Thursday, October 15, 2009

Cap-and-Trade Climate Bill Would Slow U.S. Economy, CBO Head Says - washingtonpost.com
A House-passed bill that targets climate change through a cap-and-trade system of pollution credits would slow the nation's economic growth slightly over the next few decades and would create "significant" job losses from fossil fuel industries as the country shifts to renewable energy, the head of the Congressional Budget Office told a Senate energy panel Wednesday.
Terence Corcoran: Trillion-dollar black holes - Full Comment
The Copenhagen-based platform for these trillion-dollar economic schemes is being drafted at a time when many nations are already reeling — and when there is growing doubt about the validity and credibility of the science. Will the politics follow the dismal and risky economics and science of climate policy at Copenhagen? Whatever happens, catastrophe looms. If Copenhagen adopts extreme targets and objectives, the world economy will face more trillion dollar crises. If Copenhagen fails, the catastrophe will fall on climate change activists and their political proponents. Either way, it won’t be pretty.
BP signs carbon management deal
The BP deal will see Carbon Conscious begin planting trees in 2010, at an initial cost of $2.5 million.

BP will then pay ongoing licensing fees.

Both companies will share in the value of the resulting carbon offsets over a 15-year period.
The American Spectator : The Nobel Show Horse
The five Norwegian Socialists fell for the global warming hoax and, in 2007, awarded the Peace Prize to its chief propagandist, Al Gore (they may have been worried that rising sea levels would swamp fishing villages on the fjords).
Desperately Seeking A Place Out Of The Cold -- Courant.com
As Monday night wore into Tuesday, he was joined by more and more men, all looking for a cot indoors during the harsh winter months.

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