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Keyword: carbon

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  • New Jersey Gov. Chris Christie pulls out of greenhouse gas effort

    05/26/2011 7:04:46 PM PDT · by markomalley · 12 replies
    WaPo ^ | 5/27/11
    New Jersey Gov. Chris Christie (R) announced Thursday that he would pull out of a regional climate pact by the end of the year, delivering a political setback to the fledging effort to curb greenhouse gas emissions linked to global warming. In a news conference, Christie said the Regional Greenhouse Gas Initiative (RGGI), a 2005 accord in which 10 states agreed to cut greenhouse gas emissions from power plants 10 percent by 2018, would not be able to meet its goals. The program requires plants in the region that burn fossil fuels to buy pollution allowances for the carbon they...
  • Australian Federal Police could become carbon cops

    05/19/2011 9:01:15 AM PDT · by Oldeconomybuyer · 6 replies
    The Australian ^ | May 19, 2011 | by Ben Packham
    THE Australian Federal Police could be required to investigate new climate change offences under Julia Gillard's carbon tax, sparking concerns over the agency's resourcing. As Julia Gillard today declared her carbon tax would be “shyster” proof. Climate Change Minister Greg Combet's office said enforcement arrangements under the proposed carbon tax were yet to be finalised. But AFPA president Jim Torr said there was little doubt the AFP would be required to play a role in policing the scheme. “Tax evasion is one of the big things the AFP works on,” he told The Australian Online. “This will be another area...
  • Canada's carbon catastrophe begins

    05/17/2011 6:48:04 PM PDT · by george76 · 14 replies
    Ottawa Sun ^ | May 9, 2011 | Lorrie Goldstein,
    It’s like watching the same train wreck — twice. Our politicians are starting to commit the same wasteful blunders, resulting in the same perverse consequences, as the Europeans have in pricing carbon dioxide emissions, ostensibly to fight climate change. The harbinger of many bad things to come for us is now happening in B.C. There, the provincial government is forcing the transfer of millions of tax dollars from cash-strapped schools, hospitals and other public institutions, by requiring them to buy carbon offsets. Money which then benefits hugely profitable energy companies like Encana. This is eerily reminiscent of what happened in...
  • Carbon and Carbon Dioxide: Clearing Up the Confusion

    04/30/2011 5:37:40 AM PDT · by Kaslin · 14 replies · 1+ views ^ | April 30, 2011 | Paul Driessen
    We are constantly bombarded with information – much of it inaccurate, misleading, even deliberately so. We are frequently told we must reduce carbon emissions, support “carbon disclosure” and invest in “carbon trusts” – to prevent catastrophic global warming, global climate change or global climate “disruption.” News stories, advocacy and lobbying activities, and corporate “ethics” promotions frequently use “carbon” and “carbon dioxide” almost interchangeably; some occasionally talk about “dangerous carbon monoxide emissions.” Torn by misplaced hydrocarbon guilt, wanting to do right ecologically, and often scientifically challenged, people are naturally confused. Because so much is at stake – for our energy supplies...
  • Obama drops climate change talk as green movement fizzles

    04/28/2011 2:06:19 PM PDT · by Ernest_at_the_Beach · 34 replies
    Baltimore Sun ^ | 1:21 p.m. EDT, April 27, 2011 | By Jonah Goldberg
    The public is increasingly skeptical of global warming and far more worried about the economy than the environmentWhat the heck went wrong?" That, apparently, is the question roiling the environmental community as it realizes that the fight against climate change has fizzled. As Brad Plumer writes in the New Republic, everything was looking great in 2008 for a sweeping effort to make good on candidate Barack Obama's pledge to start turning back the rising oceans. The Democrats held Congress. Both John McCain and Mr. Obama had promised to push for capping carbon emissions. Corporations had gotten on board. Al Gore...
  • Supreme Court indicates it will dismiss 6-state global warming lawsuit

    04/20/2011 11:30:47 AM PDT · by DeaconBenjamin · 7 replies
    LA Times ^ | April 20, 2011 | By David G. Savage, Washington Bureau
    The Supreme Court signaled Tuesday that it would throw out a global warming lawsuit brought by California and five other states that seek limits on carbon pollution from coal-fired power plants in the South and Midwest. Encouraged by the solicitor general, the justices said regulating greenhouse gases should be left to the Environmental Protection Agency. The issue debated before the high court Tuesday was not whether greenhouse gases are causing global climate change, but who should regulate them. The decision involves politics, economics and science, the lawyers said. "It's a question of tradeoffs," said Peter Keisler, representing the power producers....
  • Hydrocarbons Deep Within Earth: New Computational Study Reveals How

