[If the science is settled, why are alarmists constantly claiming to be surprised?]: Unpleasant surprise from Norwegian climate researchers

The amount of CO2 in the atmosphere may be 20 to 25 percent higher than previously estimated by the UN.

EcoSecurities’ founder slams board

Moura Costa told Carbon Finance yesterday that he resigned from EcoSecurities earlier this year as he disagreed with the way the company was being managed by the board, stifling the creativity and innovation of its staff. “The corporate governance adopted by the board was to the detriment of a company that leads in this space,” he said, warning that the business could suffer if it fails to react quickly to opportunities as they present themselves.

“The company still doesn’t have a CEO that will inspire the confidence of the staff,” he added. Current chief executive Bruce Usher earlier this year signalled his intention to stand down once a successor has been found. Moura Costa added: “It’s a question of staff morale and the ability of EcoSecurities to retain talent.”
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However, the inconsistency of regulatory bodies, such as the Clean Development Mechanism Executive Board, has impacted on companies operating in the space, he added. “I now realise that perhaps the capital markets are not quite right yet to support environmental finance,” Moura Costa said. “Investors like risk, [but] investors hate uncertainty – this market is full of uncertainty.”

Ecosecurities: Information from Answers.com

EcoSecurities is a business that sources, develops and trades carbon credits and carbon offsets from greenhouse gas emission reduction projects throughout the world.