Keyword: carbontrade

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  • Do the Math – Count the Cash

    10/26/2013 9:39:02 AM PDT · by Kaslin · 6 replies
    Townhall.com ^ | October 26, 20103 | Paul Driessen
    Editor’s Note: This column was co-authored by Dennis Mitchell.Some years ago, a telegenic televangelist built quite an empire, before publicly falling from grace and adopting a less opulent life style. But back then he liked big homes and Lear jets with Rolls Royce engines and, even though Dennis’s lab primarily did environmental monitoring, his chief pilot came there because he needed demanding analyses on the methanol fuels he used for extra thrust. The lab did the analyses uneventfully for several months, until it discovered an unpaid invoice. When Dennis inquired about it, the pilot said, “Sometimes he doesn’t pay certain...
  • Failed Emissions Trading Reform: 'The End of a European Climate Policy'

    04/17/2013 5:52:46 PM PDT · by Ernest_at_the_Beach · 7 replies
    Spiege ^ | April 17, 2013 – 12:38 PM | Interview conducted by Christian Teevs
    DPA Much of Germany's energy supply still comes from burning brown coal. Europe's once celebrated cap-and-trade system to limit carbon emissions has languished. The economic crisis has caused the price of emissions licenses to plummet, and a recent remedy to the problem has been rejected by EU lawmakers. Climate policy expert Felix Matthes tells SPIEGEL ONLINE that an opportunity has been squandered. The European Parliament on Tuesday voted down a proposal to make it more expensive for companies to burn fossil fuels, in what environmental advocates are calling a major setback in the fight against climate change.
  • Eu Carbon price loses 40% of its value in one day

    01/24/2013 11:57:20 AM PST · by Ernest_at_the_Beach · 19 replies
    Watts Up With That? ^ | January 24, 2013 | Anthony Watts
    What today’s closing graph may look like: A Tiljander-Mann hockey stickHmmm, looks like they might read WUWT, that headline below looks familiar.CO2 prices in freefall as traders despair over EU vote 24 Jan 2013 11:26 Last updated: 24 Jan 2013 13:44LONDON, Jan 24 (Reuters Point Carbon) – European carbon prices went into freefall on Thursday, dropping 40 percent at one point to a record low 2.81 euros, after members of the EU Parliament’s industry committee voted against a plan to rescue the ailing market.  http://www.pointcarbon.com/news/reutersnews/1.2151825==============================================================Yesterday’s close was 4.74 euros. The market hasn’t closed yet, so there could be some...
  • Eco-nomics: Was Stern 'wrong for the right reasons' ... or just wrong? --The Global Warming Scam --

    09/04/2012 8:52:31 AM PDT · by Ernest_at_the_Beach · 5 replies
    The Register ^ | 4th September 2012 12:38 GMT | Andrew Orlowski
    Perhaps greens just aren't the good guysAnalysis "Why should we sacrifice 10 per cent of our income today to make Bill Gates better off?" asked an MP. "As the world's [second] richest man, he doesn't need our sacrifice." The second richest man in the world, Bill Gates, is a proxy in this rhetorical question. The MP, a former Cabinet minister, is raising a fascinating and rarely asked moral question. Should we make ourselves poorer to save the rich of the future some insignificant amount of money: an amount so small, it will be a rounding error? The argument he builds...
  • California--Editorial: Jerry Brown's overheated climate rhetoric

    08/19/2012 3:44:10 PM PDT · by Ernest_at_the_Beach · 18 replies
    THE ORANGE COUNTY REGISTER ^ | Aug. 17, 2012 Updated: Aug. 19, 2012 9:07 a.m. | Editorial Staff
    Pending auctions of greenhouse-gas permits will benefit only California’s government. It's probably no coincidence that Gov. Jerry Brown recently launched a website to scare Californians into embracing his global-warming hype. The state is about to launch a cap-and-trade scheme that potentially will raise billions of dollars for the government, ostensibly to fight global warming.In reality, the money is likely to be diverted to more mundane political uses – like backfilling the huge budget hole perpetuated by Mr. Brown and the Democratic-controlled Legislature.
  • CARB’s Mary Nichols disallows presentation of public concerns on cap-and-trade carbon trading