    04/18/2011 6:12:10 AM PDT · by Red Badger · 85 replies
    Science Daily ^ | 17 Apr 11 | Staff
    A new computational study published in the Proceedings of the National Academy of Sciences reveals how hydrocarbons may be formed from methane in deep Earth at extreme pressures and temperatures. The thermodynamic and kinetic properties of hydrocarbons at high pressures and temperatures are important for understanding carbon reservoirs and fluxes in Earth. The work provides a basis for understanding experiments that demonstrated polymerization of methane to form high hydrocarbons and earlier methane forming reactions under pressure. Hydrocarbons (molecules composed of the elements hydrogen and carbon) are the main building block of crude oil and natural gas. Hydrocarbons contribute to the...
  • California Gov. to Sign Bill Raising Renewable Energy Requirements

    04/12/2011 8:53:57 AM PDT · by SeekAndFind · 33 replies
    American Thinker ^ | 04/12/2011 | Richard Henry Lee
    California Governor Jerry Brown will sign a bill today which will raise the required amount of costly renewable energy for electric generation in the Golden State to 33% while Texas Governor Rick Perry is likely grinning from ear to ear. Texas and other business-friendly Western states such as Arizona and Utah, stand to benefit from California's latest payoff to the green lobby.  The bill boosts the electric renewable energy standard from its current 20% to 33% by the year 2020, and California consumers and businesses will be stuck with the additional cost.  Businesses will have one more reason to leave...
  • It’s Not the Gods Who Are Crazy

    04/03/2011 9:52:53 PM PDT · by TheConservativeCitizen · 11 replies
    Conclub ^ | 04-03-11 | Regalo Di Spine
    At times it seems hard to accept that humanity has really advanced. Though it would appear that we have generally forsaken superstition and confronted the shadows that linger just beyond the light cast from our communal fires, today’s news from Chicheley, England would suggest that we have only masked our fears of the unknown with superficial intellectualism. Charles J Hanley, a special correspondent with the Associated Press, reports that dozens of scientists gathered at Chicheley to discuss a Plan B that may serve as an alternative to carbon emission reduction plans which the world seems unwilling to adopt. The concept...
  • France ditches carbon tax as social protests mount

    04/01/2011 1:37:01 PM PDT · by Ernest_at_the_Beach · 36 replies
    telegraph ^ | Mar 23, 2010 | Ambrose Evans-Pritchard --International Business Editor
    President Nicolas Sarkozy on Tuesday scrapped the country's proposed carbon tax and reshuffled his cabinet in populist tilt after suffering a crushing electoral defeat over the weekend, when his Gaulliste UMP party lost every region other than in its bastion of Alsace and the Indian Ocean island of Reunion. The vote saw a resurrection of both the Socialist Party and the far-Right National Front, showing how the delayed effects of rising unemployment can change the political landscape long after recession has passed. The jobless rate has risen to 10.1pc, up from 8.7pc a year ago. A quarter of those aged...
  • Europe Banning Cars

    03/28/2011 10:47:28 AM PDT · by JesseWatters · 57 replies ^ | March 28 | Staff
    Cars will be banned from London and all other cities across Europe under a draconian EU masterplan to cut CO2 emissions by 60 per cent over the next 40 years. The European Commission on Monday unveiled a "single European transport area" aimed at enforcing "a profound shift in transport patterns for passengers" by 2050.
  • Obama administration can’t wait to sell China all the coal it can burn

    03/25/2011 9:23:08 AM PDT · by george76 · 26 replies
    Grist Magazine ^ | 24 Mar 2011 | Christopher Mims
    Here's a recipe for climate catastrophe: First, authorize enough new coal production in Wyoming to yield 3.9 billion tons of heat-trapping greenhouse gases. Then authorize a new export terminal in northwest Washington to ship that black gold to Asia, where the other half of Chimerica will burn it to power the factories we shipped them in the infinite wisdom of globalization. This process is called carbon offshoring, and it's the nastiest, planet-killingest scheme of which you've probably never heard. China is just the beginning: ... The Committee on Foreign Investment in the United States should block these deals on national...
  • PepsiCo unveils 100 percent plant-based bottle

