Lawrence Solomon: Catastrophism collapses | FP Comment | Financial Post

G20 leaders in Toronto tried to avoid the fate of colleagues felled by warming advocacy
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Last week’s G8 and G20 meetings in Toronto and its environs confirmed that the world’s leaders accept the demise of global-warming alarmism.

One year ago, the G8 talked tough about cutting global temperatures by two degrees. In Toronto, they neutered that tough talk, replacing it with a nebulous commitment to do their best on climate change — and not to try to outdo each other. The global-warming commitments of the G20 — which now carries more clout than the G8 — went from nebulous to non-existent: The G20’s draft promise going into the meetings of investing in green technologies faded into a mere commitment to “a green economy and to sustainable global growth.”

These leaders’ collective decisions in Toronto reflect their individual experiences at home, and a desire to avoid the fate that met their true-believing colleagues, all of whom have been hurt by the economic and political consequences of their global-warming advocacy.

CDM Panel Calls for Investigation Over Carbon Market Scandal - PRNewswire - Wire - BradentonHerald.com

/PRNewswire-USNewswire/ -- Certified Emissions Reduction Units (CERs) for the destruction of HFC-23 represent over 1/2 of the CDM credits issued to date. The CDM's HFC-23 projects pay 65-75 times more for HFC-23 destruction than the manufacturers pay. A revision request submitted by CDM Watch to the CDM Executive Board provides overwhelming evidence that manufacturers are gaming the CDM system and undermining carbon markets by producing potent greenhouse gases (GHGs) just so they can get paid to destroy them. The revision request called for an immediate overhaul in the rules governing the number of credits being issued and removal of the perverse financial incentives that currently exist.