cyberclark

Cap-and-Trade: The Only Alternative to EPA's Power Grab?

I think cap and trade is little more than a farce allowing companies to move money around and avoid taxes!

Consider most of the captured CO2 now is going down hole to act as a solvent to get otherwise hard to obtain crude out of the strata. Most of this same carbon dioxide comes back to the surface again saturated into the oil to be released when the pressure is off or, it comes up ahead of the oil.

In Weyburn Sask where they are using the carbon captured in North Dakota, it is reported the sound of the carbon dioxide escaping is like a jet plane taking off and it persists for hours on end!

There are plans to inject it into the lower toxic water aquifers which to my mind is a good plan and one we should support.

However I do not see taxpayers funding the oil patch for their solvents!

Being seen as doing something will not cut it!

Today in Commodities: Thursday, July 2

There is no other industry output at this time in Canada except Oil and Electricity!

Coal gasification has a future yes but the amount of capital to install it is almost out of reach and the time to build is nearly as extensive as the pyramids!

Carbon trade is a risk like no other. There is no product, no central controls. If the carbon was being sequestered it may be a banking item but it is not. Carbon is being used to enhance oil recovery and news out now that it may also be used in cleaning nuclear waste. Point is, it is going nowhere but back into the air.

What Do Gold-to-Oil and Gold-to-Silver Ratios Say?

Who would put coke in Johnny Walkers?