    03/15/2011 7:13:04 AM PDT · by arderkrag · 41 replies
    AP via Yahoo! News ^ | 03/15/11 | Unknown
    PURCHASE, N.Y. – Remember the Cola Wars? Get ready for the Bottle Wars. PepsiCo Inc. on Tuesday unveiled a bottle made entirely of plant material, which it says bests the technology of competitor Coca-Cola and reduces its potential carbon footprint. The bottle is made from switch grass, pine bark, corn husks and other materials. Ultimately, Pepsi plans to also use orange peels, oat hulls, potato scraps and other leftovers from its food business. The new bottle looks, feels and protects the drink inside exactly the same as its current bottles, said Rocco Papalia, senior vice president of advanced research at...
  • Carbon not the same thing as CO2

    03/08/2011 10:48:59 AM PST · by Ernest_at_the_Beach · 12 replies
    herald Sun ^ | March 09, 2011 | Terry McCrann
    ASTONISHINGLY, the PM, the Cabinet and members of the Canberra Press Gallery don't know the difference between carbon and carbon dioxide. There are two great lies told about the need to "put a price on carbon". Lies which I can't recall a single member of the gallery ever confronting the liars with -- far less the prime liar herself.And it'll be a cold day in hell before you see a critical commentary from any of the supposed leading lights of the gallery such as Fairfax's Michelle Grattan or Peter Hartcher applying a critical analysis to the claims.Now these two lies...
  • EDITORIAL: Close the EPA--It’s time to stop funding carbon mysticism with taxpayer dollars

    03/04/2011 12:41:41 PM PST · by jazusamo · 14 replies
    The Washington Times ^ | march 3, 2011 | Editorial
    As Congress looks for ways to trim the budget, the Environmental Protection Agency (EPA) represents an opportunity for up to $9 billion in savings. This outfit has become little more than an advocacy group for trendy leftist causes operating on the public’s dime. Many liberal policies being promoted are so unpopular that congressional Democrats can’t muster the votes to get them through the proper legislative process. So they go to the EPA instead. That’s why the EPA announced Tuesday that it had revised the deadlines imposed on certain companies for reporting so-called “greenhouse gas” production. A facility that manufactures paper,...
  • Obama's jetset fitness trainer helps shed pounds, adds to global warming.

    02/28/2011 12:30:04 PM PST · by txlurker · 32 replies · 1+ views
    Washington Examiner ^ | 02/28/2011 | J.P. Friere
    With a schedule as hectic as President Obama's it must be hard to stick to a training regimen without help -- but why does he insist on having his old trainer fly out from Chicago to D.C. regularly when Obama and his wife exhort the rest of us to drive less? And in a recession? According to Ashley Parker at the New York Times, Obama's fitness czar Cornell McClellan comes out to D.C. every week: Mr. McClellan grew up practicing martial arts, eventually earning a black belt, and as a college student realized that he had a knack for working...
  • Government Motors: Chevy to spend $40 million on carbon offsets next three years

    02/23/2011 3:24:27 PM PST · by SeekAndFind · 30 replies
    Hotair ^ | 02/23/2011 | Ed Morrissey
    General Motors has yet to return most of the TARP funds sunk into its operations by George Bush and Barack Obama. They claimed to have paid back the loans given the automaker, but as Chuck Grassley angrily pointed out at the time, they paid back the loans using other TARP funding for the cash. Taxpayers still have tens of billions of dollars stuck in GM stock, and whether Treasury ever gets to a break-even point is anyone’s guess.That hasn’t stopped Chevrolet from dumping $40 million in cash into carbon offsets over the next five years, however: David Antonioli, chief executive...
  • The New Cap & Tax Black Market

    02/12/2011 5:58:59 AM PST · by WOBBLY BOB · 8 replies
    RGGI Is The Prototype For More Regional Cap & Tax Entities Soon RGGI will expand to every state and stick you with astronomical energy prices. RGGI is the model for two new stealth cap & tax entities. The Midwestern Greenhouse Gas Reduction Accord would bring the tax scheme to Illinois, Michigan, Wisconsin, Minnesota, Iowa and Kansas. The Western Climate Initiative will force California, Oregon, Washington, Arizona, New Mexico, Utah and Montana to start paying through the nose for energy. Both programs are set to start in 2012. The corruptocrats in Washington are completely responsible for this gigantic waste of tax...
  • EPA responds to congressional attempts to reel in greenhouse gas regulation

