Friday, August 03, 2012

William S. Becker: On Climate Change, Nothing Ventured, Nothing Gained: Part 1
As Nicholas Stern and others have warned for a long time, addressing climate change now is far cheaper than trying to address it later, when the impacts have grown worse, some beyond mitigation. Arguing that the economy should eclipse the more insidious problem of global warming is like trying to fix the furnace while the house is burning down.
Ambani, Tata ‘Islands’ Shrug Off Grid Collapse: Corporate India - Bloomberg
About 1.6 trillion rupees ($29 billion) spent by companies including Tata Motors and billionaire Mukesh Ambani-led Reliance Industries Ltd. (RIL), to quarantine their plants from the national grid is shielding India’s biggest users of electricity from disruptions. Sixty years of missed investment targets, transmission losses and theft is prompting factories to build their own plants boosting costs in a nation that suffers from the fastest pace of inflation among BRIC nations.
Twitter / MichaelEMann: According to Pat Michaels I'm ...
According to Pat Michaels I'm a "well-known hothead" . Guess that would make Pat () a well-known...?
Former Climate Change Skeptic Blames Humans for Warming | Video | Fox News
His latest book is energy for future presidents
California defends use of offsets in CO2 market | Reuters
The lawsuit, as well as concerns about the ability of the state to revoke the credits, has sent a chill through the carbon offset market, which has seen little trading in recent months even as exchange trading of California carbon allowances (CCAs) has picked up.
Numbers offer more proof Carbon Trust should be shuttered
Besides being expensive, those off-sets are of questionable value.

Earlier this year, Vancouver Sun reporter Gordon Hoekstra discovered that 21 out of 25 projects were already underway when they were awarded millions of dollars by the PCT as an incentive to reduce their emissions.

In other words, the money was being used to subsidize investments that would have been made anyway. Other outside analysis has questioned whether reductions being made in some projects were as large as claimed.

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