European Tribune - Comments - Fuck this for a lark

Fuck this for a lark | 101 comments (101 topical, 0 editorial, 0 hidden)

There is no downside per se.

But the upside is unfairly shared as between the developers/ financiers and Joe Public, making an already unfair split even worse.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky

by ChrisCook (cojockathotmaildotcom) on Fri May 25th, 2007 at 06:29:21 AM EST
[ Parent ]

Actually (none / 1)

to continue on being obstinately earnest and tight in this thread, Joe Public gets most of the benefit of these projects, as they save carbon emissions and pollution. Those not being priced, the developers get little of that 'saving' to them, whereas the public does get a real benefit.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Fri May 25th, 2007 at 07:03:00 AM EST
[ Parent ]

You? (none / 1)

Obstinately earnest and tight?

Nah...

Bush is a symptom, not the disease.

by Migeru (migeru at eurotrib dot com) on Fri May 25th, 2007 at 07:04:54 AM EST
[ Parent ]

Re: Actually (none / 0)

My point, as you well know, is that because financing is "deficit-based" far more of the benefits of these projects are enclosed and captured by the generally parasitical City and Wall Street money making machines than should be the case.

There is no reason why 40 to 50% of energy produced by these schemes should not constitute an "energy dividend" to Joe Public.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky

by ChrisCook (cojockathotmaildotcom) on Fri May 25th, 2007 at 07:44:21 AM EST
[ Parent ]

Fuck this for a lark | 101 comments (101 topical, 0 editorial, 0 hidden)

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