    02/10/2011 9:36:56 AM PST · by Ernest_at_the_Beach · 53 replies
    Watts Up With That? ^ | February 10, 2011 | Anthony Watts
    Posted on February 10, 2011 by Anthony Watts Image via WikipediaThe question is, are we a country of laws made by our representatives, or a country of laws made by bureaucrats? The constitution provides only one answer, and Ms. Jackson would do well to read it.Latest News release from the EPA: CONTACT: EPA Press February 9, 2011Administrator Lisa P. Jackson, Opening Statement Before the House Energy and Commerce Committee’s Subcommittee on Energy and PowerAs prepared for delivery – Mr. Chairman and members of the Committee, thank you for inviting me to testify about Chairman Upton’s draft bill to eliminate...
  • Environmentalists Are Killing Jobs And The Economy (WA coal terminal)

    02/08/2011 8:41:40 AM PST · by CedarDave · 17 replies
    Business Insider ^ | February 7, 2011 | Liz Peek
    If President Obama is serious about smoothing the path for U.S. businesses, he should take up reading the newspaper. Not a day goes by that he wouldn’t find opportunities aplenty to unclog our regulatory arteries. This past Friday was no exception. The issue? A proposed coal terminal on the Columbia River in Washington. A terminal that would facilitate coal shipments to China, thus aiding one of Mr. Obama’s professed goals—ramping up U.S. exports. Unfortunately, as the Wall Street Journal reported, local environmentalists want the project scuttled. Not because the terminal’s operations would damage Washington State’s air or water quality, but...
  • New Mexico Supreme Court: Governor Cannot Trump Law

    02/07/2011 11:48:48 AM PST · by EBH · 43 replies
    In a stunning blow to the inexperienced administration of GOP Governor Susana Martinez, the New Mexico Supreme Court ruled unanimously that Governor Martinez violated the state Constitution when she prevented a rule reducing carbon pollution from being published as codified state law. The lawsuit was filed by nonprofit New Energy Economy and reflects growing claims that Governor Martinez arbitrarily and illegally sought to suppress the rule. The rule requires facilities that emit more than 25,000 metric tons of carbon pollution per year to reduce these emissions by 3% per year from 2010 levels starting in 2013. The rule aims to...
  • California global warming regulations voided by judge

    02/04/2011 9:33:26 AM PST · by jazusamo · 29 replies
    American Thinker ^ | February 4, 2011 | Thomas Lifson
    California's sweeping plan to institute cap and trade and regulate "greenhouse gases" has been thrown out by a San Francisco judge. reports: The California Air Resources Board violated state environmental law in 2008 when it adopted a comprehensive plan to reduce greenhouse gases and again last year when it passed cap-and-trade regulations, a San Francisco Superior Court judge has ruled in a tentative decision. [snip] In his decision, Superior Court Judge Ernest Goldsmith ruled that the air board approved the larger plan to implement AB32 prior to completing the required environmental review, and that the board failed to adequately consider alternatives to cap and...
  • ONGC hits shale gas at Icchapur

    01/27/2011 4:42:46 PM PST · by crescen7 · 5 replies
    Economic Times ^ | 28 Jan, 2011 | ET Bureau
    State-run Oil & Natural Gas Corp (ONGC) has produced first shale gas in the country at Icchapur in Durgapur district of West Bengal, reports Our Bureau from New Delhi. ONGC said the 2,000-metre deep well at the shale formation encountered gas on January 25. "The breakthrough is significant as India is the first Asian country where gas was discovered from shale outside USA and Canada," ONGC said in a statement. Shale gas is non-conventional natural gas reserves found in non-porous rock and requires fracking technology to extract gas from shale. India has huge shale deposits in Assam, Gujarat, Rajasthan, the...
  • NM court orders publication of environmental rules (state Supreme Court)

    01/26/2011 5:19:35 PM PST · by CedarDave · 6 replies
    Santa Fe New Mexican ^ | January 26, 2011 | Susan Montoya Bryan/AP
    SANTA FE -- Environmental groups have been handed a victory by the New Mexico Supreme Court in a pair of cases that challenged an attempt by Gov. Susana Martinez's administration to delay publication in the state register of recently approved pollution control measures. The Supreme Court is ordering the state records administrator to publish the rules regulating greenhouse gas emissions and dairy discharges.
  • Was Genghis Khan history's greenest conqueror? (Mongol invasion scrubbed 700 million tons of carbon)

