Last week a reporter from The Mirror walked up to an unattended nuclear waste train in a NorthWest London depot and planted a fake bomb on the train.
“The gate was open, there were no security guards… I walked up to the train and planted my bomb.”
Tom Parry, reporter
“I’m appalled. Every one of these trains would be a potential target for terrorists. If you had an incident in London, I estimate that 190,000 people would have to be evacuated. Those flasks were designed to counter accidents. But they weren’t designed to counter the likes of al-Qaeda.”
Dr John Large, nuclear transport expert
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Although better than the Bush plan of doing nothing, the Kyoto Protocol has its share of problems. The European Union in particular has relied on market mechanisms to achieve the goal of holding carbon emissions to 1990 levels by 2012. The plan works like this: Governments and Treaties set the level of emissions allowed by a region. Government bureaucrats then divide up this level of emissions into “emissions allowances” for individual emitters. That emitter then has the ability to emit to its full allowance, or cut emissions below its allowance and sell its remaining allowances on the open market. A coal plant may, for example, be given allowance to cover only its current level of emissions. If it wants to increase production, it needs to either purchase more allowances from another emitter or find ways to increase production with fewer emissions. To accommodate this trading, exchanges have sprung up to broker emissions allowances. However, some bureaucrats have demonstrated in this space their woeful lack of understanding of how markets work.
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