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Keyword: carboncredits

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  • France, Germany, Canada call on world to put price on carbon

    12/01/2015 4:11:02 AM PST · by HomerBohn · 33 replies
    MSN/AP ^ | 12/1/2015 | SETH BORENSTEIN
    LE BOURGET, France — One of the smartest ways to fight global warming is putting a price on carbon dioxide pollution, some key world leaders said at Monday's international climate summit. Either a tax on carbon dioxide emissions or trading carbon pollution like pork bellies, which puts a price on carbon, will help use capitalism to get closer to a day when the world isn't adding heat-trapping gases to the atmosphere, according to leaders of France, Germany, Canada, Chile, Mexico and Ethiopia, as well as heads of the World Bank, International Monetary Fund and Organization of Economic Cooperation and Development....
  • Peter Goldmark - Thel Man Behind the Global Warming Scheme

    08/04/2014 6:51:50 PM PDT · by mgist · 30 replies
    Politco ^ | not sure | The Arena
    Arena Profile: Peter Goldmark Peter Goldmark currently directs the Climate and Air program for Environmental Defense Fund. Prior to joining Environmental Defense, he was Chairman and CEO of the International Herald Tribune. Peter has had exceptional careers in both the public and private sectors. His public service was highlighted by his tenure as Budget Director for the State of New York during the 1970s city- and state-wide fiscal crisis where he was an architect of its rescue; and as Executive Director of the Port Authority of New York and New Jersey through to 1983. He served as president of the...
  • UN climate change body suffers mammoth European carbon fraud [Russia, Ukraine]

    09/08/2015 11:01:00 PM PDT · by CutePuppy · 20 replies
    FoxNews ^ | 2015 September 08 | George Russell
    The United Nations body that oversees greenhouse gas reductions is reeling from another cap-and-trade scandal that may have put 600 million tons of carbon emissions into the atmosphere — roughly speaking, the annual CO2 output of Canada or Britain — while the emissions were ostensibly suppressed, according to an independent study. In the process, the fraudsters, largely in Russia and Ukraine, were likely able to transfer credits for more than 400 million tons of their apparently bogus greenhouse savings by April 2015 into Europe's commercial carbon trading system — the largest in the world — thereby undermining that continent's ambitious...
  • Surpise: EU carbon credit scheme was used to generate cash with no carbon reductions

    08/25/2015 2:17:07 PM PDT · by SeekAndFind · 6 replies
    h ^ | 08/25/2015 | Jazz Shaw
    The European carbon credit program, developed in conjunction with the United Nations, is working out just fabulously. Well… it’s at least working out fabulously for a few people. Similar to programs being developed here in the United States by climate warriors, it offers “flexibility” to various countries so it can be tailored to their individual needs. For example, if you are able to make big cuts in your carbon emissions, you get a lot of these “credits” applied to you. If there are other countries who are a bit fatter with cash but can’t manage the changes required to...
  • Salon Blogger: 'It's Time to Draft Al Gore'

    07/18/2015 7:31:56 PM PDT · by PJ-Comix · 48 replies
    NewsBusters ^ | July 18, 2015 | P.J. Gladnick
    He's tanned. He's rested. He's ready.Al Gore 2016! Wha-what? It's the premise of Salon blogger Sean Illing which reflects a growing realization among the left that Hillary Clinton is a fatally flawed candidate. Okay, fine, but is Al Gore really the best alternative they can come up with?Illing makes the case for Gore but leaves out a few fatal flaws about Mr. Global Warming. First let us watch Illing bemoan the candidacy of Hillary and why Bernie Sanders does not fit the bill as a replacement:
  • Did green madness help create the Greek debt crisis?

