The fickle nature of a fake free market « JoNova

Meanwhile some NGOs are waking up to the scammability of permits for invisible unverifiable goods. CDMWatch was set up by a group of NGO’s and has found the firms that sell the carbon emission offsets are lying about how much they produce, so they can sell more offsets. Who would have guessed?

HFC-23 is 12,000 times as potent as CO2, making it an ultra powerful greenhouse gas, and a hot favourite for companies who want to “destroy greenhouse gases” and get paid for it. The obvious end point in this market being that the easiest most efficient greenhouse gas to destroy is the one you didn’t make in the first place.

HFC offsets account for more than half of the 420 million CERs issued to date by the U.N.’s climate change secretariat. No one is quite sure how many are bogus, but the head of an environmental group Noe21 said it is “millions”.

Roger Pielke Jr.'s Blog: China's Energy Supply Conundrum

China needs all the energy that it can get and more. The government policies have far more to do with prioritized rationing of energy supply than any serious effort to accelerate decarbonization of the Chinese economy.

Electric cars 'bad for environment'

ELECTRIC cars are unlikely ever to replace conventional cars and could even be worse for the environment, experts have warned.

For Gulf, Biofuels Are Worse Than Oil Spill - IBD - Investors.com

Environment: Our growing addiction to alternative energy was killing aquatic life in the Gulf long before the Deepwater Horizon spill. Abandoning oil will kill more and also release more carbon dioxide into the air.