    05/31/2012 5:44:28 PM PDT · by Ernest_at_the_Beach · 8 replies
    watts Up With That? ^ | May 31, 2012 | Guest post by Lorraine Yapps Cohen
    California Air Resources Board (CARB) met on Thursday, May 24. On the agenda was discussion toward deciding where and how to spend the billions raised from cap-and-trade carbon trading in the state.At the public meeting was Betty Plowman, who attended the meeting to present a letter on behalf of the industries that CARB calls polluters, the California Construction Trucking Association (CCTA) and California Dump Truck Owners Association. The letter describes CARB’s threats to these industries, induced by the Board’s regulations that are, in turn, based on junk science. The letter’s signatories indicate intention to seek reparations for the regulated class...
  • The Fate of All Carbon

    11/17/2011 11:08:16 AM PST · by Ernest_at_the_Beach · 22 replies
    watts up with that? ^ | November 13, 2011 | Guest post by David Archibald
    The fate of all carbon is Davy Jones’ locker. Following the post on the imminent decline in world oil production and the effect that would have on agricultural operating costs at http://wattsupwiththat.com/2011/10/27/peak-oil-now-for-the-downslope/, let’s have a look at what total peak fossil fuel production looks like and the effect that will have on climate. It will look something like this:Figure 1: World Fossil Fuel Production 1800 – 2300The figure is in millions of barrels of oil and its equivalent in energy content per annum. Peak production is in 2025. Coal production keeps rising until about 2050 but that is more than...
  • Rep. Darrell Issa opens probe of California Air Resources Board

    11/09/2011 8:43:27 PM PST · by NormsRevenge · 26 replies
    Sac Bee ^ | 11/9/11 | Michael Doyle
    The California Air Resources Board is now being investigated by the House Oversight and Government Reform Committee. On Wednesday, the committee chairman, Rep. Darrell Issa, R-Temecula, sent Air Resources Board Chair Mary Nichols a 13-page letter advising her that he was "expanding" the committee's ongoing investigation into the establishment of fuel economy standards. .. "Your refusal to subject yourself and your office to congressional scrutiny is emblematic of the core concern that many in Congress share...that CARB, as a state actor, is unresponsive to congressional concerns and unappreciative of congressional priorities," Issa wrote.
  • California commits business suicide ( Cap and trade )

    10/21/2011 12:58:44 PM PDT · by Ernest_at_the_Beach · 49 replies
    watts up with that? ^ | October 21, 2011 | Anthony Watts
    A mass exodus of business and jobs out of California will be the likely result of this madness. From the San Franscisco Chronicle:…Free and paid credits Businesses that emit more carbon dioxide than is allowed under the law will have to use “allowances” – or credits – to make up for the difference. The allowances will be mostly free when the program starts in a little more than two months, but eventually businesses will have to purchase credits in an auction – a sort of penalty for exceeding the limit. The board’s major action on Thursday was to finalize how...
  • Wikileaks: Major UN Climate Programme ‘Basically A Farce’

    09/30/2011 11:11:44 AM PDT · by Ernest_at_the_Beach · 14 replies
    watts up with that? ^ | September 30, 2011 | Anthony Watts
    Newsbytes from Dr. Benny Peiser at The Global Warming Policy FoundationA diplomatic cable published last month by the WikiLeaks website reveals that most of the UN’s Clean Development Mechanism (CDM) projects in India should not have been certified because they did not reduce emissions beyond those that would have been achieved without foreign investment. Indian officials have apparently known about the problem for at least two years. The revelations imply that millions of tonnes of claimed reductions in greenhouse-gas emissions are mere phantoms, she says, and potentially cast doubt over the principle of carbon trading. –Quirin Schiermeier, Nature News, 27...
  • Rasmussen: Just 24% Consider Al Gore An Expert On Global Warming

    09/08/2011 6:16:32 PM PDT · by SeekAndFind · 26 replies · 1+ views
    Rasmussen Reports ^ | 09/08/2011
    Despite winning a Nobel Prize and an Oscar for his work in the global warming area, most voters don’t consider former Vice President Al Gore an expert on the subject. The latest Rasmussen Reports national telephone survey of Likely Voters shows that just 24% of voters consider Gore an expert on global warming. Fifty-nine percent (59%) do not think Gore is an expert on the subject, an increase in skepticism of 12 points since March 2007. Another 18% are not sure. (To see survey question wording, click here.) While a plurality of Democrats (43%) considers Gore an expert on global...
  • 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...
  • Breaking news! Trees store carbon!

