Thursday, September 24, 2009

Court decision threatens to unravel Europe's carbon market
Estonia and Poland have scored deeply significant wins in their battle with the EU over carbon quotas. In a decision that threatens to scupper Europe's cap and trade scheme, the Court of First Instance annulled the European Commission's decision to lower the carbon emission quotas of both countries.
Industry warns against "disastrous" carbon capture funding cuts - 24 Sep 2009 - BusinessGreen.com
The carbon capture and storage (CCS) industry has expressed grave concerns at reports the government is considering scaling back its £10bn plan to fund a series of CCS demonstration plants in the UK as part of its efforts to restore health to the public finances.
[email from William Kay, via Benny Peiser]
Decent word-pictures of environmentalism won't be had from those embroiled in the coil over the latest eco-imbroglio. Viewed macroscopically, environmentalism is usurping state power. Entirely for self-aggrandizement an oligarchic party is imposing a policy platform. Environmentalism isn't about mutant tadpoles and melting ice-burgs. Its about economic containment. It's an oligarchy bringing uppity capitalists to heel. This is a repeat performance. A classic rendition was given at Athens 400 BC.

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