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In a surprising development today, the New York Stock Exchange (NYSE) has withdrawn its proposed rule change previously submitted to the Securities and Exchange Commission (SEC) to allow “Natural Asset Companies” to be traded in the U.S. market. Idaho Dispatch explained in this article that Natural Asset Companies (NACs) were defined by the NYSE to be, “Corporations that hold the rights to the ecological performance of a defined area and have the authority to manage the areas for conservation, restoration, or sustainable management.” Also mentioned in the previous Dispatch article was the strong opposition to NACs by Marlo Oaks, the...

The European Parliament just voted down a measure that would have attempted to revive its carbon market, likely dooming it to a slow and undignified death. This was a last-ditch effort to drive the EU’s carbon price back to a level that would incentivize green reforms. And it failed. --------------------------------------------------- The EU has been the global laboratory testing the green agenda to see how it works. Today’s story means that the guinea pig died; the most important piece of green intervention in world history has become an expensive and embarrassing flop. It’s hard to exaggerate the importance of this for...

In November, I and CEI sued the Department of the Treasury to produce emails and other records mentioning “carbon”. See Joint_Scheduling_Agreement PDF I sought emails and other documents from two offices: Environment and Energy (really), and Legislative Affairs. This action after the administration first ignored us, which they followed with an unfortunate stumble, trying to delay us with fees — even absurd and surely anti-’green’ ones, like $1,800 to photocopy electronic mail, typically copied on a disc for no charge — which fees, even when they’re not mindlessly trumped up like that one, not-for-profit groups which disseminate government information are...

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...

Health care isn't the only destructive White House priority running into trouble in the Senate. Yesterday, Barbara Boxer (Marin County) and John Kerry (Nantucket) announced that Democrats won't release their cap-and-trade bill next week as scheduled after all, but will instead postpone it for up to a month. It's far too early to say that carbon tax and cap is dead, but mark this delay down as one more sign that it remains well short of 60 votes.... Ms. Boxer and Mr. Kerry insist that all systems are still go, though it didn't sound that way when... Cap and tax...

The spin is that it's a program to help save the environment. The reality is that the UN-sponsored issuance and trading of carbon credits will reward the worst polluters, and will actually help many companies literally poison their neighbors and make the areas surrounding their facilities uninhabitable. Check out what's going on in Gujarat, India.

I have changed my mind about participating in the carbon credit program. And have resolved to give the money I received to St Jude’s Children’s Hospital. Here is why. Recently I sat in the fire hall with a few dozen farmers. We had been invited to hear how we can get paid for carbon credits. The speaker explained how their satellites can measure the carbon in our land individually and how much money we could get. Then asked for questions. I asked “what is the source of this money”? The presenter said it comes from big companies that pollute. I...

Sydney, Australia - Rothschild Australia and E3 International are set to become key players in the international carbon credit trading market, an emerging commodity market that analysts estimate could be worth up to US$150 billion by 2012. In a move that will re-shape the fledgling emissions trading market, Rothschild Australia and E3 International today announced their intention to launch the Carbon Ring Consortium -- an investment vehicle that will provide companies in the Asia Pacific Region with an innovative way of learning about and understanding their risks in the new carbon market. The Carbon Ring Consortium is the first of...

NY officials want older trucks fitted with emission-reducing equipment; cost put at $195M ALBANY, N.Y. (AP) -- New York is taking steps to reduce diesel emissions in its construction fleet. The Department of Environmental Conservation is floating proposed regulations requiring trucks made before 2007 to be fitted with emissions-reducing equipment and to use ultra-low-sulfur fuel by 2011. The new regulations would apply only to state-owned trucks or trucks used for state contract work. The DEC estimates it will cost $195 million to retrofit about 30,000 state trucks. The New York State

A report about why global warming due to carbon dioxide is flawed hypothesis based off of crappy math models. Some of these guys are from the UN's IPCC who left because they so strongly disagreed. Oh, also to give you an idea of how many scientists that is compared to those who think global warming is occurring thanks to carbon dioxide: "The over 650 dissenting scientists are more than 12 times the number of UN scientists (52) who authored the media hyped IPCC 2007 Summary for Policymakers. " Here's the senate.gov link to where these quotes come from: http://epw.senate.gov/public/index.cfm?FuseAction=Minority.Blogs&ContentRecord_id=2158072e-802a-23ad-45f0-274616db87e6 Here...