    01/25/2011 9:08:45 AM PST · by SeekAndFind · 35 replies
    Mother Nature Network ^ | 01/25/2011 | Bryan Nelson
    Genghis Khan's Mongol invasion in the 13th and 14th centuries was so vast that it may have been the first instance in history of a single culture causing man-made climate change, according to new research out of the Carnegie Institution's Department of Global Ecology, reports Unlike modern day climate change, however, the Mongol invasion cooled the planet, effectively scrubbing around 700 million tons of carbon from the atmosphere. So how did Genghis Khan, one of history's cruelest conquerors, earn such a glowing environmental report card? The reality may be a bit difficult for today's environmentalists to stomach, but Khan...
  • Carbon Trading Halted After Hack Of Exchange

    01/21/2011 2:04:08 PM PST · by HonkyTonkMan · 17 replies
    threatpost ^ | January 20, 2011 | Paul Roberts
    The European Commission (EC) suspended trading in carbon credits on Wednseday after unknown hackers compromised the accounts of Czech traders and siphoned off around $38 million, according to published reports. EU countries including Estonia, Austria, The Czech Republic, Poland and France began closing their carbon trading registries yesterday after learning that carbon allowances had been siphoned from the account of the Czech based register. A notice posted on the Web site of the Czech based registry said that it was "not accessible for technical reasons" on Thursday. The EC followed suit: issuing a statement on Wednesday evening saying that the...
  • European carbon market suspended over fraud fears

    01/20/2011 11:29:53 AM PST · by Ernest_at_the_Beach · 26 replies
    Telegraph (UK) ^ | Thursday 20 January 2011 | Rowena Mason
    The European carbon market has been thrown into turmoil after the scandal-hit scheme was suspended for a week over suspicions of fraud. More than €2bn (Ł1.7bn) of trade is likely to be disrupted after the European Commission said it would prevent transactions until January 26. The suspension follows allegations that 475,000 carbon credits worth €7m were stolen in a hacking attack on the Czech carbon register. It appears that the intangible allowances were bounced between eastern European countries before disappearing without a trace. France's Bluenext exchange was the first to close its platform, while Austria, Poland, Estonia and Greece also...
  • Hackers steal 2 million tonnes of EU carbon credits

    01/20/2011 10:43:56 AM PST · by NormsRevenge · 43 replies
    Yahoo ^ | 1/20/11 | AFP
    BRUSSELS (AFP) – Hackers stole two million tonnes of polluting rights in a five-day raid this week on the European Union's carbon emissions trading system, an EU source said on Thursday. The volume of carbon credits stolen in online action, which a European Commission spokeswoman was "possibly concerted", represents just a fraction of global industrial greenhouse gas permits, but is potentially worth many millions of euros. The scale of the theft, which involved five unnamed EU states, was revealed a day after Brussels shut all 27 national trading registries for a week, citing inadequate online protection. Credits stolen just from...
  • World Bank puts up €68m to avert post-Kyoto carbon market crash

    01/13/2011 6:34:38 PM PST · by wheresmyusa · 7 replies · 1+ views ^ | 1/14/2011 | BusinessGreen Staff
    The World Bank has launched a €68m (Ł57m) pot of funding aimed at enabling carbon-cutting projects to keep selling UN-backed offsets after the first phase of the Kyoto Protocol expires in 2012. A statement published by the bank yesterday said the second tranche of funding under its Umbrella Carbon Facility (UCFT2) was now operational, with Deutsche Bank, GDF SUEZ and the Swedish Energy Agency providing much of the money. The facility is already considering supporting 17 projects with the potential to reduce 26 megatons of carbon dioxide and other greenhouse gases from 2013 to 2018, and has also invited other...
  • Martinez Action on Emissions Contested (NM-Enviros strike back)

    01/12/2011 2:45:42 PM PST · by CedarDave · 8 replies
    The Albuquerque Journal ^ | January 12, 2011 | Deborah Baker
    In a petition filed Tuesday with the state Supreme Court, New Energy Economy Inc. alleged that the administration circumvented the state's rule-making process and encroached on the powers of the Legislature and the state Court of Appeals. The petition filed by the New Mexico Environmental Law Center asks the state's highest court to order the new regulation reinstated and order Martinez to stop interfering with the rule-making process. Martinez's office did not respond to a request for comment on the petition. Immediately after she took office on Jan. 1, the Republican governor ordered a 90-day hold on proposed or pending...
  • Carbon injected underground now leaking, Saskatchewan farmer's study says

