Wednesday, May 02, 2012

Hidden volcanoes under the ice may be melting Antarctic glaciers

Scientists find “big variations in the temperature in the mantle across parts of Antarctica.”

Saving Europe’s flagship climate change initiative | EurActiv

EU policymakers are reluctant to send a signal to the private sector that the carbon price is subject to arbitrary change, although many market participants are calling for intervention precisely to ensure that the price will not collapse. But the biggest obstacle comes from divisions between the EU member states.

Rajan's Take: Climate Change: With the Sun transforming itself as a 4 Polar Magnetic Star, Say Hello to the New Little Ice Age!

the study points that the Sun is currently exhibiting similar solar activity to that observed during the Maunder Minimum, which occurred during the coldest
years of the Little Ice Age in the 17th century.

- Bishop Hill blog - When is a subsidy not a subsidy?

Moreover, the "£3 billion subsidy" is in fact nothing of the sort. As well as paying corporation tax, oil companies have to pay the Supplementary Charge, an extra whack of taxation charged simply because they are an oil company. The Shetland "field allowance" reduces the profits subject to this extra tax for new fields in that area. So what Left Foot Forward calls a "subsidy" is in fact a partial levelling of the playing field with other parts of the energy sector and indeed with other industry sectors.

Peter Foster: Burying carbon storage | JunkScience.com

End to $1.4-billion Pioneer carbon sequestration project is a victory for economic sanity

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