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13 comments on The Bullroarer - Thursday 4th September 2008
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13 comments on The Bullroarer - Thursday 4th September 2008
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Sounds like a politician. Needs to be seen to be doing something so he makes a committement to providing funding to develop ideas. I think that all the Aussie TOD crew should bid for the funding, meet up in Tasmania, drink their grog, eat their food, harrass their women and then tell them Kiashus idea!
I also have this brilliant idea for carbon sequestration.
DON'T
DIG
UP
AND
BURN
FOSSIL
FUELS
Coal, oil and natural gas kept the carbon in them quite well for hundreds of millions years until we started digging up and burning them at a stupid rate. Just look at the tar sands in Canada - that lot really doesn't want to be burned!
It's like that old racist and anti-racist joke, "how do you stop a black man from drowning? Take your foot off his neck." Which applies a lot to how we treat Aboriginals and our relations with the Third World, but that's another story...
Lets call it PREQUESTRATION
I like it!
Is there a business plan here?
Suppose you own a marginal fossil fuel resource. You know that... but you would play it to the market differently.
What if you were allowed to earn a once off fee from uncertain "forgone" extraction from proven reserves?
Granted, globally the bulk of the remaining fossil fuel might still be extracted... but the perception of availability would be altered.
This might provide further incentive for alternatives.
I'm just speculating here late at night...
After all, sequestration schemes are not going to work without a subsidy or carbon price.