    01/11/2011 11:03:34 AM PST · by Ernest_at_the_Beach · 69 replies
    The Canadian Press ^ | 01/11/2011 10:22 AM | Bob Weber, The Canadian Press
    Carbon injected underground now leaking, Saskatchewan farmer's study says By: Bob Weber, The Canadian Press A Saskatchewan farm couple whose land lies over the world's largest carbon capture and storage project says greenhouse gases that were supposed to have been injected permanently underground are leaking out, killing animals and sending groundwater foaming to the surface like shaken-up soda pop. Cameron and Jane Kerr, who own nine quarter-sections of land above the Weyburn oilfield in eastern Saskatchewan, released a consultant's report Tuesday that claims to link high concentrations of carbon dioxide in their soil to the 8,000 tonnes of the...
  • Electric Cars May Accelerate Global Warming

    01/06/2011 2:23:44 PM PST · by Libloather · 141 replies
    Forbes ^ | 1/05/11 | WILLIAM PENTLAND
    Electric Cars May Accelerate Global WarmingBy WILLIAM PENTLAND Jan. 5 2011 - 12:09 pm Electric cars are not a silver bullet solution for global warming, but could they actually be part of the problem? In some developing countries, the answer is likely “yes,” according to the results of a modeling exercise conducted by Oxford University’s Reed Doucette and Malcolm McCullocha. The results, which appeared in a paper published in Energy Policy last Fall, found that for countries with dirty power supplies – like India and China – widespread adoption of electric vehicles could lead to more – not less –...
  • Atmosphere's self-cleaning capacity stable: study (Whew!! We can breathe again.)

    01/07/2011 10:37:57 AM PST · by NormsRevenge · 26 replies
    Yahoo ^ | 1/7/11 | AFP
    WASHINGTON (AFP) – An international team of researchers has found that the atmosphere's ability to cleanse itself of pollutants and other greenhouse gases, except carbon dioxide, is generally stable. The study, published in Friday's edition of the journal Science, comes amid a fierce debate over whether, as some experts believe, the atmosphere's self-cleaning ability was fragile and sensitive to environmental changes. The research team, which was led by the National Oceanic and Atmospheric Administration (NOAA), measured levels in the atmosphere of hydroxyl radicals, which play a key role in atmospheric chemistry. Levels of the agent only fluctuated a few percentage...
  • EPA Issues Six Greenhouse Gas Rules

    12/27/2010 9:59:47 AM PST · by EBH · 58 replies · 7+ views
    On December 23, 2010, the EPA issued a series of rules that put the necessary regulatory framework in place to ensure that industrial facilities can get Clean Air Act (CAA) permits covering their greenhouse gas (GHG) emissions when needed and ensure that facilities emitting GHGs at levels below those established in the Tailoring Rule do not need to obtain CAA permits. The agency says these actions will ensure that the largest industrial facilities can get CAA permits that cover GHG emissions beginning in January 2011. These actions are part of EPA’s common sense approach to GHG permitting outlined in the...
  • Barbara Hollingsworth: Fannie Mae owns patent on residential 'cap and trade' exchange

    04/21/2010 9:10:40 PM PDT · by givemELL · 58 replies · 1,539+ views
    The Examiner ^ | April 20, 2010 | Barbara Hollingsworth
    Fannie Mae Chief Executive Officer Franklin Raines, two of his top underlings and select individuals in the "green" movement were inventing a patented system to trade residential carbon credits. Patent No. 6904336 was approved by the U.S. Patent and Trade Office on Nov. 7, 2006 -- the day after Democrats took control of Congress. Former Sen. John Sununu, R-N.H., criticized the award at the time, pointing out that it had "nothing to do with Fannie Mae's charter, nothing to do with making mortgages more affordable." "It wasn't about mortgages. It was about greenbacks. The patent, which Fannie Mae confirmed it...
  • Lieberman, Graham want to 'start again' on energy legislation

    12/24/2010 5:40:04 AM PST · by rabscuttle385 · 73 replies · 5+ views
    The Hill, Washington, DC ^ | 2010-12-23 | Ben Geman
    2011 could bring some quick indications on whether this year's collapse of energy and climate legislation in the Senate created lasting wounds.

