Monday, March 9, 2009

COP15 Copenhagen 2009

COP15 Copenhagen
Copenhagen will host the COP15 UN Summit in 2009 which is set up to deliver a new binding global climate agreement that will apply to the post-Kyoto period after 2012.

Hopefully, the United States will get up to speed with the rest of the developed world. We are the biggest consumers of energy in the world, and we cant seem to take the lead in curbing carbon emissions. We need to create a cap and trade market, and move away from the inconsisten tax credits. The Federal Government needs to create mandatory laws that will secure the long term prospect of renewable energy. After talking to solar and wind developers, I find that their biggest complaint is finding capital for their business. No one trusts the ebbs and flows of the US government. Eight years from now, many of these renewable energy developers could be in a losing game.

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