Cuba Shows a Sudden Interest in Carbon Trading

1952 Chevrolet in Havana.
1952 Chevrolet in Havana. CC BY-SA 3.0, Link

Guest essay by Eric Worrall

h/t Dr. Willie Soon; Cuba’s dictatorship has developed a sudden interest in converting the poverty the Cuban people into hard currency carbon credit payments.

Despite socialist scepticism, Cuba shows interest in carbon trading 

Published on 30/09/2020, 12:24pm

In its national climate plan, Cuba indicated it would like to sell carbon credits on an international market, a concept previously opposed by socialist allies

By Joe Lo

Cuba has suggested it wants to get paid to reduce emissions, if a controversial global carbon credit scheme is set up.

In an updated climate plan submitted to the UN this month, Cuba says it “intends to use cooperative approaches that involve the use of mitigation results of international transfer” under Article 6 of the Paris Agreement.

An international carbon market to put Article 6 into practice is still under negotiation. It would allow countries to sell any over-achievement of their emissions reductions targets, for other countries or corporations to count towards their carbon-cutting commitments.

This concept has long been controversial, particularly with left-wing governments allied to Cuba like Venezuela and Bolivia. They prefer “non-market measures”.

Read more: https://www.climatechangenews.com/2020/09/30/despite-socialist-scepticism-cuba-shows-interest-carbon-trading/

In my opinion Cuba’s sudden interest in carbon credits is likely an ominous development for ordinary Cubans.

Being a dictatorship, all Cuba has to do to qualify for substantial payments from the European Union and other carbon markets is accurately measure the misery of the Cuban people, then take away some of their stuff.

For example, a substantial portion of Cuba’s automobile fleet are decrepit, ancient US automobiles left over from the relative prosperity of the Batista regime. If Cuba were to say arbitrarily ban automobiles older than 15 years, on the grounds they emit too much CO2, instant carbon credit. Nobody the regime cares about would suffer, and its not like ordinary Cubans would be allowed to object. The regime might even make a few extra bucks selling the ancient wrecks to collectors.

Let us hope the idea of carbon credit payments doesn’t catch on with even worse regimes.

34 thoughts on “Cuba Shows a Sudden Interest in Carbon Trading

  1. Great post Eric Worrall

    Little boo boo though…

    “h/t Dr. Willie Soon; Cuba’s dictatorship has developed a sudden interest in converting the poverty OF the Cuban people into hard currency carbon credit payments.”

    • “The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.” Alexis de Tocqueville

      This Carbon Trading Scheme illustrates one of the tactics the leftist elite global warmistas have incorporated into their U.S. population control strategy. In the beginning they will intorduce a Carbon credit or carbon offset strategy that will be revenue positive for the average household putting the CO2 allotment high, whether you are talking about a middle class or poor household. This will enable them to get a refund check at the end of the year (Free Money from Uncle Sugar!)

      We already know leftists don’t work off science but rather off consensus (read popular vote) They will promise the “Great Unwashed” more money for votes. Little known fact, the left intends to transfer the money from the “Middle Class Strapped” to the “Alloment Addicted Lower” poor in diminishing returns until everybody pays or at best owes nothing more.

      You see, once the system is in place, then over time, your carbon allotment will go down, you energy costs will go up and the refund check will eventually become an obligation for even the poor households already having enough problems buying $250. Nikes, by selling SNAP card credits, for their brood of Government subsidy generating children.

      • Leftist don’t work off consensus either. They just block everyone who disagrees with them and then say they are the majority. If it is a good day, the block leftist engage in is not one of the many red purges.

      • What i never understood about leftist voters is that they don’t see that it is in the interest of the ‘party’ to keep them poor.

        I have never seen an example anywhere where A leftist government has actually managed to pull the ordinary people out of poverty.

        The only explanation from the leftists for this seems to be the argument that if the ‘rightwing’ people would have been in charge it would all be much worse.

        Anyway, progress never seems to be a goal for the progressives.

        Stay sane,
        Willem

        • You have the ‘believers’ who don’t know history. Stalin (I believe) accurately called them ‘useful idiots’. The inner corp know that the ultimate goal is a form of feudalism with them in charge.

  2. What dysfunctional fool would buy carbon credits from Cuba, believing they are somehow saving the planet?

  3. Could be attractive to New Worlders – Cuba has already got the model of what champagne socialists are working towards for the rest of us.

  4. Step One: Cuba develops a plan to, let’s say, build tens of thousands of big, gasoline-guzzling SUVs and give one to every family. If each of these new vehicles were driven 10,000 km per year, they would collectively emit kabillions of tons of “carbon pollution” (plus all the emissions associated with building and operating the manufacturing facilities, of course).

    Step Two: The Article 6 carbon credit exchange agreement is put into place and Cuba signs on, immediately expressing a willingness to NOT carry through with their SUV manufacturing and distribution plan.

    Step Three: Cuba cancels the plan to build and distribute SUVs in exchange for kabillions of dollars, thereby helping to save the planet.

    • They have already “over-valued” their economy and productive value.

      To sell credits they simply need to say that they are going to do, in the future, what they are really doing now.

