Global Carbon Broking faces chop - Investigations

We reported earlier this month on the demise of World Future Limited, one of many fly-by-night firms flogging trendy - but very risky - green ­investments called carbon credits....

Now there's a spot of bother for 55-year-old Peter Sellers (above), who used the same Bloomsbury Place address.

He's the sole director of another carbon credit outfit, Global Carbon Broking Limited.

This has gone into provisional liquidation after the Department for Business petitioned the High Court to have it put into ­compulsory liquidation in the public interest. The case is due to be heard in November.

We caught up with Sellers not in Central London, but outside his three-storey ­semi-detached house in leafy Purley, Surrey, bought for £550,000 eight years ago.

There was £100,000 worth of cars on the drive in the shape of a new Mercedes SL and a BMW X6.

"I'm in a hurry, I can't talk," he said as he left, adding that he had not yet decided whether to fight the liquidation of his company.

Record Arctic Snow Loss May Be Prolonging North American Drought | Wired Science | Wired.com

It’s even possible that the ongoing North American drought, the worst since the Dust Bowl of the 1930s, was fueled in part by climate change in the Arctic, making it a preview of this new weather pattern’s ripple effects...Even a small amount of unnatural Arctic warming is a problem. “That little bit of warming starts all these physical processes, like loss of snow and ice, so you start absorbing more solar energy rather than reflecting it to space. That amplifies the signal,” said Overland, who says people are responsible for an Arctic uptick of about 2 degrees Fahrenheit. “It’s not just the initial warming. It’s the cascade of events.”

Live-Chatting "The Democrats' Reagan" Cover Story - The Dish | By Andrew Sullivan - The Daily Beast

Andrew Sullivan:
Yes, but the brutal truth is that the kind of sacrifice we need - a solid, big carbon tax - is just not going to go down well in this recession. The recession has been the big culprit here - along with GOP denialism and know-nothingism.
...
Maybe we could get a carbon tax in the Grand Bargain, but I worry that when future generations look back, they may wonder why we didn't see what is in front of our noses. It may be our generation's great failing.