 Sens. Joe Lieberman (I-Conn.) and Lindsey Graham (R-S.C.) chatted Wednesday about reviving their partnership on energy, Lieberman told E2. “It is one of the things we want to work on together next year, start again,” Lieberman said Wednesday in the Capitol. His comments come as President Obama in the new year will seek talks with Republicans on energy. Lieberman said areas on the table include a “clean-energy standard” for utilities, which Graham is already pushing, and efforts to...
  • Obama to regulate carbon from power plants

    12/23/2010 9:03:08 AM PST · by NormsRevenge · 139 replies · 5+ views
    AFP on Yahoo ^ | 12/23/10 | AFP
    WASHINGTON (AFP) – US President Barack Obama's administration said Thursday it will regulate greenhouse gas emissions from power plants, after legislation on climate change died in Congress. The Environmental Protection Agency (EPA) said it would regulate fossil fuel power plants and petroleum refineries -- which together emit nearly 40 percent of US greenhouse gases -- starting in 2012.
  • Lawrence Solomon: The $7-billion carbon scam

    12/07/2010 9:08:56 AM PST · by enduserindy · 13 replies
    Financial Post ^ | December 5, 2010 | Lawrence Solomon
    Scam artists from around the world, capitalizing on lax regulations at the Danish emissions trading registry, have made off with an estimated $7-billion over the last two years, according to Europol. Denmark’s Office of the Auditor General is now investigating the fraud, which occurred after the Danish registry dropped requirements that carbon traders be documented. While allowing a free-for-all served the carbon market on the short term, by appearing to inflate the interest in carbon as a commodity, it ultimately backfired when much of the trading proved to be phony. Read more:
  • California approves extensive carbon-trading scheme

    12/17/2010 1:09:50 PM PST · by kingattax · 63 replies
    BBC News ^ | 12-17-10
    California has approved an extensive carbon-trading plan aimed at cutting greenhouse emissions. State regulators passed a "cap-and-trade" framework to let companies buy and sell permits, giving them an incentive to emit fewer gases.
  • Liberals Howl as Christie Uses Cap-and-Trade $ to Balance Budget

    12/14/2010 3:53:13 PM PST · by SonOfDarkSkies · 28 replies
    Gov. Chris Christie has said he is taking $65 million from the state's model cap-and-trade program to balance the state's $29.3 billion budget, but he is getting pushback from Democrats in the state Legislature.
  • Gov. Chris Christie to use cap-and-trade funds to balance state budget

    12/14/2010 11:56:38 AM PST · by La Lydia · 29 replies ^ | December 14, 2010
    Gov. Chris Christie has said he is taking $65 million from the state’s model cap-and-trade program to balance the state’s $29.3 billion budget, but he is getting pushback from Democrats in the state Legislature. The money comes from quarterly carbon permit auctions held by the Regional Greenhouse Gas Initiative (RGGI), an alliance of 10 Eastern states from Maine to Maryland. The governor said he also is planning on taking all of the proceeds from the next three quarterly auctions in 2010...Bob Smith, chairman of the Legislature’s environment and energy committee, and a member of the appropriations committee, has vowed to...
  • China Poised for Panda Standard Pilot and Sectoral Progress

    12/10/2010 8:50:58 AM PST · by wheresmyusa · 2 replies ^ | 12/9/2010 | Molly Peters-Stanley
    9 December 2010 | CANCUN | “China Blossoming” was the title of one side event benchmarking China’s carbon market position at the UNFCCC’s 16th Conference of Parties (COP16). It’s an accurate description of Cancun’s Chinese delegation, which arrived bearing news of significant progress on domestic voluntary mechanisms and provincial programs – including a pilot project and sectoral specifications under the Panda Standard for voluntary carbon offsets. While some described China’s Copenhagen delegation as “cagey” and “uncompromising,” the new face of China is markedly more open and willing to talk shop in order to glean lessons from other nations’ market experiences....
  • North Dakota wants Minnesota lawmakers to repeal carbon regulations

    12/07/2010 7:11:04 PM PST · by WOBBLY BOB · 10 replies
    pioneer press ^ | 12-7-10 | ap
    FARGO, N.D. — North Dakota Attorney General Wayne Stenehjem will be monitoring the Minnesota Legislature to see what happens with a law some believe threatens North Dakota coal-fired electricity exports. The 2007 law will make it more expensive for Minnesota utilities to buy electricity from power sources that generate carbon dioxide, starting in 2012. North Dakota officials say that's an unconstitutional restriction on business between states. North Dakota has been poised for months to sue Minnesota. Stenehjem tells the Fargo Forum newspaper he wants to see if a realignment of the Minnesota Legislature results in the law being repealed. Minnesota...
  • Author claims we're in the grip of a mini ice age

