Monday, January 25, 2010

Carbon [swindle] traders quit emissions market amid drop in demand | Environment | The Guardian
Banks are pulling out of the carbon-offsetting market after Copenhagen failed to reach agreement on emissions targets
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Anthony Hobley, partner and global head of climate change and carbon finance at law firm Norton Rose, said: "People will gradually start to leave carbon desks, we are beginning to see that already. We are seeing a freeze in banks' recruitment plans for the carbon market. It's not clear at what point this will turn into a cull or a rout."  [Note: In the accompanying picture, you're supposed to think that the nasty black-looking "smoke" is carbon dioxide.]
Re: Pivot to Economic Illiteracy - Edward John Craig - Planet Gore on National Review Online
Reader A.P. takes the green jobs "argument" to its logical conclusion:
I can see a whole new economic program arising out of the boast that solar technology "produces more jobs per megawatt of energy produced than any other form of energy."

After all, why stop with energy production? In every industry, let's opt for the method of production that produces the most jobs. I can foresee machinery being produced through hand-forged parts made by individual blacksmiths; buildings constructed from mud brick by crowds of laborers; earth being turned in the fields by plows drawn by horses (or farm-wives); goods and passengers being shipped by caravans of camels. Think of all the jobs we would create!
Steve Janke: Climate panel's credibility melts over glacier goof - Full Comment
Let's watch Raj Pachauri squirm. If the planet is warming, no one has noticed it (and apparently we're in a global warming pause). It's the former railroad engineer who pretends to be the go-to guy on global warming as chair of the United Nation's Intergovernmental Panel on Climate Change (IPCC) who is the only one feeling the heat right now.

The IPCC's gaffes are being revealed at a rapid clip. As a result, Pachauri is being pressed to resign. Thankfully for rational people, he is refusing to go!
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Good for you, Pachauri. I, for one, hope you stay on as head of the IPCC. I hope you keep including bogus data in the IPCC reports, and then turn around and get grants for TERI based on those same reports. Each time you do that, you dig yourself into a hole, and pull the whole global warming alarmist cabal deeper into the same hole.

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