    06/30/2015 7:39:20 AM PDT · by Brad from Tennessee · 14 replies
    Watts Up With That? ^ | June 30, 2015 | By Eric Worrall
    The unfolding Greek financial crisis is front page news. The repercussions bank runs, unsustainable debts, deadlocked creditors could easily lead to major consequences worldwide. However misconceived the Euro currency was, its downfall will be painful on a global scale. How much of Greeces current economic problems were caused by the made Hellenic dash into renewable energy? The answer, unsurprisingly, is most likely quite a lot. Greece, like many small European economies, has placed a substantial focus on green energy, seeing it as a quick leg up into the big league an easy way to attract generous funding...
  • Pope rejects carbon pricing

    06/20/2015 8:05:54 PM PDT · by E. Pluribus Unum · 31 replies
    Ottawa Sun ^ | June 20, 2015 | Lorrie Goldstein,
    Politicians touting cap-and-trade and carbon taxes as the solution to climate change should read what the pontiff saidTORONTO-Many politicians lining up to praise Pope Francis encyclical on the environment and climate change released last week clearly have either not read it or dont understand what it says.The most significant thing in the Popes encyclical is that it alternately attacks and ignores the two most popular methods governments around the world are telling their citizens will be effective in reducing industrial greenhouse gas emissions linked to climate change.The first is carbon taxes, the second, cap-and-trade.The Pope never mentions carbon taxes (such...
  • Media Misinterpret Pope Francis

    06/23/2015 7:36:08 AM PDT · by Academiadotorg · 23 replies
    Accuracy in Academia ^ | June 22, 2015 | Spencer Irvine
    Although the media focused on Pope Franciss views on the environment, they neglected to mention some of his other notable positions in the highly-publicized encyclical Laudato Si. For example, Pope Francis had this to say about abortion, in context of respecting the environment: Since everything is interrelated, concern for the protection of nature is also incompatible with the justification of abortion. How can we genuinely teach the importance of concern for other vulnerable beings, however troublesome or inconvenient they may be, if we fail to protect a human embryo, even when its presence is uncomfortable and creates difficulties? If personal...
  • California carbon auction brings in another $1 billion

    05/28/2015 7:29:07 PM PDT · by artichokegrower · 29 replies
    Sacramento Bee ^ | May 28, 2015 | Dale Kasler
    Californias industrial firms spent another $1 billion in the most recent auction of carbon emissions credits, state officials said Thursday. The California Air Resources Board said its latest quarterly auction of carbon credits raised around $1.06 billion, making it one of the largest sales in the programs two-and-a-half year history.
  • Companies spend $1 billion in latest California carbon auction

    02/25/2015 9:36:24 PM PST · by artichokegrower · 16 replies
    Sacramento Bee ^ | 02/25/2015 | Dale Kasler
    Companies spent more than $1 billion in Californias latest sale of carbon emissions credits, making it the largest auction since the controversial cap-and-trade program began in late 2012, state officials said Wednesday.
  • Republicans outfox Democrats on climate votes

    01/22/2015 7:15:14 AM PST · by 2ndDivisionVet · 17 replies
    The Politico ^ | January 21, 2015 | Elana Schor and Darren Goode
    The GOP accepts the notion of climate change - but not the way Democrats wanted them to.Senate Republicans head-faked Democrats on climate change Wednesday, agreeing in a floor vote that the planets climate was changing, but blocking language that would have blamed human activity. In a complicated maneuver that was the first politically perilous test for Senate Republicans, the new majority party split up the votes that Democrats had hoped would force the GOP into an awkward roll call on whether they believed in the science behind climate change just hours after President Barack Obama slammed Republicans in his...
  • Venezuela climate summit calls for end to green economy - an end to capitalism

    07/24/2014 1:13:58 AM PDT · by Cincinatus' Wife · 7 replies
    RTCC - Responding To Climate Change ^ | July 23, 2014 | Sophie Yeo
    UN-backed event ends with unusual call from civil society groups to end capitalism A UN-backed conference in Venezuela has ended with a declaration to scrap carbon markets and reject the green economy. The Margarita Declaration was issued at the end of a four-day meeting of around 130 green activist groups, which the Venezuelan government hosted in order to raise the volume of civil society demands in UN discussions on climate change. The structural causes of climate change are linked to the current capitalist hegemonic system, the final declaration said. To combat climate change it is necessary to change the system....
  • New paper shows nature absorbs ~83% of man-made CO2 emissions, much more than previously thought

    09/21/2014 1:24:00 PM PDT · by Vince Ferrer · 18 replies
    A paper published today in Earth System Science Data Discussions analyzes the 2014 carbon budget and predicts man-made CO2 emissions from fossil-fuels and cement production have increased by 65% since 1990. However, atmospheric levels of CO2 have only increased by 11% since 1990, indicating that ~83% of man-made emissions have been absorbed by natural sinks, far greater than the IPCC belief that natural sinks absorb 50% of man-made emissions. Thus, natural sinks [such as the up to 30% greening of the planet over the past few decades] are expanding faster than the IPCC anticipated, CO2 lifetime in the atmosphere is...
  • Australian deserts are controlling global CO2 levels?

