Sen. Pat Roberts: Carbon tax would hurt already fragile economy | Wichita Eagle

The folks trying to sell this idea will spend a lot of time talking about how the revenues from this tax can be offset by reducing other taxes. That is nonsense. Proposed as a small tax, it would be hidden in a way that would make it easy to raise over time, like nearly every other tax.
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Carbon taxes have been enacted in other countries, and they have been a failure. Australia recently imposed an energy tax (also pitched as a “carbon” tax). The predictable result was increased costs for hospitals, farmers and people on fixed incomes. Interestingly, there is one organization thriving as a result of this policy. The Australian government has had to hire more bureaucrats to keep up with the paperwork.

What’s even more troubling is that this proposal, if implemented unilaterally and without participation by countries such as China and India, would do almost nothing to lower global temperatures, which is the point of carbon-reduction proposals. So U.S. industries would be placed at a competitive disadvantage to China and India with absolutely no environmental gain.

A carbon tax would be a hardship for consumers and disastrous for the economy. As a senior member on the Senate Finance Committee, I will fight this idea at every turn.

Deutsche Bank Faces Fine for U.S. Power-Market Manipulation - Bloomberg

Deutsche Bank AG (DBK)’s energy trading unit faces a $1.5 million fine and must give up $123,198 in profit for allegedly manipulating U.S. power markets, the Federal Energy Regulatory Commission said.

Power industry's carbon [dioxide hoax scam swindle] gift - business | Stuff.co.nz

Prices on the carbon market have plunged to about $5 a tonne for NZ carbon credits, and around $4 for imported foreign credits.
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One analyst, Dr Geoff Bertram of Victoria University, calculated the difference between the real cost of carbon and what consumers are being charged is producing a $566 million windfall for the power generators.

Quadrant Online - The CSIRO sold us a PUP

The “Planet under Pressure” conference (PUP) in London in March, 2012, is now just a historical curiosity. It was meant to turbocharge the Rio + 20 eco-summit last June but that summit never quite took us to its poverty-ending, green global economy.

However, the London warm-up is worth a second look, if only because

More than 40 CSIRO people attended.[1] Assuming $6000 per head on fares, hotels etc, that’s a quarter-million dollars
Another 40 Australian scientists and academics also went along – make that a half-million dollars total.[2] [3] Did any attend the conference session on “Reinforcing sustainable travel behaviour”?