Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : The Environmentalist Thread -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (32052)	2/4/2011 1:54:42 PM
From: Maurice Winn	1 Recommendation Read Replies (1) \| Respond to of 36917

China has the money. Leave it to them to deflect the asteroid. They have already shown they can intercept a satellite. They also have 4 times as many people so have a large incentive to deflect it. In the case of CO2, China is the main problem, burning vast amounts of coal now and building new thermal stations by the dozen. For an asteroid, leave it up to Bill Gates, Warren Buffett, Richard Branson and others with loads of money who are keen to save the world. The government would miss the target and accidentally hit Earth or not be ready to launch until too late. Mqurice

To: Wharf Rat who wrote (32052)	2/4/2011 2:38:53 PM
From: average joe	Read Replies (1) \| Respond to of 36917

Obama added. “I think Americans deserve better.” What about Americans that work at coal plants. What do they deserve Wharfy... "Let me sort of describe my overall policy. What I've said is that we would put a cap and trade system in place that is as aggressive, if not more aggressive, than anybody else's out there. I was the first to call for a 100% auction on the cap and trade system, which means that every unit of carbon or greenhouse gases emitted would be charged to the polluter. That will create a market in which whatever technologies are out there that are being presented, whatever power plants that are being built, that they would have to meet the rigors of that market and the ratcheted down caps that are being placed, imposed every year. So if somebody wants to build a coal-powered plant, they can; it's just that it will bankrupt them because they're going to be charged a huge sum for all that greenhouse gas that's being emitted. That will also generate billions of dollars that we can invest in solar, wind, biodiesel and other alternative energy approaches. The only thing I've said with respect to coal, I haven't been some coal booster. What I have said is that for us to take coal off the table as a (sic) ideological matter as opposed to saying if technology allows us to use coal in a clean way, we should pursue it. So if somebody wants to build a coal-powered plant, they can. It's just that it will bankrupt them." Pres. Obama