ETS 'may bankrupt power stations' | The Australian

AUSTRALIA'S electricity generators have warned the Rudd Government that power stations could face insolvency this year under an emissions trading scheme that forced such rapid change it risked "blowing up in their faces".

Norwegian Foreign Affairs Minister Jonas Store promotes the greatest scientific fraud in human history

Norwegian Foreign Affairs Minister Jonas Store led the meetings of the Arctic Council this week in Tromso, Norway, and also co-hosted a meeting Tuesday on melting ice with former U.S. vice-president Al Gore.
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Store said the latest scientific estimates on the effects of global warming — such as shrinking sea ice and rising sea levels — now exceed the worst-case scenarios from several years ago.

Twitter / Shane Snipes

Lord Nicholas Stern “Internalizing Climate Change: How Responding to Climate Change Can Lead to a New Era of Progress and Prosperity.”

Attending “The Roadmap to Climate Policy in the 111th Congress”

Our takeaway: things we didn’t hear today: taxpayers. China. India. Those are some pretty big issues. Until carbon tax proponents overcome those issues it will not be a good idea.

Incentives Matter | Coyote Blog

Global warming alarmists lament that Americans don’t understand the precautionary principle. I would say just the opposite — the whole government is run by the precautionary principle — that near infinite prophylactic spending is justified by even minuscule risks of something really bad happening. This is the recipe for bankruptcy.
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Here is the problem with this an all similar analogies — they ignore cost, both in terms of dollars and individual rights. Better examples would be:

* Would you walk out of a prison cell into freedom if there was a 25% chance of catching the flu when you rentered society?
* Would you walk into a room if there was a million dollars sitting on the floor for the taking but there was a 25% chance you might get the flu by picking up the money?