    07/19/2011 11:01:38 AM PDT · by Ernest_at_the_Beach · 24 replies
    watts up with that? ^ | July 18, 2011 | News Staff
    Who would have ever guessed trees store carbon by utilizing the gas of plant photosynthesis, carbon dioxide, and in an “immense, profound” way? From the Institute of Arctic Biology, where they seem to see no positive benefit to this, but worry about fires and insect damages instead. In a previous story, it was shown by NASA that the biosphere is booming thanks to CO2. A conifer forest in the Swiss Alps (National Park) Image: Wikipedia World’s forests role in carbon storage immense, profound FOR IMMEDIATE RELEASE 14 July 2011 FAIRBANKS, Alaska — Until now, scientists were uncertain about how much...
  • Biggest Drop in U.S. Greenhouse Gas Emissions

    04/15/2011 12:22:30 PM PDT · by Ernest_at_the_Beach · 15 replies
    World Climate Report ^ | April 14, 2011 | U.S. Energy Information Administration
    The Web’s Longest-Running Climate Change Blog April 14, 2011 Biggest Drop in U.S. Greenhouse Gas Emissions Filed under: Climate Forcings, Greenhouse Gases — In 2009, greenhouse gas emissions in the U.S. experienced their biggest drop since the U.S. Energy Information Administration began tracking them during the 1990-2009 timeframe. The EIA’s latest numbers on greenhouse gas emissions can be found in their just released report “Emissions of Greenhouse Gases in the United States 2009.” The EIA starts out with this summary: Total U.S. anthropogenic (human-caused) greenhouse gas emissions in 2009 were 5.8 percent below the 2008 total. The decline in total...
  • New Hampshire smacks down cap and trade

    02/23/2011 6:05:44 PM PST · by nhwingut · 23 replies
    The Daily Caller ^ | 02/23/11 | Phil Kerpen
    The New Hampshire House of Representatives today voted overwhelmingly — 246 to 104 — for New Hampshire to become the first state to repeal an up-and-running global warming cap-and-trade energy tax system. The state senate is expected to follow suit with a similarly veto-proof repeal. The move has major implications both in the region and nationally. Since 2008, New Hampshire has been one of the 10 members of the Regional Greenhouse Gas Initiative (RGGI), a power plant-only cap-and-trade system that holds quarterly auctions requiring electric utilities to buy carbon dioxide permits. The cost of those permits is buried in the...
  • David Evans, Carbon Accounting Modeler, Says It’s a Scam

    03/26/2011 3:33:02 PM PDT · by Ernest_at_the_Beach · 36 replies
    JoNova ^ | March 26th, 2011 | Joanne
    Dr David Evans’ address to the Anti-Carbon-Tax rally, Perth Australia, 23 March 2011.Good Morning Ladies and Gentlemen.The debate about global warming has reached ridiculous proportions and is full of micro thin half-truths and misunderstandings. I am a scientist who was on the carbon gravy train, understands the evidence,  was once an alarmist, but am now a skeptic. Watching this issue unfold has been amusing but, lately, worrying. This issue is tearing society apart, making fools and liars out of our politicians.Let’s set a few things straight. The whole idea that carbon dioxide is the main cause of the recent global...
  • 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,...
  • Barack Obama may be forced to delay US climate action

    02/28/2011 7:11:34 AM PST · by Oldeconomybuyer · 27 replies
    Guardian UK ^ | February 28, 2011 | Suzanne Goldenberg
    Barack Obama may be forced to order a two-year delay in Environmental Protection Agency (EPA) action on climate change to try to avoid a complete government shutdown, an environmental conference has been warned. Buried among the $61bn in Republican budget cuts are a series of measures that would strip the overall budget of the EPA by 30%. The Republican bill would specifically bar the Obama administration from funding programmes regulating greenhouse gas emissions, or connected to climate science and international negotiations for a deal to end global warming. It cuts funds for the post of White House climate adviser, Carol...
  • California’s AB32 cap-n-trade: “could be worse than sticky”

    02/18/2011 9:40:02 AM PST · by Ernest_at_the_Beach · 14 replies
    Watts Up With That? ^ | February 18, 2011 | Anthony Watts
    SPECIAL REPORT-The California Carbon Rush (Hold the Eureka!)It could be worse than sticky, argues Gary Stern, a power utility executive. Stern lived through the disastrous deregulation of the California power market a decade ago and fears the carbon market will be small and open to manipulation. The state refuses to set a limit for prices. Traders could learn how to corner the market (think Enron) and then hold hostage utilities and factories with no option but to buy sky-high permits on the open market.State officials say they are working on new safeguards to stop just such efforts and will unveil...
  • BREAKING: House bill unveiled late Friday cuts EPA budget by $3 billion, blocks funding ....