With temperatures falling since 1998's peak, and much of the nation shivering, global warming propagandists become have become shriller, even asserting counterfactual propositions. Case in point: Seth Borentstein "science" reporter for the Associated Press. Noel Sheppard of Newsbusters debunks the "global warming is accelerating" nonsense offered by AP to gullible (or mendacious) editors in newsrooms across the country. It is remarkable to see bald-faced lies so readily debunked. The willingness of media outlets to

The black soot that big rig trucks belch from their chugging diesel engines may soon become a thing of the past. In one of the more far-reaching smog regulations that California has ever proposed, state air regulators are considering a first-in-the-nation plan that would require nearly every privately owned, heavy diesel truck in the state to install a filter that would reduce emissions of soot from their rigs by 85 percent. The new regulation would affect 1 million truckers, half of them registered out of state who regularly drive on California freeways. If approved by the California Air Resources Board...

SACRAMENTO, Calif. -- California's utilities, refineries and large factories must transform their operations to cut greenhouse gas emissions as part of a new climate plan before state regulators. On Thursday, the California Air Resources Board was expected to adopt what would be the nation's most sweeping global warming plan, outlining for the first time how individuals and businesses would meet a landmark 2006 law that made the state a leader on global climate change. It would hold California's worst polluters accountable for the heat-trapping emissions they produce _ transforming how people travel, utilities generate power and businesses use electricity. At...

<p>NEW ORLEANS (AP) - Snow is falling in the New Orleans area.</p> <p>The National Weather Service says a mixture of sleet and snow is falling Thursday morning from Baton Rouge east across much of southeastern Louisiana.</p> <p>The winter weather closed some schools and created hazardous driving conditions.</p>

Companies and individuals rushing to go green have been spending millions on “carbon credit” projects that yield few if any environmental benefits. A Financial Times investigation has uncovered widespread failings in the new markets for greenhouse gases, suggesting some organisations are paying for emissions reductions that do not take place. Others are meanwhile making big profits from carbon trading for very small expenditure and in some cases for clean-ups that they would have made anyway. The growing political salience of environmental politics has sparked a “green gold rush”, which has seen a dramatic expansion in the number of businesses offering...

BARNET, VT. -- Sara Demetry thought she had found a way to atone for her personal contribution to global warming. The psychotherapist clicked on a website that helped her calculate how much heat-trapping carbon dioxide she and her fiance emitted each year, mostly by driving and heating their home. Then she paid $150 to e-BlueHorizons.com, a company that promises to offset emissions

Global Warming, as we think we know it, doesn't exist. And I am not the only one trying to make people open up their eyes and see the truth. But few listen, despite the fact that I was one of the first Canadian Ph.Ds. in Climatology and I have an extensive background in climatology, especially the reconstruction of past climates and the impact of climate change on human history and the human condition. Go to link for remainder of article: http://www.canadafreepress.com/2007/global-warming020507.htmJohann "Algore" Tetzel came to town selling eco-indulgence, carbon credits. (When a coin in the carbon pot rings, out of...

Are you feeling depressed about recent global warming news? Does your massive fuel burning SUV cause you anxiety whenever you see a fuel miser Hybrid tooling down the road? There is a way to ease your conscience and become an environmentally responsible citizen of Planet Earth. That way is the purchase of Carbon Credits. Please take a moment to view the several sites listed below and take the actions necessary to help end Global Warming. It's up to you.

But if you have carbon markets, why do you need subsidies? Living in a carbon constrained world looks inevitable. Congress will be voting on a number of proposals to set limits on the emission of greenhouse gases later this year. So industrialists see the policy handwriting on the wall and are now rushing to help shape the emerging greenhouse gas (GHG)emissions regulatory scheme. In January the U.S. Climate Action Partnership, consisting of 10 big companies including DuPont, Alcoa, General Electric and Duke Energy, issued a "blueprint for a mandatory economy-wide, market-driven approach to climate protection." Also in January, the Electric...

Britain is to send the author of today's landmark review on global warming to try to win American hearts and minds to the urgent cause of cutting carbon emissions - as it emerged yesterday that the government has already signed up former US vice-president Al Gore to advise on the environment. Sir Nicholas Stern, who this morning publishes an authoritative report on climate change warning that inaction could cause a worldwide recession as damaging as the Depression of the 1930s, will lobby politicians and business people in America at the turn of the year. In a separate development, the environment...