Environmental Capital - WSJ.com : Big Cut: U.S. Companies Give Washington Their Climate-Policy Wish List

...But to avoid any economic shocks to the sytem, USCAP wants a “significant” portion of emissions permits given away for free to big polluters. That’s pretty similar to most climate bills that have bounced around Congress in recent years, with early giveaways giving way to auctions of the valuable emissions permits in later years.

Finally, the kind of cap-and-trade system that is politically achievable will do little to actually tackle two of the biggest challenges facing the U.S.—energy generation and transportation. That means the government will have to come up with a raft of other mandates, subsidies, and sundry other policies to speed development of things like clean coal and to make the transportation sector more environmentally-friendly.

Specifically, through at least 2025, the market price for carbon emissions will be too low to spur investment in so-called clean-coal technology, which is a lot more expensive than traditional coal.

Hansen's Digits « Climate Audit

I disagree with both Luboš and David and don't see anything remarkable in the distribution of digits.

Hall of Record: Changes From 2004 To 2008

Back in 2004, the economy was booming, the Democrats were saying the war in Iraq was lost, and the IPCC [Intergovernmental Panel on Climate Change] was predicting rapidly rising sea levels and Minnesota having a climate like Tennessee.

Amazing what 4 years can do. Watch this and be amused at how scientists were able to project massive climate changes based on a few years of El Nino affected temperature increases.

I'm sure Minnesota is somewhat disappointed that the predictions were nonsense.