    02/12/2011 12:22:23 PM PST · by Ernest_at_the_Beach · 69 replies · 1+ views
    Watts Up With That? ^ | February 11, 2011 | Anthony Watts
    BREAKING: House bill unveiled late Friday cuts EPA budget by $3 billion, blocks funding for all current and pending EPA climate regulations for stationary CO2 source The Hill E2 wire reports:House GOP spending bill prohibits funding for EPA climate regsBy Andrew Restuccia - 02/11/11 07:33 PM ET A government spending bill unveiled Friday night by House Republicans would prohibit funding for Environmental Protection Agency climate regulations through September of this year.The continuing resolution, which would fund the government through the end of the fiscal year, is the latest attempt by Republicans to stop EPA from regulating greenhouse gas emissions. Republicans...
  • CA:Prop23 cap-n-trade gets tangled in environmental review...( C.A.R.B has a problem...)

    02/04/2011 10:36:01 PM PST · by Ernest_at_the_Beach · 14 replies
    Watts Up With That? ^ | February 4, 2011 | Anthony Watts
    Oh this is delicious sweet irony…they adopted a plan but didn’t bother to make a complete environmental review like any other project in the state is required to do. That’s what they get for ramrodding the thing. From the:Calif. cap-trade plan dealt blow by S.F. judgeWyatt Buchanan, Chronicle Sacramento BureauFriday, February 4, 2011(02-04) 04:00 PST Sacramento - –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. If...
  • Global warming: a classic case of alarmism

    02/04/2011 9:56:42 AM PST · by Ernest_at_the_Beach · 11 replies
    JoNova ^ | April 3rd, 2009 | Guest Post by Dr David Evans
    This is a Guest Post by Dr David EvansThe big temperature picture. Graph and insight from Dr Syun Akasofu (2009 International Conference on Climate Change, New York, March 2009).The global temperature has been rising at a steady trend rate of 0.5°C per century since the depths of the little ice age in the 1700s (when the Thames River would freeze over every winter; the last time it froze over was 1804). On top of the trend are oscillations that last about thirty years in each direction:1882 – 1910    Cooling 1910 – 1944    Warming 1944 – 1975    Cooling 1975 – 2001   ...
  • CA: State violated law in passing greenhouse gas plan (enacted rules w/o complete CEQA review)

    02/03/2011 5:42:11 PM PST · by NormsRevenge · 12 replies
    SFGate.com ^ | 2/3/11 | Wyatt Buchanan
    Sacramento -- 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. If the decision is made final, California would be barred from implementing its ambitious plan to combat global warming until it complies with portions of the California Environmental Quality Act, though it's not yet clear what the air board would have to do to be in compliance. The state's plan, which implements AB32, the Global Warming...
  • Republicans look to prohibit EPA regulation

    02/03/2011 12:26:09 AM PST · by Ernest_at_the_Beach · 15 replies
    MSNBC ^ | 2/2/2011 8:49:14 AM ET | DAVID ESPO, DINA CAPPIELLO
    WASHINGTON — Republican leaders in the House of Representatives intend to try to prohibit the U.S. environmental agency from regulating greenhouse gases, officials said, in a sharp challenge to the Obama administration. Officials said legislation to be offered Wednesday would nullify all of the steps the Environmental Protection Agency has taken on the issue, including its finding that greenhouse gases endanger public health.In addition, it seeks to strip the agency of its authority in attempts to crack down on emissions from factories, utilities and other sources. Numerous House Republicans already have introduced legislation that would hamstring the agency from moving forward...
  • House GOP Readies Ban on EPA Greenhouse Gas Regulations (ALL of 'em - polar bears hardest hit)

    02/02/2011 12:42:25 AM PST · by Libloather · 34 replies
    Fox News ^ | 2/02/11
    House GOP Readies Ban on EPA Greenhouse Gas RegulationsPublished February 02, 2011 Associated Press WASHINGTON – In a sharp challenge to the Obama administration, House Republicans intend to unveil legislation Wednesday to ban the Environmental Protection Agency from regulating greenhouse gases under the Clean Air Act and expect to advance the bill quickly, officials disclosed Tuesday night. The officials said the bill would nullify all of the steps the EPA has taken to date on the issue, including a threshold finding that greenhouse gases constitute a danger to the public health and welfare. In addition, it seeks to strip the...
  • Senators vow to strip Obama climate power

