. The 90 percent reduction in net CO2 emissions is interpreted by any lay person as a 90 percent reduction in emissions. This is in my opinion clearly lends itself to misinterpretation and should not be endorsed by the scientific community. What other lies are told in the name of the environment?

4. How does one account the nuclear reductions in CO2. If one nation chooses to minimize nuclear power as they see potential harm from this source of power to be a greater danger than a potential danger from CO2 emissions what is the allowed credit?

5. There is time to study the issue. The capabilities of the scientific community are expanding rapidly with better satellite and earth based computer technologies.
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