Free Republic

The world’s biggest fossil fuel firms are quietly planning scores of “carbon bomb” oil and gas projects that would drive the climate past internationally agreed temperature limits with catastrophic global impacts, a Guardian investigation shows. The exclusive data shows these firms are in effect placing multibillion-dollar bets against humanity halting global heating. Their huge investments in new fossil fuel production could pay off only if countries fail to rapidly slash carbon emissions, which scientists say is vital. The oil and gas industry is extremely volatile but extraordinarily profitable, particularly when prices are high, as they are at present. ExxonMobil, Shell,...

Record snow buries Columbus By MATT LEINGANG, Associated Press Writer 52 minutes ago Snow plows and clean-up crews were to continue working overtime Sunday to dig out of a record-setting snow storm that buried Ohio's capital city and many parts of Ohio and Indiana. The heavy winter storm dumped more than 20 inches of snow on Columbus on Saturday, while blizzard conditions shut down highways and stranded air travelers in the region. The storm eventually swept into the East Coast, battering Pennsylvania and New Jersey with a line of thunderstorms. By early Sunday, tens of thousands were left without electric...

The 2007 Human Development Report says Iceland now leads annual United Nations Index. Iceland has narrowly passed Norway to take the top spot on the Human Development Index (HDI), according to the 2007/2008 Human Development Report (HDR) released by the United Nations Development Programme (UNDP) today. Norway had held the number one ranking for the previous six years. This change in ranking is a result of new estimates of life expectancy and updated GDP per capita figures, stress the Report authors. Introduced with the first HDR in 1990, the HDI assesses the state of human development through life expectancy, adult...

The EU disposes of 154 nuclear reactors altogether. The US has 104, Japan 55 ones. This more or less goes hand in hand with the respective populations (in neither case a number of reactors very far from one for every 3 million inhabitants). Is 154 reactors enough for 496,000,000 Europeans? More and more EU citizens are beginning to think it's NOT. The biggest non-EU European country, Russia apparently want more nuclear power too. Russia are presently more than DOUBLING their number of reactors, going from 29 to 59 ones. This is being accomplished with giant loans from the EU. The...

The article, from one of the world's leading newspapers, touches on what a blessing saying "hasta la vista" to socialism really can be - not to mention future prospects! Ask the people who live in the hottest city of Europe - and they don't speak "cockney" or french with a Paris accent. The fall of Communism in Russia and China in combination with the orientation towards pro-capitalism of Scandinavia has already lead to a explosion of trade between the world's 14th biggest economy, Russia, the world's 4th biggest economy, China and the 8th biggest one, the Scandinavian countries (Source: IMF...