Login
or
Register
Home
»
Trains Magazine
»
Forums
»
General Discussion
»
No Shareholders to answer to?
Edit post
Edit your reply below.
Post Body
Enter your post below.
<P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=verdana,geneva>Thanks RWM and Paul for the information on meeting the tentative CO2 reduction target.<SPAN style="mso-spacerun: yes"> </SPAN>Just to clarify, that is 17% less than the CO2 emissions of 2005 to be achieved by 2020.<SPAN style="mso-spacerun: yes"> </SPAN>Today’s CO2 emissions might be less than those of 2005 due to the recession, so either base date may be okay to use.</FONT></P><FONT face=verdana,geneva> <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><o:p></o:p></FONT> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><FONT face=verdana,geneva>So, if I understand this, you are saying that the yearly rail emission of CO2 is 44.5 million tons, and the cost per ton is $33.<SPAN style="mso-spacerun: yes"> </SPAN>Thus 44,500,000 X 33 = $1,468,500,000 total cost of CO2 per year X 17% = $249,645,000 cost of emission target by 2020.</FONT></P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT face=verdana,geneva size=2></FONT></SPAN> </P> <P class=MsoNormal style="MARGIN: 0in 0in 0pt"><SPAN style="FONT-SIZE: 12pt; FONT-FAMILY: 'Times New Roman'; mso-fareast-font-family: 'Times New Roman'; mso-ansi-language: EN-US; mso-fareast-language: EN-US; mso-bidi-language: AR-SA"><FONT face=verdana,geneva><FONT size=2>Therefore, this cost would not come anywhere close to making the case for electrification.<SPAN style="mso-spacerun: yes"> </SPAN>Instead, it would just be a cost passed through to the consumer.<SPAN style="mso-spacerun: yes"> </SPAN>Where does the current value of $33/ton for CO2 come from? Why call it a value rather than a cost?<SPAN style="mso-spacerun: yes"> </SPAN>I would have thought there is no cost of CO2 at this time.<SPAN style="mso-spacerun: yes"> </SPAN></FONT></FONT></SPAN></P>
Tags (Optional)
Tags are keywords that get attached to your post. They are used to categorize your submission and make it easier to search for. To add tags to your post type a tag into the box below and click the "Add Tag" button.
Add Tag
Update Reply
Join our Community!
Our community is
FREE
to join. To participate you must either login or register for an account.
Login »
Register »
Search the Community
Newsletter Sign-Up
By signing up you may also receive occasional reader surveys and special offers from Trains magazine.Please view our
privacy policy
More great sites from Kalmbach Media
Terms Of Use
|
Privacy Policy
|
Copyright Policy