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About Me
- Arthurian Legend
- Age: 29
- Location: People's Republic of Islington arthurian.legend@yahoo.co.uk
Arthurian Legend's Reading and Viewing List
- 18 Doughty Street
- Angels in Marble (Hatfield Girl)
- Better Off Out
- Boris Johnson
- Brian Micklethwait
- Burning Our Money
- Conservative Home
- Croydonian
- Daily Ablution
- Daniel Hannan
- Devil's Kitchen
- Dizzy Thinks
- EU Referendum
- EU Serf
- Guido Fawkes
- Iain Dale's Diary
- IP Kat
- Is there more to life than shoes?
- Islington Conservatives
- Islington Newmania
- Istanbul Tory
- Jacob Gaffney's Interwined
- John Redwood's Diary
- Justin Hinchcliffe
- Libertarian Alliance
- Mr Eugenides
- Nadine Dorries' Blog
- NHS Blog Doctor
- PC Copperfield
- PragueTory
- Rachel from North London
- Samizdata
- Stephen Pollard
- Suz Blog
- The Freedom Association
- The Welfare State We're In
- Tim Worstall
- Tory Radio
- What ho, Proles!
Blog Archive
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2007
(72)
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March
(23)
- Gabb gets Medieval on Kruger's Ass
- Nott for Broadcast
- More on the Marines
- Appleyard on Guido
- Following on...
- Quote of the Day
- Hitch-in-bitch-slap
- Party like its 1957
- Thogger
- Chairman fails to rise to the Challenge
- Private Healthcare
- Mad mad mad
- Putting their size twelves all over your cash
- Will the last person to leave Britain please turn ...
- Another Islington Landmark
- Maggie's Classic Hits
- David Cameron Plays The Field
- Grand Designs
- The Countryside at Christmas
- Recycling and the environment
- Cameron's fox: Shot!
- Polls and Polling (1)
- Polls and Polling (2)
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March
(23)
6 comments:
The EU has huge ambitions in the field of environmental policy. The EU also manages to be massively incompetent in this field. To give one example, the EU's Emissions Trading System (ETS) is failing on a spectacular scale, as demonstrated by an excellent Open Europe study "The High Price of Hot Air", published in September. It shows that massive anomalies in initial allocations of carbon credits have created vast and unjust imbalances. Because Germany and other continental countries were generous with allocations, British companies will be spending £500 million a year for the next three years merely to buy permits from the continent -- without any probable impact on emissions. It has been calculated that NHS trusts will spend around £5 million over that period to buy credits, while both Shell and BP can each expect to make around £50 million by selling permits. As Neil O'Brien of Open Europe remarked "Only an EU environment scheme could have the effect of taking money from the NHS and giving it to big oil companies".
Brilliant IstanbulTory!
Millipede was on R4 the other day trying to defend the scheme, saying in his typical nulabour way how it was great that the Givernment got involved in this thing in the first place (after several hundred millions wasted) but how "we" now had to reform the system (thus undermining his first assertion.
Really, he should have been crucified, but somehow the full wrath of the interviewer just didn't descend in a way that would have finished him off. And so he lives to fight another day.
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