    02/01/2011 8:55:32 AM PST · by george76 · 29 replies
    afp ^ | Jan 31 , 2011
    Eleven Republican senators introduced a bill that would stop the Environmental Protection Agency from regulating greenhouse gases, which scientists blame for global warming, without explicit approval by Congress. Under Obama, the federal agency has steadily increased standards on gas emissions. The Republicans accused Obama of circumventing Congress, where a so-called "cap-and-trade" bill to mandate emission curbs died last year. "My bill will shrink Washington's job-crushing agenda and grow America's economy," said Senator John Barrasso, a Republican from Wyoming and skeptic of climate change who is leading the effort. "I will do whatever it takes to ensure that Washington doesn't impose...
  • GOP sees looming 2012 elections as key to blocking climate rules

    01/30/2011 10:13:28 PM PST · by Libloather · 13 replies
    The Hill ^ | 1/30/11 | Andrew Restuccia
    GOP sees looming 2012 elections as key to blocking climate rulesBy Andrew Restuccia - 01/30/11 07:41 PM ET Republicans are banking on the looming 2012 election to provide a political boost for their efforts to undercut the Environmental Protection Agency's pending climate change rules this year. While a bill blocking EPA’s climate authority is likely to pass the House, the legislation faces an uphill battle in the Democrat-controlled Senate, as well as a potential veto from President Obama. Still, Republicans are planning to push forward with the legislation, hoping that the threat of the 2012 elections will yield support from...
  • Hackers throw EU carbon market into intensive care ward. May be shut for weeks.

    01/29/2011 2:48:41 PM PST · by Ernest_at_the_Beach · 24 replies
    JoNova ^ | January 29th, 2011 | Joanne
    The EU carbon market is in trouble again. Shucks.  Who would have guessed?Hackers have created so much disarray the EU market has been shut down. (Reuters) – The European Commission has frozen spot carbon trade in its 72 billion euro ($97.1 billion) emissions trading scheme after carbon permits were allegedly stolen. [Reuters] A market based on an unmeasurable entity — an atmospheric nullity that-might-have-been-worse  — was asking for trouble. It’s not that the market has loopholes, it is a loophole. Offering an infinite array of ways to cheat, guarantees the crooks will come. “Lead us Not into Temptation” ought to...
  • Obama Recycles Waxman-Markey Utility Sector Target - Neglects to Inform Congress, Public (SOTU)

    01/27/2011 8:33:12 PM PST · by Ernest_at_the_Beach · 6 replies
    Globalwarming.org ^ | January 26, 2011 @ 5:01 pm | Marlo Lewis
    Last night’s State of the Union Address shows that President Obama learned only one lesson from the failure that was Copenhagen, the farce that was Cancun, the death of cap-and-trade, and the “slaughter” of House Democrats who voted for Waxman-Markey. Namely, dissemble, repackage Kyotoism in new verbiage, and press on with an agenda that voters rejected in November. Anyone paying attention to Obama EPA’s campaign to ‘legislate’ climate policy through the regulatory backdoor would expect as much. But — true confession — I was surprised when Obama proposed to restructure the U.S. electric power sector along the lines contemplated by H.R. 2454, the American Clean...
  • 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...
  • White House Plans to Push Global Warming Policy, GOP Vows Fight (Defund the EPA)

    12/28/2010 7:12:20 PM PST · by tobyhill · 22 replies · 5+ views
    Fox News ^ | 12/28/2010 | By Kimberly Schwandt
    After failing to get climate-change legislation through Congress, the Obama administration plans on pushing through its environmental policies through other means, and Republicans are ready to put up a fight. On Jan. 2, new carbon emissions limits will be put forward as the Environmental Protection Agency prepares regulations that would force companies to get permits to release greenhouse gases under the Clean Air Act. Critics say the new rules are a backdoor effort to enact the president's agenda on global warming without the support of Congress, and would hurt the economy and put jobs in jeopardy by forcing companies to...
  • EPA, Texas go to war over carbon-emission rules (What can a state do if it loses in court?)