    05/23/2014 10:01:56 AM PDT · by Ernest_at_the_Beach · 12 replies
    JoNova ^ | May 22nd, 2014 | Joanne
    Does the world owe Australia bezillions of dollars in carbon credits? With years of La Nina rainfall on arid outback Australia, we (or rather the citizen plants of Australia) have apparently been sucking down the CO2 at a phenomenal rate: almost 60 per cent of carbon uptake attributed to Australian ecosystems. But, sigh, call me unconvinced. I think what this paper demonstrates is that consensus and simulations are not worth much, and that we dont know where global CO2 is going.And anyway, the Australian outback vegetation explosion is ephemeral. While there may have been a lot of carbon sucked out...
  • Kerry: Green Energy Will Solve Climate Change, Create 'Mother of All Markets'

    02/04/2014 8:26:30 AM PST · by rktman · 44 replies
    Breitbart.com ^ | 2/3/2014 | unknown
    Just as computer technology greatly expanded Americans' wealth in the 1990s, the clean energy market could do the same thing in the years ahead, Secretary of State John Kerry told the Munich Security Conference in Germany on Saturday. He touted climate change as a societal challenge and an economic opportunity: ... "The energy market that we are staring at--that is the solution to the climate change," Kerry continued. "Energy policy is the solution to climate change. That market, my friends, is a $6-trillion market today with 4 to 5 billion users today, and it will grow to some 9 billion...
  • EU makes carbon pollution more expensive

    01/08/2014 8:09:38 AM PST · by Olog-hai · 8 replies
    Associated Press ^ | Jan 8, 2014 10:58 AM EST
    The European Union says it is beefing up its carbon trading system to make it more expensive for utilities and other businesses to burn fossil fuels. [] The agreed proposal would postpone the sale of 900 million additional carbon allowancesa move that will tighten supply, driving up prices.
  • U.K Guardian Reporter Aboard Icebound Antarctic Ship Goes Stir Crazy

    12/31/2013 7:51:12 AM PST · by PJ-Comix · 84 replies
    NewsBusters ^ | December 31, 2013 | P.J. Gladnick
    The helicopter rescue crew is coming to take me away, ha-haaa! They're coming to take me away, ho-ho, hee-hee, ha-haaa! To the funny farm. Where I can find banana peanut butter milkshakes sprinkled with delicious carbon credits. We thought it was a joke and so we laughed, we laughed when I had said that proving global warming had trapped us in ice and that I'm going MAD!!! And U.K. Guardian reporter Laurence Topham has proclaimed himself going mad (along with his craving for banana peanut butter milkshakes) in this rather morose video diary in which he discovers that that the...
  • Tesla battery swap a fake - company gets $55M for non-existent feature

    12/08/2013 8:06:30 PM PST · by AlbertoZaragoza · 36 replies
    Doubting is thinking ^ | 9-12-2013 | Alberto Zaragoza
    The maximum amount of credits goes to a car that can go 300 miles and refuel to 95% of capacity within 15 minutes. The Tesla Model S falls short on range and, especially, on refuelling time. .... And so the joke begins. At the end of 2012, Californai decided that they needed a way to account for the Model S' ability to do a 90-second battery swap. This effectively meant it was refuelling a lot faster than its 15 minutes target, and to 100% capacity to boot. So the cancelled version remained at 4 credits, but the short-range version was...
  • Second Life for an Old Oil Field

