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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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GAIA Host Collective
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.