Pay more to emit
THE price of permits to emit carbon dioxide should be at least £85, about eight times the present price, if they are to meet their goal of getting big polluters to cut emissions, according to a government-sponsored study.
The findings, which will be published later this year by Chris Hope of Cambridge Universitys Judge Business School, will shock industry at a time when pollution permits under Europes Emissions Trading Scheme (ETS) are trading at about £11 per ton.
The government commissioned Hope to assess the effectiveness of the ETS, the system under which companies are set limits on the amount of carbon dioxide they can emit. Those that exceed their limits must buy permits from others who have come in below their quota.
Hope is expected to say that the ETS is deeply flawed and that carbon permits should cost at least £85. He will suggest that a green tax on top of the carbon price may be necessary.
Oil giants pull out
BIG OIL picked up the pace of its withdrawal from renewable energy last week when BP revealed that it was closing two solar-panel plants in Spain and part of another in America.
The cutbacks, which will result in 620 job losses, come only weeks after BP announced a 30% spending cut across the company, including at its renewables arm. Earlier this year it decided not to invest in the British wind-power industry.
Shell has made the same decision and sold out of its wind interests. Last month the company also said it was pulling out of solar and hydrogen technologies.
The oil giants have been rethinking their operations since the oil price plunged from $145 a barrel to $50.
Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.
IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS: 
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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.