    12/27/2010 12:41:21 PM PST · by SeekAndFind · 232 replies · 85+ views
    Hotair ^ | 12/26/2010 | Ed Morrisey
    And so it begins, and on the most fertile red-state territory in the nation. Texas, which got four more seats in the House through the 2010 Census reapportionment, has had its air-quality rules superceded by the EPA as part of its aggressive new action on carbon emissions. Governor Rick Perry promises a fight: The federal Environmental Protection Agency on Thursday effectively declared Texas unfit to regulate its owngreenhouse gas emissions and took over carbon dioxide permitting of any new or expanding industrial facilities starting Jan. 2.The EPA also set up a framework for regulating greenhouse gas emissions in seven other...
  • Early Christmas gift from Lisa Jackson: power plant greenhouse gas limits

    12/23/2010 2:21:25 PM PST · by Ernest_at_the_Beach · 18 replies
    Watts Up With That? ^ | December 23, 2010 | Ryan Maue
    Posted on December 23, 2010 by Ryan Maue EPA Agrees to Limit Emissions From Power Plants, Refineries From the NY Times:  the headline would make it sound like there was some sort of debate going on inside the EPA…First paragraph:  “Threatened with lawsuits from environmental groups, the Obama administration has agreed to issue another round of greenhouse gas limits for both power plants and refineries — this time through a provision of the Clean Air Act that allows U.S. EPA to require pollution controls at both new and existing facilities.” I’m sure the Obama administration was quaking in its boots...
  • Solar Grinch: Spain Does the Unthinkable [Cut Subsidies]

    12/23/2010 12:46:15 PM PST · by DeaconBenjamin · 14 replies · 1+ views
    thestreet.com ^ | 12/23/10 - 01:11 PM EST | Eric Rosenbaum
    NEW YORK (TheStreet) -In another sign of the desperation European finance ministers are dealing with headed into 2011, Spain has taken a step that many solar industry watchers thought was unthinkable: retroactively lowering feed-in tariff rates.Ever since the problems across the Euro zone became evident in 2010, Spanish politicians have raised the issue of retroactively lowering solar subsidies. Some argued that the move would be illegal, others that it simply wasn't possible in any rational decision-making process that took into account the fact that Spain approved the FIT structure years ago, and solar project economics were developed based on specific...
  • CA: Chicago Climate Exchange = FAIL, Now California opens “Pacific Carbon Exchange”

    12/16/2010 9:43:48 PM PST · by Ernest_at_the_Beach · 28 replies · 1+ views
    Watts Up With That? ^ | December 16, 2010 | Anthony Watts
    California hasn’t learned from the failure of the Chicago Climate Exchange this year, when a ton of Carbon traded for a mere 5 cents. Nobody wanted to buy it even at that ridiculously low price. But, like a zombie, carbon trading rises again in brain dead broken California.final day on CCX - click to enlarge Now the the AB32 madness begins, and PCarbX (which sounds like some over the counter antacid remedy) is the new trading scheme. I give it two years, max. Here’s the story from the San Francisco Chronicle.California poised to enter carbon-trading marketAndrew S. Ross Today could...
  • EPA suddenly retreating on emissions rules enforcement

    12/10/2010 10:14:06 PM PST · by Ernest_at_the_Beach · 21 replies
    Hot Air ^ | 1:35 pm on December 10, 2010 | Ed Morrissey
    As if Barack Obama didn’t have enough trouble with the progressive revolt this week after the tax compromise, the New York Times reports today on another retreat that will have Obama’s base even further outraged.  Until now, the EPA had threatened to go around a hostile Congress to enforce Obama’s goals on greenhouse-gas emissions, perhaps going as far as to pursue a de facto carbon cap.  Suddenly, after the disastrous midterms, the EPA wants more time to study the science first: The Obama administration is retreating on long-delayed environmental regulations — new rules governing smog and toxic emissions from industrial...
  • Irony alert: The unusually chilly global-warming summit

    12/10/2010 11:10:24 AM PST · by Ernest_at_the_Beach · 27 replies
    Theweek.com ^ | December 9, 2010, at 11:57 AM
    Cancun is hosting the U.N. conference on man-made climate change — amid record cold temperaturesBest Opinion:  Wall St. Pit, Independent The irony: As negotiators from nearly 200 countries met in Cancun to strategize ways to keep the planet from getting hotter, the temperature in the seaside Mexican city plunged to a 100-year record low of 54° F. Climate-change skeptics are gleefully calling Cancun's weather the latest example of the "Gore Effect" — a plunge in temperature they say occurs wherever former Vice President Al Gore, now a Nobel Prize-winning environmental activist, makes a speech about the climate. Although Gore is...
  • Report minimizes fears on California climate cap-and-trade system

