Monday, May 24, 2010

ksl.com - Late spring snowstorm surprises Utahns
The storm produced the latest spring snow ever recorded at Salt Lake City International Airport.
New Plans Try to Revive Carbon Trading - NYTimes.com
BRUSSELS — Carbon trading was meant to reduce greenhouse gas emissions in the European Union by making polluting more expensive for heavy industries, encouraging them to invest in cleaner technology. But even supporters admit that the system, also known as cap and trade, is falling far short of that goal. Critics decry it as just another form of financial profiteering with little environmental benefit.

Carbon traders, for example, have been arrested for tax fraud; evidence has emerged of lucrative projects that may do nothing to curb climate change; and steel and cement companies have booked huge profits selling surplus permits they received for free.
» The Green Dog Not Barking in the NYT - Big Government
So the New York Times is lifting the curtain — just slightly — on the bankruptcies of state that are inherently demanded by the European “social democratic model” also embraced by the Obama administration to this very hour. That’s the same administration that out, of the other side of its mouth, is pressing Europe to cut off the spigot of public debt to avoid going under and dragging us with it.

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