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I just want to see a green light for someone with deep pockets to start buying lol
Right turns on red are permitted in many regions of North America. ... All 50 states, the District of Columbia, Guam, and Puerto Rico have allowed right turns on red since 1980, except where prohibited by a sign or where right turns are controlled by dedicated traffic lights.
Fyoz turning left on a red light has been done for numerous years in Thailand where I lived for quite a few years. Worked fine there!!
40 odd years ago I remember taking corona bottles back to the off-licence to get money back ......not a lot new under the sun
fyoz....i recall living in Germany in 2000. go into a supermarket , but a glass bottle of beer, plastic bottle of coke, their is a deposit added to the bill..25cents, called a "pfand ". when empty take empty bottles back to amy supermarket, feed onto mavhine at back of store and get paper ticket with your deposits added on..to reuse at till . 19 years ago the Germans had this in place.... widespread across Germany. The Uk ? still in the dark ages. Why I don't get Brexit, Brexit or not, the UK will not suddenly be up there with Zurich, Vancouver, Sydney, Copenhagen, Munich etc as top cities in the world to live. UK will never be in the top 20 places to live. anyone seen rhe double decker trains in use in Germany where everyone gets a seat as the booking system does not allow standing passengers. the UK...? my god....
exactly, so why not the UK???
fyoz.....but other countries already do this
100% this!
Turning left at a red light should be the same as give way. Priority for cars on green lights and pedestrians, but there's no justification for holding up traffic waiting to turn left. That easy change would save countless litres of fuel and reduce emissions
We are fast approaching the point were just talking about it wont cut it definitive actions need and will be taken it's now a political fireball they can no longer pontificate about. that includes you Trump
The trouble is it's all just lip service for votes. Let's take Bristol as an example. They hate cars with a passion. So they set up all these cycle lanes whose only achievement is to make sure only 6 cars get through a green light a time instead of the 12 that should resulting in double journey through the city times and twice the amount of pollution pumped into the air than could be the case. They have a 40mph motorway for 'safety reasons' for Christ sake. Now, if they were ACTUALLY interested in air pollution they could slash it at a stroke by turning off the thousands of totally unnecessary traffic lights throughout the city. But they don't, do they? Central government fuel taxes take precedence. It's good that governments pretend to care to placate the great unwashed but let's not kid ourselves that they actually do. Rant over.
Until now, the willingness of governments to take steps to halt climate change has been open to question, given the potential implications for inflation, government debt and employment. But we see several reasons why change may come over the next 12 months. Significantly, awareness and concern about climate change among the general population are growing, driven by more frequent extreme weather, media coverage and actions by protest groups.
Regarding political appetite for change, we see notable shifts in tone across the world. The EC’s incoming president, Ursula von der Leyen, has announced the intention to create a climate plan. This includes legislation to achieve carbon neutrality by 2050, the introduction of a green border tax and the creation of a fund to advance a "just transition". In the US, the current administration has formally notified the UN that it intends to withdraw from the Paris Agreement the day after the 2020 presidential election. However, the majority of Democratic candidates have made climate change a key item in their policy agendas.
Climate and carbon could also become drivers of QE. Christine Lagarde has made it abundantly clear that climate change will be a priority during her tenure as ECB president, suggesting that the central bank might use monetary policy to support a climate-friendly stance.
As with many market drivers, it’s hard to pinpoint the moment when a risk will become a reality. But to us, the direction of travel for the carbon price is clear. Challenges still lie ahead, but if the next 12 months don’t bring a material response from the world’s leaders, we see an increasing likelihood that carbon will impact asset prices through other channels. Between 2016-18, climate-related disasters such as wildfires and hurricanes have caused over US$650 billion worth of economic damage worldwide (or 28bp of global GDP).
Whichever trajectory we end up following, it seems clear that climate will be a key driver of asset prices in the months and years ahead.
https://oilprice.com/Energy/Energy-General/The-Real-Cost-Of-A-50-Trillion-Climate-Change-Push.html
In three weeks, the world's leaders will begin to gather in Madrid for the 25th United Nations Climate Change Conference. The intensity of the global climate strikes this year suggests that the proceedings will be scrutinized as never before. But the decisions made, or not made, will also have repercussions for global markets.
We’re transitioning towards a lower carbon economy, albeit at a slower pace than needed to stay within a two degrees Celsius climate scenario (2DS). For companies that can build offshore wind installations, develop electric vehicles and manufacture renewable diesels, we see potential for material earnings growth. In Decarbonisation: The Race to Net Zero, we estimated that more than US$50 trillion of capital will need to be deployed into renewables, EVs, hydrogen, biofuels and carbon capture and storage over the next 30 years, putting US$3-10 trillion of EBIT up for grabs.
Decarbonising electricity is the largest opportunity to reduce carbon emissions, with the power sector responsible for a quarter of global emissions. Strong renewables growth should be achievable given the significant improvements we've seen in solar and wind economics. But costs continue to constrain many other clean technologies, including battery storage, green hydrogen, CCS and biofuels.
If governments are serious about halting climate change, some form of stimulus will be needed.
Subsidies have already been key in industries like renewables. In the US, federal subsidies have helped to drive the transition to renewable energy, which rose from 14% of total power generation capacity in 2000 to 24% in 2018.
One alternative is to make high-carbon incumbents prohibitively expensive. European regulation on CO2 emissions, together with city bans on diesel, has catalyzed investment by global OEMs into electric vehicles. While the transition will be costly for the autos industry, it’s hard to see another path towards achieving aggressive targets.
Taxes should be another means of incentivizing investment in low-carbon technologies, but they remain ineffective. Even in Europe, where the carbon price has increased three-fold since the end of 2017, it remains far below the US$75 per tonne estimated by the IMF as necessary by 2030 to achieve a 2DS.
Even if the price of carbon rises to that level, a global tax is needed, through either a multilateral agreement or a carbon border adjustment. Domestic carbon taxes are unlikely to succeed in a world where many industries can move to regions with less punitive environmental regimes.