    11/20/2013 3:33:57 PM PST · by thackney · 14 replies
    Wall Street Journal ^ | Nov. 19, 2013 | TOM FOWLER
    One of Texas' oldest oil fields, in decline for decades, has become one of the hottest places in the country to drill for crude, as energy companies create clusters of wells with layers of horizontal branches. The Permian Basin86,000 square miles centered on Midland, Texashas been pumping oil since the 1920s, though production peaked at about 2 million barrels a day in the early 1970s. For decades, geologists have known that oil could be found in different layers of rock piled up like a stack of geologic pancakes. But now drillers are starting to tap those layers simultaneously from a...
  • Administration to Press Ahead With Carbon Limits

    09/20/2013 7:00:23 AM PDT · by Oldeconomybuyer · 22 replies
    New York Times ^ | September 20, 2013 | By MICHAEL D. SHEAR
    The Obama administration on Friday announced that it was not backing down from a confrontation with the coal industry and would press ahead with enacting the first federal carbon limits on the nations power companies. The proposed regulations, announced at the National Press Club by Gina McCarthy, the administrator of the Environmental Protection Agency, are an aggressive move by Mr. Obama to bypass Congress on climate change with executive actions he promised in his inaugural address this year.
  • Carbon credits market is neither free nor worth anything--Jo Nova in The Australian:

    08/03/2013 9:42:06 AM PDT · by Ernest_at_the_Beach · 15 replies
    JoNova ^ | July 31st, 2013 | joanne
    Credit to The Australian for printing both points of view. Published as an Op-Ed today.Carbon credits market is neither free nor worth anything by: Joanne NovaFrom: The Australian July 31, 2013 12:00AM THE paradox du jour: people who like free markets dont want a carbon market, and the people who dont trust capitalism want emissions trading. So why are socialists fighting for a carbon market? Because this market is a bureaucrats wet dream. A free market is the voluntary exchange of goods and services. Free means being free to choose to buy or to not buy the product. At...
  • Time to stop arguing about climate change, World Bank says

    06/19/2013 6:59:23 AM PDT · by Toddsterpatriot · 51 replies
    Reuters ^ | Jun 19, 2013 | Nina Chestney
    LONDON, June 19 (Reuters) - The world should stop arguing about whether humans are causing climate change and start taking action to stop dangerous temperature rises, the president of the World Bank said on Wednesday. Kim Jim Yong Kim said there was 97 to 98 percent agreement among scientists that global warming was real and caused by human activity. "If you disagree with the science of human-caused climate change you are not disagreeing that there is anthropogenic climate change. What you are disagreeing with is science itself," Kim told a Thomson Reuters newsmaker event in London.
  • Thorium Reactors (Info 101 and findings by the original ORNL scientists)

    06/07/2013 6:27:51 PM PDT · by ak267 · 16 replies
    rein.pk ^ | January 2013 | Peter Reinhardt
    My last article about thorium as an alternative nuclear reactor fuel drew way more readers than I expected. I intentionally glossed over the complexities of specific reactor designs for the sake of simplicity, but in this article I want to go deeper. This article explains some of the differences between traditional uranium reactors and molten salt thorium reactors (MSRs).
  • Thunk! Thats the sound of the EU carbon credit inverse hockey stick hitting the floor

    04/16/2013 10:57:20 AM PDT · by Ernest_at_the_Beach · 18 replies
    Watts Up With That? ^ | April 16, 2013 | by Anthony Watts
    After hitting record lows back in January, there was a plan to prop up the EU carbon market. That workedfor a while. Then the backloading plan was rejected, and the real market forces took over.From: Environmental leader: EU Carbon Prices Plunge to Record LowsCarbon prices hit record lows today after the European Parliament rejected an emergency plan to boost the ailing EU carbon market.In a 334-315 vote, with more than 60 abstentions, lawmakers rejected a proposal to postpone or backload the auctioning of 900 million EU Emissions Trading Scheme allowances from the years 2013-2015 to 2019-2020. This...
  • Donilon fought off housing regulation proposals

    10/10/2010 8:13:27 AM PDT · by Enchante · 11 replies
    AP ^ | 10/09/10 | Pete Yost
    The second person, a former housing industry executive intimately familiar with of Fannie Mae's operations, agreed that Donilon was at the head of an unceasing anti-regulatory campaign that the company waged throughout his tenure. The former housing executive said that on political issues, especially regulatory oversight, Donilon was the right-hand man to Fannie Mae chairman and CEO Franklin Raines.
  • A massive and illegal geoengineering project has been detected off Canadas west coast