    12/07/2010 10:58:33 AM PST · by Ernest_at_the_Beach · 58 replies
    The Sunday Sun ^ | Dec 5 2010 | Mike Kelly
    AFTER nearly two weeks of snow and sub zero temperatures rivaling those of Siberia, the old joke about global warming being a good thing has had a new lease of life. So what has happened to doom-laden predictions of the world heating up as glaciers melt? Mike Kelly reports. FIRST the good news. These bitter winters aren’t going to last forever. The bad news is that they will go on for the next 30 years as we have entered a mini ice age.So says author Gavin Cooke in his book Frozen Britain. He began writing it in 2008 and it...
  • N.M. Regulators Decide on Emissions Cap (Last gasp of the Richardson administration)

    12/06/2010 7:25:01 PM PST · by CedarDave · 9 replies
    The Albuquerque Journal ^ | December 6, 2010 | AP
    New Mexico regulators have decided to approve an environmental group's proposal for capping greenhouse gas emissions statewide. The Environmental Improvement Board voted 4-1 during a meeting Monday in Santa Fe. The petition from New Energy Economy forces polluters to reduce their greenhouse gas emissions by 3 percent per year from 2010 levels. It would become effective in 2013.
  • The Cancun Wealth Redistribution Conference

    12/06/2010 12:38:35 PM PST · by Kaslin · 9 replies ^ | December 6, 2010 | Paul Driessen
    It’s become a predictable annual rite. Several weeks prior to each global warming gabfest, breathless news stories, editorials, op-eds and pontifications begin hitting the airwaves and print pages, reaching a crescendo as the conference opens. So it was with Copenhagen; so it is with Cancun. Actually, it may be worse this year. ClimateGate, bogus IPCC “studies” about disappearing Himalayan glaciers and Amazonian rainforests, the global economic recession, the Copenhagen disaster, soaring EU and UK energy prices, Spain’s collapsing green energy industry, and eroding public belief in manmade Climate Armageddon have ushered in growing unease within the alarmist camp. Now unease...
  • Al Gore's climate group shrinking (The gig is up!)

    12/06/2010 9:14:28 AM PST · by milwguy · 20 replies · 4+ views
    politico ^ | 12/07/2010 | DARREN SAMUELSOHN
    One of Al Gore's campaigns to save the planet has scaled back its field operations since climate legislation failed earlier this year in Congress. The Alliance for Climate Protection was operating in about 25 states at its peak, including Florida, Michigan, Missouri, New Hampshire, Ohio and Pennsylvania. But the group now has field offices in just seven states. "We've always believed it’s a mobile and nimble operation," said Sean Sarah, the non-profit group's spokesman. "We move to areas where it’s most effective. Of course the situation in Congress has changed. So our strategies and tactics have changed along with it."...
  • Climate Fund with No Impact on Climate Becomes Miracle Money Stash

    12/06/2010 7:51:09 AM PST · by Ernest_at_the_Beach · 12 replies
    Hot Air ^ | December 4, 2010 | J.E. Dyer
    A number of conservative and libertarian types have pointed out that these days, smokers are basically “smoking for the children.” States are relying heavily on cigarette taxes to fund such a variety of programs that it’s practically an act of public spiritedness to buy cigarettes. And now, for residents of the 10 Northeastern states, the same can be said of flipping your light switch to the “ON” position – or, presumably, using incandescent bulbs and setting the thermostat on 72. The more electric power you use, the more money there is in the state treasury to raid for the children. ...
  • EPA at 40 -- An Agency Out of Control

    12/02/2010 11:45:19 AM PST · by Nachum · 13 replies
    Fox News ^ | 12/2/10 | Phil Kerpen
    Today is the Environmental Protection Agency’s 40th birthday. Thank you Richard Nixon: you left us a heck of a legacy on this one. The media is sure to tout the remarkable environmental progress in the United States over the past 40 years, and indeed we have never had cleaner air, cleaner water, or more plentiful wildlife. By any objective measure, environmental progress has been remarkable over the past 40 years, but it was also remarkable for decades before the creation of the EPA, and indeed every advanced economy has seen dramatic environmental improvement, regardless of its regulatory model.
  • No Reason To Ration

    11/29/2010 6:11:38 PM PST · by Kaslin · 8 replies
    IBD Editorials ^ | November 29, 2010 | Staff
    Radicalism: A group of academics wants to force rationing in developed countries to turn back what they see as the carbon threat. How does this differ from a socialist group demanding the seizure of private property? Negotiators from 192 nations will be in the Mexican beach resort of Cancun through Dec. 10 trying to hash out a deal they believe will curb global warming. The hot air won't be from the ocean breezes but from the negotiators' own carbon dioxide emissions. There will be plenty of nonsense from politically motivated academics, starting with Kevin Anderson, director of the U.K.'s Tyndall...