    • Most of the cars were Russian and now from China like a lot of Asian and African countries
      Americans know the old yank tanks because they are used as taxis ..ordinary Cubans can’t afford the petrol to run them and average around 500 miles per year
      But no, only a small % are the US cars now.

  5. Very simple for Cuba to reduce their carbon footprint. Build a nuclear power plant and they could probably power the entire island. In addition, that might allow them to enter the nuclear club and become another North Korea. It’s really a bad idea starting the carbon game in Cuba because they will find a way to come out on top.

  6. I assume the Cuban people have an allowed level of CO2 emissions per person.
    Due to their poverty based economy, there are lots of credits to sell

    I think this is simply another cash movement scheme

    Rich countries are supposed to buy these credits

      • Once Kimmy gets wind of this, he will also be getting in line to receive the proceeds of this international extortion and racketeering, on behalf of his citizens. The Norks are the ideal state of economy for the carbonistas, much like Cuba. NK is a very low carbon economy and they would keep it that way if they were paid to do so. This is of course the plan for the rest of the world, if the central carbon planners could have their way with the world.

  7. I have a wonderful idea:

    I conceptualized these non-material things called itsfubar credits, and I’ve allocated 10,000 of them among all nations based on the percentage of their populace that smiles at least once a day. I’ve also made it widely known that it is better for a nation to have more itsfubar credits than less itsfubar credits because the world will then correspondingly judge such nation to be a more friendly than others. Since perception of world status is important, I’ve assigned a value of $100 million to each itsfubar credit. Nations are free to exchange itsfubar credits via a trading market for them which I have established and will henceforth regulate, extracting only a small monetary fee in amount of 0.1% per itsfubar credit being exchanged between any two nations.

    Now, depending upon demand, I may from time to time elect to create and distribute to nations additional itsfubar credits at my sole discretion.

    Being an honorable man, I give full acknowledgment to “carbon credits” for paving the way for me to pull this off.

    Contact me for further details.

    • Gordon, you need to explain how your itsfubar system will save the world, punish America, and restrain the excesses of free market Capitalism.

      • Eric,
        Good point! But I’m sure I can work these out . . . I’ll just consult the “carbon credits” scheme to see what it’s done/is doing in these regards, and then follow that lead.

        Thanks.

  8. A carbon tax is an extortion on the economy, a shakedown on everyone for a price on nearly everything which the poor unfortunately more of a proportional amount of their disposable income. A carbon trading scheme with credits and payments might even be worse, because it is vague, shady and nefarious with special interest groups and political heavy weights deciding who pays and who gets paid, and for what. It sounds like Cuba is willing to get some cash into the upper echelons of the power structure on the backs of their citizens if they keep them poor and undeveloped, since it is progress that brings carbon and CO2 production into play. By demonizing carbon and CO2, it is the perfect permanent extortion to decide winners and losers, and a small group of people in control of a Gov’t get to process the proceeds of the payments they negotiated. This would be ideal for a centrally controlled economy like Cuba who has no transparency and is an effective dictatorship.

    Both carbon trading schemes and a carbon tax are the ultimate case of institutionalized racketeering designed to skim money off everyone who has any type of carbon and CO2 in play, and nearly everything does because life and a healthy economy is carbon based at every level from energy, transportation and housing to food production. And nearly everything else. Enforcing a carbon neutral plan is really a plan for slower growth and institutionalized theft of the peoples work and effort to go to people to spend it on whatever they wish such as in democracy to get themselves reelected, or in a corrupt regime, to embolden the ruling class with more riches for themselves. It is straight up theft, extortion and racketeering on a legalized basis. This is a criminal racketeering enterprise run by thugs under the disguise of legitimacy. It is legalized sedition against the profits of both labor and capital. It is the grounds for financial Marxism against development by anyone who utilizes carbon and CO2. We need to fight this ideology, because it is the worst of all religious dogmas that is no more than enforced legalized theft and a scourge against humanity.

  9. Remember how dire people thought “rationing” of essential goods & services was during WWII ?

    Well, the new means of electrical power distribution – “demand management” – when the grid is caught short because wind & solar have stopped winding & solaring (as they do) is just another reincarnation of “rationing”

    But “demand management” sounds so much more cool and comforting than “rationing”, doesn’t it?

    Newspeak isn’t really new is it? Been around since at least 1984.

    • The data that you are using now this story is rationed….they do that by delaying the data, instead of it taking milliseconds it takes 20 sec to reach you.
      Electricity can’t be rationed that way as its created the instant it used.
      Demand management is the rational way to faltten the curve of the daily rise and fall of the peaks . The way it works is both in power supply and local lines networks which it’s not efficient to have a capacity for a few hrs a day fir a week or two in a year.
      Think about the local fresh water supply , they meet demand by having dams for regional storage and locally by having reservoirs which build volume overnight for peak daytime demand.As well local street pipes store water .
      None of this can be done for electricity as it can’t be stored …not even by Tesla batteries to the same extent.

      Yes they have done some serious mistakes by thinking renewable will meet the demand when fossil fuel is retired . I had a laugh the other when reading a story from a local green politician in 2014 saying how California was heading in right direction for using solar and wind to meet daily peaks… Had a laugh, well more of a belly laugh as I’m not living in California in 2020.
      So remember electricity can’t be stored so it’s required to flatten some peak demand.

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