    10/16/2012 10:44:29 AM PDT · by Theoria · 38 replies
    io9 ^ | 16 Oct 2012 | George Dvorsky
    A private company backed by a controversial U.S. businessman has unilaterally conducted the world's most significant geoengineering project to date. Russ George, in conjunction with a First Nations village on Haida Gwaii, has dumped around 100 tonnes of iron sulphate into the Pacific Ocean in a technique known as ocean fertilization. The experiment, which is in violation of two United Nations moratoria, has outraged environmental, legal, and civic groups. The iron sulphate was dumped into the Pacific back in July, but recent satellite images are now confirming its effects an artificial plankton bloom that's 10,000 square kilometers (6,214 square...
  • Trial run for cap and trade auction

    08/29/2012 12:38:22 PM PDT · by NormsRevenge · 26 replies
    SFGate.com ^ | 8/29/12 | David R. Baker
    Come November, California will open North America's first full-scale carbon market, in which companies buy and sell the right to emit greenhouse gases from their factories, power plants and oil refineries. It's a major undertaking involving hundreds of companies and - potentially - billions of dollars. Success or failure could have big implications for California's fight against climate change, not to mention the state's fragile economy. So on Thursday, California officials plan to stage a dress rehearsal. The California Air Resources Board will hold a practice auction, giving future players in the carbon market a chance to see how the...
  • Profits on Carbon Credits Drive Output of a Harmful Gas

    08/09/2012 11:23:42 AM PDT · by Lorianne · 12 replies
    New York Times ^ | 08 August 2012 | Elisabeth Rosenthal, Andrew W. Lehrern
    RANJIT NAGAR, India When the United Nations wanted to help slow climate change, it established what seemed a sensible system. Greenhouse gases were rated based on their power to warm the atmosphere. The more dangerous the gas, the more that manufacturers in developing nations would be compensated as they reduced their emissions. But where the United Nations envisioned environmental reform, some manufacturers of gases used in air-conditioning and refrigeration saw a lucrative business opportunity. They quickly figured out that they could earn one carbon credit by eliminating one ton of carbon dioxide, but could earn more than 11,000 credits...
  • California weighs giving away more CO2 permits (to stem 'leakage' of businesses fleeing state)

    08/01/2012 10:12:08 AM PDT · by NormsRevenge · 19 replies
    Reuters ^ | 8/1/12 | Rory Carroll | Reuters
    Aug 1 (Reuters Point Carbon) - In an effort to dissuade companies in key industries facing new carbon costs from leaving the state, California is considering giving them millions of dollars worth of additional free greenhouse gas allowances, state's air regulator said on Monday. California's cap-and-trade program seeks to emulate tactics used in the European Union and Australia to address emission "leakage" - a term describing the exodus of employers from a state or country in order to sidestep environmental costs. The California Air Resources Board (ARB), the regulator of the forthcoming program, held a workshop in Sacramento on Monday...
  • Carbon prices fall to new record low $4 per ton (Australians will pay $23 thats 500% more!)

    07/16/2012 9:24:38 PM PDT · by Ernest_at_the_Beach · 10 replies
    JoNova ^ | July 17th, 2012 | joanne
    So much for that global free market.Scott the trader writes to explain that the EU CER credits are the ones people can buy and exchange for Australian Carbon Credit Units (ACCUs) but they have sunk to $4. The more expensive $9 EUA units that most commentators mention, are not exchangeable in the Australian market:The EU CER price is equivalent to about A$3.80 per tonne Almost $20 below Australias fixed price. These are the products most comparable to Australias $23/Tonne as it will be CERs that we can surrender instead of Australian Carbon Credit Units (ACCUs) to satisfy an Australian Clean...
  • The carbon corruption: Iran, Sudan, and North Korea get millions in U.N. carbon credit funds