    12/09/2010 10:24:57 AM PST · by SmithL · 24 replies · 2+ views
    Sacramento Bee ^ | 12/9/10 | Rick Daysog
    California's effort to cap carbon emissions by gasoline refiners, utilities and other large polluters will have little impact on consumers and businesses in the state while creating up to 623,000 new jobs over the next decade, according to a new report. Next 10, a San Francisco nonprofit group that supports green technology, estimated the state's cap-and-trade program will increase electricity costs by an average of 2.3 percent percent to 4.1 percent per household by the year 2020. The forecast – which comes a week before the California Air Resources Board's will vote on whether to approve the new rules for...
  • Monckton’s Mexican Missive #3 ( More from the Climate Summit in Cancun )

    12/09/2010 11:47:43 AM PST · by Ernest_at_the_Beach · 35 replies
    Watts Up With That? ^ | December 9, 2010 | Anthony Watts
    The abdication of the WestFrom The Viscount Monckton of Brenchley, Cancun, Mexico, Dec 9th, 2010I usually add some gentle humor to these reports. Not today. Read this and weep. Notwithstanding the carefully-orchestrated propaganda to the effect that nothing much will be decided at the UN climate conference here in Cancun, the decisions to be made here this week signal nothing less than the abdication of the West. The governing class in what was once proudly known as the Free World is silently, casually letting go of liberty, prosperity, and even democracy itself. No one in the mainstream media will tell...
  • Cancun climate change summit: UN considers putting mirrors in space

    11/30/2010 1:30:34 PM PST · by PROCON · 33 replies
    telegraph.co.uk ^ | Nov. 29, 2010 | Louise Gray
    UN scientists are to consider moves such as putting mirrors in space and sprinkling iron in the sea in an attempt to cut global warming, the head of the IPCC said. Speaking at the climate change conference in Cancun, Dr Rajendra Pachauri said the next report on global warming by the Intergovernmental Panel on Climate Change (IPCC) will not only look at the threat of rising temperatures but so-called "geo-engineering" options that could actually reverse warming.
  • Rep. Jerry Lewis to EPA: We’ll gut your funding (Opening Salvo)

    11/30/2010 1:12:11 PM PST · by SeekAndFind · 42 replies · 2+ views
    Hotair ^ | 11/30/2010 | Ed Morrissey
    Rep. Jerry Lewis (R-CA) wants to get the chair of Appropriations once Republicans take control of the House, and he’s campaigning hard to demonstrate his commitment to conservative causes. In an attempt to move the conversation away from earmarking, Lewis has fixed his sights on the EPA and its “arbitrary interpretations of the Clean Air Act,” warning EPA head Lisa Jackson that he intends on stripping the agency of funding for her climate-change agenda: Rep. Jerry Lewis is hoping to strengthen his bid to chair the House Appropriations Committee by threatening to strip funding from the Obama administration’s controversial environmental...
  • Cancun climate change summit: scientists call for rationing in developed world

    11/29/2010 11:24:10 AM PST · by 2ndDivisionVet · 86 replies
    The London Telegraph ^ | November 29, 2010 | Louise Gray, Environment Correspondent
    Global warming is now such a serious threat to mankind that climate change experts are calling for Second World War-style rationing in rich countries to bring down carbon emissions. In a series of papers published by the Royal Society, physicists and chemists from some of world’s most respected scientific institutions, including Oxford University and the Met Office, agreed that current plans to tackle global warming are not enough. Unless emissions are reduced dramatically in the next ten years the world is set to see temperatures rise by more than 4C (7.2F) by as early as the 2060s, causing floods, droughts...
  • Study: CO2 sequestration may contaminate groundwater

    11/11/2010 2:30:26 PM PST · by Ernest_at_the_Beach · 39 replies
    Watts Up With That? ^ | November 11, 2010 by | Anthony Watts
    The Chaffin Ranch CO2 driven Geyser, Utah From the “MTBE is perfectly safe department” and Duke University:Leaking underground CO2 storage could contaminate drinking waterDURHAM, N.C. — Leaks from carbon dioxide injected deep underground to help fight climate change could bubble up into drinking water aquifers near the surface, driving up levels of contaminants in the water tenfold or more in some places, according to a study by Duke University scientists.Based on a year-long analysis of core samples from four drinking water aquifers, “We found the potential for contamination is real, but there are ways to avoid or reduce the risk,”...
  • US opts out of carbon trading -- Selfish meanies - or foresighted economics?

