Upcoming Events

National | Irish Social Forum

no events match your query!

New Events

National

no events posted in last week

Blog Feeds

Public Inquiry
Interested in maladministration. Estd. 2005

offsite link Catholic Church: Dark influence still active

offsite link Tom Parlon launches new career in comedy Anthony

offsite link Presumption of innocence does not universally apply in Ireland Anthony

offsite link The poor standard of Irish political journalism Anthony

offsite link RTE bias: A failure of objective journalism Anthony

Public Inquiry >>

The Saker
A bird's eye view of the vineyard

offsite link ?Rock ?n roll is dead!? ?Yellow Vests are dead!? ? uncool Western reporting Tue Jul 16, 2019 03:03 | The Saker
by Ramin Mazaheri for The Saker Blog I?m not a huge Pink Floyd fan, but everyone else in the West apparently is ? the album The Dark Side of the

offsite link Reza Pahlavi sells himself at a 98% discount to MBS? propaganda channel Tue Jul 16, 2019 02:59 | The Saker
by Ramin Mazaheri for The Saker Blog (cross-posted with PressTV by permission) (Ramin Mazaheri is the chief correspondent in Paris for PressTV and has lived in France since 2009. He

offsite link We need a moderator, please help! Mon Jul 15, 2019 12:12 | admin-herb
Dear friends, Our moderator Michael has recently left us. We need someone to help us cover his hours. M-F (5days) 3:00pm-6:00pm (GMT) ( 11am – 2:00pm eastern NY time daylight

offsite link Turkey Will Get a Chunk of Syria: An Advantage of Being in NATO Sun Jul 14, 2019 06:30 | The Saker
by Eric Zuesse for The Saker Blog The success of Turkey?s takeover of Syria?s most pro-jihadist province, Idlib, is making less and less likely that Syria will be able to

offsite link Disproportionality As Schizoaffective Disorder Sat Jul 13, 2019 08:00 | The Saker
by Denis A. Conroy for The Saker Blog It appears that the information revolution is redefining cultural aspirations at a time when mass production has become a concave-convex supernova offering

The Saker >>

Human Rights in Ireland
A Blog About Human Rights

offsite link China?s LGBT Community Mon Apr 15, 2019 19:19 | Human Rights

offsite link Declaration of Human Rights at Sea Mon Apr 08, 2019 07:31 | Human Rights

offsite link NZ Watchdog On Limits Of Free Speech Thu Mar 28, 2019 11:44 | Human Rights

offsite link US Abortion Restrictions Violating The Human Rights Of Women Thu Mar 14, 2019 15:33 | Human Rights

offsite link Human Rights Watch Urges the Human Rights Council to Renew and Strengthen Mandate of UN Commission Tue Mar 12, 2019 21:51 | Human Rights

Human Rights in Ireland >>

Cedar Lounge
For lefties too stubborn to quit

offsite link The world of workers: Job Stress 10:29 Mon Jul 15, 2019 | WorldbyStorm

offsite link Discrimination ? some new figures to analyse 09:30 Mon Jul 15, 2019 | Tomboktu

offsite link Left Archive: ?Leaders? Handbook? for Workers Party Youth, 1987 06:47 Mon Jul 15, 2019 | WorldbyStorm

offsite link Noise to information? 11:11 Sun Jul 14, 2019 | WorldbyStorm

offsite link Sunday and the Week?s Media Stupid Statements 08:24 Sun Jul 14, 2019 | guestposter

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 13:38author address author phone Report 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.

 
© 2001-2019 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