Breaking news: Cherry Picking of Historic Proportions « JoNova
A big news day. It appears Steve McIntyre (volunteer unpaid auditor of Big-Government-Science) has killed the Hockey Stick a second time…small dead animals: Put on your snorkels! Head for the hills!
...but take your time; there's no rush. The IPCC's own Third Assessment Report estimated that the global sea level is rising at a rate of 1.0 to 2.4 millimetres - one-tenth to one twenty-fifth of an inch per year. There is some regional variability; in the south of China, for example, the sea rises about a tenth of an inch per year, while in northern China it rises at a rate of approximately one-fiftieth of an inch per year.Third Major Utility Pulls Out of Chamber - Green Inc. Blog - NYTimes.com
“The U.S. chamber is in real trouble on this. It cannot claim to be the voice of U.S. businesses and oppose reasonable climate policies when its own members are jumping ship and publicly criticizing the course the chamber has chosen,” said Pete Altman, the climate campaign director of the N.R.D.C., in an e-mail message.Out the Door: Exelon Leaves Chamber of Commerce over Climate Policy - Environmental Capital - WSJ
For a company such as Exelon, which is heavy on nuclear power, climate legislation makes sense because it would penalize “dirty” electricity such as that generated by coal and reward low-emissions electricity, be that from nuclear power or renewable energy.
Depending on how climate legislation finally plays out in Congress—the Senate will take up the issue again this week—Exelon’s past investments could lead it to reap big rewards. If Congress eventually decides to dole out greenhouse-gas emissions permits based on how much electricity companies generate, then utilities such as Exelon and PG&E would stand to gain a lot more currency.
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