    11/10/2010 3:25:33 PM PST · by Ernest_at_the_Beach · 9 replies
    The Register ^ | 10th November 2010 16:24 GMT | Jane Fae Ozimek
    Are market solutions, long touted as having a key role in combating global warming, on the way out? Or is news last week of the upcoming closure of the Chicago Climate Exchange (CCX) a sign that "cap and trade" is an idea whose time has passed? At issue is the question of how to encourage companies to reduce carbon emissions, without heavy-handed micro-management from above. The problem lies in the fact that companies at present incur very little penalty, beyond the raw cost of the fuel itself, for profligate use of energy (and therefore, excessive output of CO2). Governments can...
  • The Green Bubble is about to Burst

    11/05/2010 7:02:11 AM PDT · by Gomer1066 · 7 replies
    American Thinker ^ | November 5, 2010 | By S. Fred Singer
    There is a revolution coming that is likely to burst the green global warming bubble: the temperature trend used by the IPCC (the U.N.'s Intergovernmental Panel on Climate Change) to support their conclusion about anthropogenic global warming (AGW) is likely to turn out to be fake. The situation will become clear once Virginia's attorney general, Kenneth Cuccinelli, obtains information now buried in e-mails at the University of Virginia. Or Hearings on Climategate by the U.S. Congress may uncover the "smoking gun" that demonstrates that the warming trend used by the IPCC does not really exist. It has become increasingly clear...
  • It's Time To Pardon Carbon -- CO-2's bad rep is undeserved.

    11/10/2010 10:12:58 AM PST · by Ernest_at_the_Beach · 15 replies
    Forbes ^ | 10.28.10, 12:00 PM EDT | Larry Bell,
    It's high time we recognize that carbon dioxide has been treated unfairly. Not only have the good deeds of that wonderful molecule so essential to rain forests, begonias and plants that feed God's creatures been ignored, it has even come to be demonized as an endangering pollutant and climate-ravaging menace. What real evidence has been offered up to support these defamatory charges? Absolutely none. Take the EPA's CO-2 endangerment finding, for example. Shrouded under the ever- expanding blanket of the Clean Air Act, it is being applied to validate an unprecedented regulatory takeover of carbon-emitting energy and construction industry permitting....
  • Skinning The Carbon Cat With EPA

    11/04/2010 5:38:26 PM PDT · by Kaslin · 3 replies
    IBD Editorials ^ | November 4, 2010 | Staff
    Environment: Standing amid the smoking ruins of Tuesday's defeat, President Obama indicates he's backing away from a cap-and-trade law. But as great as that news is, someone still needs to watch the backdoor. It's been said that a socialist thrown out the window will come back through the front door as an environmentalist. This reminds us of something we noticed in the president's day-after concession speech. Though acknowledging the cap-and-trade law is no longer a legislative priority, Obama also said he's not giving up on the idea of restricting Americans' output of carbon dioxide. "Cap-and-trade was just one way of...
  • California: The Lindsay Lohan of States

    11/08/2010 12:05:07 PM PST · by Mikey_1962 · 47 replies · 2+ views
    WSJ ^ | 11/8/10 | Allysia Finley
    Listen up, California. The other 48 states—your cousin New York excluded—are sick of your bratty arrogance. You're the Lindsay Lohan of states: a prima donna who once showed some talent but is now too wasted to do anything with it. After enjoying ephemeral highs and spending binges, you suffer crashes that culminate in brief, unsuccessful stints in rehab. This cycle repeats itself every five to 10 years, as the rest of the country looks on with a mixture of horror and amusement. We'd feel sorry for you if you didn't constantly flip us the bird. Instead, we're making bets on...
  • Public carbon trading dead in the USA ( However California CARB is at work )

    11/08/2010 10:14:06 AM PST · by Ernest_at_the_Beach · 25 replies
    Watts Up With That? ^ | November 8, 2010 | Anthony Watts
    Public carbon trading dead in the USA Posted on November 8, 2010 by Anthony Watts Gore’s grand experiment has flatlined. As we reported almost two weeks ago, the Gore and Pachauri advised Chicago Carbon Exchange (CCX) has closed. Closing price? A nickel per ton of CO2.Here’s the final day closing page for posterity:A 16 lb bag of charcoal briquettes is worth more than a ton of CO2. About 220x more. Here’s more on the story:Carbon Trade Ends on Quiet Death of Chicago Climate ExchangeBy John O’SullivanRepublican mid-term election joy deals financial uncertainty among green investors as the Chicago Climate Exchange announces...