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Skybird · 04-16-12, 07:36 AM

http://www.bloomberg.com/news/2012-0...eet-goals.html

First, to make one thing clear: this is not meant as a thread to bash Greece. It just happens that Greece is the example that uses this model first, or plans to do so - I cannot help it. That it is Greece is not the reason why I post this. I know some will not believe me, but I cannot help these guys.

I am not sure if I understood this thing correctly - but if I do, then I cannot even laugh about thisreality-denial anymore.

So the EU permits a sales model they call "virtual selling", do I get this right? It means that the Greeks want to produce solar energy in Greece. This energy they want to sell for the better part to foreign nations. These arey nations with shortages in energy, or nations that will not meet their emission cap goals. The point is, the energy from Greece will be sold, but only virtually delivered. That means, it does not really get fed into the European powergrid, and thus it does not really get delivered to the nation having bought it. Instead it gets consumed in Greece. But the buying customer earns the right to raise his emission limits a little bit. The EU approves this plan, since it helps to meet emission cap plans, so they say. Actually these are not met by reducing emissions, but by increasing the total cap.

This is how I understand it, or am I wrong?

What would be the consequence from this? Greece produces power by solar panels, and consumes it in Greece. Another nation pays them money, but does not get power from them. Instead the EU, not being payed at all, gives that nation the right to slightly increase the emission caps it has. So the EU gets no payment, but Greece does, but it delivers nothing. - What is left at the end of the day: Greece gets money for nothing, and the general emission caps get raised, by that giving on paper the impression that they will be met. The "buying" nation gets nothing delivered for its payment, but produces as much emissions as before. Since thnat now is legal, the overall emissions increase within legalised limits.

In simplier words: Greece gets payed by nations for that EU statistics on emission goals get "beautified" by the EU.

Do I get this right so far?

And if it is right how I understand it, am I the only one shaking the head in despair?

I also do not understand the claims that this model would help Germany to meet its expected energy shortages since the nuclear powerplants get phased out over here. Germany does not produce more energy by this model, nor gets any energy delivered from the solar panels in Greece to Germany, not directly and not indirectly. It was also said that neighbours like Italy would benefit from this model - in how far?

It all sounds extremely idiotic to me, but as I said - I am not certain that I understood it correctly. Am I missing a point?

Reminds me on the emission trading scheme that the EU has established - and that meanwhile completely has collapsed and has proven to work even counterproductive to the intention.

P.S. Germany has already refused to pay subsidies for this model. Like it also has refused to pay green subsidies for atomic energy produced by other nations over their claims that nuclear energy is free of emissions. Atomic energy subsidised as "green" - Willkommen in der Irrenanstalt. Politicians' dementia knows no limits, it seems. Or their unscrupulousness.

04-16-12, 07:36 AM	#1
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,602 Downloads: 10 Uploads: 0	Please explain "virtual selling" to me http://www.bloomberg.com/news/2012-0...eet-goals.html First, to make one thing clear: this is not meant as a thread to bash Greece. It just happens that Greece is the example that uses this model first, or plans to do so - I cannot help it. That it is Greece is not the reason why I post this. I know some will not believe me, but I cannot help these guys. I am not sure if I understood this thing correctly - but if I do, then I cannot even laugh about thisreality-denial anymore. So the EU permits a sales model they call "virtual selling", do I get this right? It means that the Greeks want to produce solar energy in Greece. This energy they want to sell for the better part to foreign nations. These arey nations with shortages in energy, or nations that will not meet their emission cap goals. The point is, the energy from Greece will be sold, but only virtually delivered. That means, it does not really get fed into the European powergrid, and thus it does not really get delivered to the nation having bought it. Instead it gets consumed in Greece. But the buying customer earns the right to raise his emission limits a little bit. The EU approves this plan, since it helps to meet emission cap plans, so they say. Actually these are not met by reducing emissions, but by increasing the total cap. This is how I understand it, or am I wrong? What would be the consequence from this? Greece produces power by solar panels, and consumes it in Greece. Another nation pays them money, but does not get power from them. Instead the EU, not being payed at all, gives that nation the right to slightly increase the emission caps it has. So the EU gets no payment, but Greece does, but it delivers nothing. - What is left at the end of the day: Greece gets money for nothing, and the general emission caps get raised, by that giving on paper the impression that they will be met. The "buying" nation gets nothing delivered for its payment, but produces as much emissions as before. Since thnat now is legal, the overall emissions increase within legalised limits. In simplier words: Greece gets payed by nations for that EU statistics on emission goals get "beautified" by the EU. Do I get this right so far? And if it is right how I understand it, am I the only one shaking the head in despair? I also do not understand the claims that this model would help Germany to meet its expected energy shortages since the nuclear powerplants get phased out over here. Germany does not produce more energy by this model, nor gets any energy delivered from the solar panels in Greece to Germany, not directly and not indirectly. It was also said that neighbours like Italy would benefit from this model - in how far? It all sounds extremely idiotic to me, but as I said - I am not certain that I understood it correctly. Am I missing a point? Reminds me on the emission trading scheme that the EU has established - and that meanwhile completely has collapsed and has proven to work even counterproductive to the intention. P.S. Germany has already refused to pay subsidies for this model. Like it also has refused to pay green subsidies for atomic energy produced by other nations over their claims that nuclear energy is free of emissions. Atomic energy subsidised as "green" - Willkommen in der Irrenanstalt. Politicians' dementia knows no limits, it seems. Or their unscrupulousness. __________________ If you feel nuts, consult an expert. Last edited by Skybird; 04-16-12 at 10:18 AM.