tag:blogger.com,1999:blog-9133703253863123050.post5337326103104376633..comments2024-02-21T03:48:52.674-05:00Comments on Flying Lessons: Beijing to EU, Did Somebody Say Trade War?Christine Negronihttp://www.blogger.com/profile/15190247339367487575noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-9133703253863123050.post-39657863000869069112012-06-16T09:04:23.193-04:002012-06-16T09:04:23.193-04:00I cannot understand why anyone should give the ETS...I cannot understand why anyone should give the ETS legitimacy. It is either extortion or stupidity, I am not sure which is worse. Who is more dangerous, a crook or an idiot?<br /><br />It's one thing for the EU to target flights within "the Continent" where there is alternative rail service, but what's the alternative from NY to London? Take the QE2, I guess.<br /><br />It has been said many times before, currently there are no practical alternatives for aviation fuel, period. Bio fuels are a great "science project", but cannot deliver the quantities needed and anywhere near an acceptable price. Anywhere from 7 to 9 times the price of traditional jet fuel is not acceptable. Similarly, economics, not taxation will cull the industry of the few remaining old technology jet transports.<br /><br />Conversely, in the trucking industry and other users of large diesel engines, the private sector is designing and using new technology to exploit the benefits of natural gas. Without the diesel engine the civilized world would starve to death.<br /><br />The solution for ETS is the same as for the crook or idiot, restrain or lock them up before they hurt themselves or anyone else.Jim Blaszczakhttps://www.blogger.com/profile/00096277595889819199noreply@blogger.comtag:blogger.com,1999:blog-9133703253863123050.post-65367778543586205542012-06-16T05:40:43.645-04:002012-06-16T05:40:43.645-04:00China has a lot of leverage over Europe that goes ...China has a lot of leverage over Europe that goes beyond aircraft orders. Europe needs chinese liquidity to cover some of the Eurozone debt financing. Europe blatantly came out and announced that proceeds from the ETS will go to general budgets, it is only a recommendation to use proceeds to finance environmental or aviation related projects. <br />China has taken the hardest position so far, but from a traffic point view China is a growing market but not yet a very significant portion for Europe, so EU ETS and aviation officials don't seem to be overly concerned, or they are looking for a face saving formula out of this problem. Otherwise we are in for a massive game of chicken.Oussama's Takehttps://www.blogger.com/profile/17804888569746656075noreply@blogger.com