    06/14/2012 2:30:31 PM PDT · by Ernest_at_the_Beach · 4 replies
    Watts Up With That? ^ | June 14, 2012 | Anthony Watts
    From the Washington Free Beacon by Zach Noble, how a half page of the Kyoto protocol turned into a free ride for corruption. Carbon Corruption Iran, North Korea, Sudan rack up millions by trading U.N. carbon credits The U.N. is funneling millions of dollars worth of tradable carbon credits to corrupt nations worldwide, including Iran, North Korea, Sudan, and Uzbekistan in an attempt to encourage clean energy projects in the developing world.The U.N. Clean Development Mechanism (CDM) is defined in Article 12 of the Kyoto Protocol. Western European countries fund energy projects in the developing world in order to obtain...
  • Skeptics are winning: The carbon market is dead

    02/11/2012 3:14:41 PM PST · by Ernest_at_the_Beach · 45 replies
    JoNova ^ | February 11th, 2012 | Joanne
    Skeptics are winning: The carbon market is dead The collapse of the Man-Made Myth continues apace. You may not read headlines as such (at least not in major dailies) but all the signs are there.People who we never would have imagined speaking against the Big Scare Campaign are now doing so. Key glaciers are not melting and corals are happy. Governments wont tell you its over, but they are behaving that way (the Australian one excepted, due to an election fluke that gave the Greens the balance of power). The Catholic Herald headlined it: Is the anthropogenic global warming consensus...
  • Gore home's energy use: 20 times average

    02/26/2007 4:38:04 PM PST · by wagglebee · 110 replies · 6,584+ views
    WorldNetDaily ^ | 2/26/07 | WorldNetDaily
    Al Gore Al Gore deserves an Oscar for hypocrisy to go along with the two Academy Awards his movie won last night, contends a think tank from his home state Tennessee. The former vice president's mansion in the posh Belle Meade area of Nashville consumes more electricity every month than the average American household uses in an entire year, says the Tennessee Center for Policy Research, citing data from the Nashville Electric Service. Gore's "An Inconvenient Truth, a 95-minute film warning of a coming cataclysm due to man-made "global warming," won the award for best documentary feature and best...
  • NASAs Hansen made up to $750,000 on the side in 2010

    11/19/2011 3:49:50 PM PST · by Mustang Driver · 18 replies
    Charleston (WV) Daily Mail ^ | November 19, 2011 | Don Surber
    UPDATE on November 19, 2011: The outside income estimate doubled. From Glenn Reynolds: JAMES HANSEN FINANCIAL SCANDAL? Hey, theres nothing wrong with professors making outside income. But when its for global warming activism, it does call your scientific neutrality into question. In Hansens defense, no serious person has believed that he possessed scientific neutrality for years. But anybody who owns an $8000 engraved Montres Rolex watch is clearly part of the 1%, no? THE ORIGINAL POST Government bureaucrat James Hansen pulled down up to $750,000 last year in speeches and prize money. The American Tradition Institute reported: As it waits...
  • The American 'allergy' to global warming: Why? (it's that "faith" thing)

    09/25/2011 2:22:17 AM PDT · by Cincinatus' Wife · 73 replies
    CBS News ^ | September 25, 2011 | AP
    [snip] ....What's going on? "The desire to disbelieve deepens as the scale of the threat grows," concludes economist-ethicist Clive Hamilton. He and others who track what they call "denialism" find that its nature is changing in America, last redoubt of climate naysayers. It has taken on a more partisan, ideological tone. Polls find a widening Republican-Democrat gap on climate. Republican presidential candidate Rick Perry even accuses climate scientists of lying for money. Global warming looms as a debatable question in yet another U.S. election campaign. From his big-windowed office overlooking the wooded campus of the Lamont-Doherty Earth Observatory in Palisades,...
  • Huntsman Warns That GOP Can't Win the White House by Denying Climate Science (BARF)

    09/08/2011 3:03:16 PM PDT · by ding_dong_daddy_from_dumas · 98 replies
    New York Times ^ | September 8, 2011 | EVAN LEHMANN
    "When you make comments that fly in the face of 98 out of 100 climate scientists, to call into question the science of evolution, all I am saying is that in order for the Republican Party to win, we can't run from science," Huntsman said. "By making comments that basically don't reflect the reality of the situation, we turn people off." Politico's John Harris, a debate moderator, pressed Texas Gov. Rick Perry to name the scientists that he refers to on the campaign trail as credibly refuting the international consensus that humans are contributing to global warming.
  • Australia set to unveil carbon price

