Cabinet to lock in reworked climate [hoax] policy | The Australian

FEDERAL cabinet will clear the path to an election by deciding tomorrow on the government's new climate change policy.

However, ministers are likely to resist calls for an interim carbon tax, with some warning it would be politically risky and even "suicide" this close to a poll.

CLIMATE SPECTATOR: A clean start | Alan Kohler | Commentary | Business Spectator

this morning Climate Spectator becomes the first new venture from Business Spectator, itself launched just three years ago, and Australia's first free news and commentary publication dedicated to the business of climate change.

The new website is edited by Giles Parkinson, Australia's leading journalist specialising in the business of climate change, and will include 24-hour global news on environment and emissions trading issues, daily commentary from a wide range of experts and, crucially, daily carbon and renewable energy prices.

CLIMATE SPECTATOR: The cleantech bubble blowout | Giles Parkinson | Commentary | Business Spectator

Australia’s first cleantech bubble has well and truly burst. The geothermal energy industry has lost practically all support from the investment community, and share prices are just a fraction of what they were just a year or two ago. Hundreds of millions in market value has been wiped from the board.

NC Media Watch: Long term drought in the Sierra - Prop 23 Impacts

The Sacramento Bee has an interesting story about large trees found 80 to 120 feet below the surface in Fallen Leaf Lake, indicating the lake level was once much lower and for a long period of about 200 years. Full story here.

These trees grew during the Medieval Warm Period, which lasted from about AD 950–1250.