    07/10/2011 2:27:13 AM PDT · by bruinbirdman · 29 replies
    France 24 ^ | 7/10/2011 | AFP
    Australian Prime Minister Julia Gillard is set to reveal the details of a carbon tax designed to help fight climate change and billed as one of the nation's biggest economic reforms for decades. Labor leader Gillard plans to tax Australia's top 500 polluters for their carbon dioxide emissions as a means of reducing pollution, changing energy use and building investment in clean sources of energy. Australian Prime Minister Julia Gillard "No longer will the nation's biggest polluters be able to pollute our atmosphere for free," Gillard told a Labor Party conference on Saturday. "From July 1 next year, the freedom...
  • High-Level Advisory Group on Climate Finance -- (New IMF Chief, setting price on Carbon strategy )

    07/01/2011 10:54:02 AM PDT · by opentalk · 3 replies
    USCan ^ | February 12, 2010 | US Climate Action network
    During a press conference on February 12, 2010, UN Secretary-General Ban Ki-moon launched a High-Level Advisory Group on Climate Change Financing (AGF). The panelists, described below, will work together to mobilize the financial resources for climate change that were pledged at the Copenhagen Summit. The groups objectives include developing practical proposals to significantly scale-up both short-term and long-term financing for mitigation and adaptation strategies in developing countries, in particular by jump-starting the mobilization of new and innovative resources to reach $100 billion annually by 2020,High-Level Panel ProfilesChristine Lagarde...Christine Lagarde Christine Lagarde made history as the first female chairman of the...
  • EU Carbon Credit trading takes a dive. In Greece, they cant hardly give EU carbon credits away

    06/26/2011 1:03:46 PM PDT · by Ernest_at_the_Beach · 26 replies
    watts up with that? ^ | June 25, 2011 | Anthony Watts
    Guest post by EcotretasCO2 tumbling downEU Carbon Credits via Bloomberg -BLUENEXT - BNS EUA 08-12 (phase 2) (PNXCSPT2:IND) - click graph for report Once upon a time, carbon trading was supposed to be the salvation for Earths climate problems. But as time went on, people started realizing that something was wrong. As usual, financial markets anticipated the move. Late last year, US carbon trading crashed. Two weeks later, it closed. In Europe, the price of CO2 emissions even flourished earlier this year. The European Union pushed for stronger policies towards renewables. And Fukushima pressed Germans chancellor Angela Merkel to abandon...
  • PG&E carbon offsets come from protected forests

    06/17/2011 4:04:44 PM PDT · by SmithL · 7 replies
    San Francisco Chronicle ^ | 6/17/11 | Susanne Rust, California Watch
    California's largest utility promises its customers green salvation through its ClimateSmart program. For every bit of energy a Pacific Gas & Electric ratepayer uses - from turning on a vacuum cleaner to powering up a computer or heating up an oven - a little part of a tree or forest is saved to erase the carbon sins of the customer. The voluntary program costs participants about $60 a year. But the company isn't telling its customers one crucial fact: Those forests were purchased years ago by a Virginia conservation group that used nearly $50 million in loans and grants from...
  • Obama Administration Spends $17.4 Million to Explore Market for Carbon Credits

    06/08/2011 5:52:50 PM PDT · by jazusamo · 22 replies
    CNSNews ^ | June 8, 2011 | Matt Cover
    (CNSNews.com) The Department of Agriculture (USDA) announced that it has awarded $17.4 million for pilot projects that will begin exploring how to establish a market for greenhouse gas (GHG) credits, a key component of a cap and trade system, to help reduce carbon and other emissions that apparently contribute to global warming.Agriculture Secretary Tom Vilsack said the projects were the foundational work for establishing an American carbon market.This is really sort of foundational work thats being done, Vilsack told reporters on a conference call on Wednesday.The $17.4 million in funding is part of the Conservation Innovation Grant (CIG) program,...
  • 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...
  • 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...
  • Its 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, todays 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...
  • N. Korea wants to trade carbon credits think this through

    03/08/2011 9:53:28 AM PST · by Mark Landsbaum · 2 replies
    The Orange County Register ^ | 3-782011 | Mark Landsbaum
    You might want to file this under another way to subsidize a tyrant who would just as soon see you dead. North Korea wants to earn real money by selling UN-backed carbon offsets from its hydro-power plants. Dont ya love it? Its sort of the double whammy (not quite triple) of bad ideas...
  • SEC Charges Seven in Global Warming Pump-and-Dump Scheme

    02/21/2011 6:34:42 PM PST · by RobertClark · 17 replies
    SEC ^ | 02/18/2011 | SEC
    FOR IMMEDIATE RELEASE 2011-46 Washington, D.C., Feb. 18, 2011 The Securities and Exchange Commission today charged a group of seven individuals who perpetrated a fraudulent pump-and-dump scheme in the stock of a sham company that purported to provide products and services to fight global warming. The SEC alleges that the group included stock promoters, traders, and a lawyer who wrote a fraudulent opinion letter. The scheme resulted in more than $7 million in illicit profits from sales of stock in CO2 Tech Ltd. at artificially inflated prices. Despite touting impressive business relationships and anti-global warming technology innovations, CO2 Tech...
  • House Energy chair Upton calls EPA climate change plan 'unconstitutional power grab'

    12/30/2010 4:58:25 AM PST · by tobyhill · 24 replies · 4+ views
    washington post ^ | 12/28/2010 | By Steven Mufson
    In an op-ed piece in the Wall Street Journal, the incoming House Energy and Commerce Committee Chairman Fred Upton (R-Mich.) teamed up with Tim Phillips, president of Americans for Prosperity, to write that the Environmental Protection Agency's plan to regulate emissions of carbon dioxide and other greenhouse gases "represents an unconstitutional power grab that will kill millions of jobs -- unless Congress steps in." Upton and Phillips complain that EPA -- despite the regulatory power given to it in 2007 under a Supreme Court interpretation of the Clean Air Act -- should await the outcome of further litigation about the...
  • E.P.A. Says It Will Press on With Greenhouse Gas Regulation (Defund the EPA)

    12/24/2010 4:44:52 AM PST · by tobyhill · 18 replies · 2+ views
    ny times ^ | 12/24/2010 | By MATTHEW L. WALD
    The Environmental Protection Agency announced a timetable on Thursday for issuing rules limiting greenhouse gas emissions from power plants and oil refineries, signaling a resolve to press ahead on such regulation even as it faces stiffening opposition in Congress. The agency said it would propose performance standards for new and refurbished power plants next July, with final rules to be issued in May 2012. Proposed emissions standards for new oil refineries will be published next December, it said, with the final rules due in November 2012; rules for existing plants would come later. But the E.P.A. was vague on how...
  • EPA seizes permit power from Texas on greenhouse gas emissions (Defund the EPA)

    12/24/2010 4:26:07 AM PST · by tobyhill · 33 replies
    Dallas Morning News ^ | 12/24/2010 | By DAVE MICHAELS
    The Environmental Protection Agency said Thursday that it will seize authority from Texas to regulate major emitters of greenhouse gases because Gov. Rick Perry and state regulators refused to implement the rules. The move caps a long dispute between Texas and the EPA, which have clashed over the Obama administration's push to regulate industrial sources of carbon dioxide emissions. State officials complain the rules will unfairly punish Texas and its energy-hungry industries when they take effect Jan. 2. While the EPA makes the rules, states implement most of the requirements of the Clean Air Act. The most likely practical effect...
  • GREEN MAKE BELIEVE: Van Jones Admits Left is PRETENDING Need for Regulations

    12/21/2010 4:43:20 AM PST · by Pacothecat · 9 replies
    GREEN MAKE BELIEVE: Van Jones Admits Left is PRETENDING Need for Regulations And Cap & Trade in Green Movement http://www.theblaze.com/stories/green-make-believe-van-jones-admits-left-is-pretending-need-for-regulations-and-cap-trade-in-green-movement/