FT.com | Willem Buiter's Maverecon | The con is on: how carbon credits neuter Cap & Trade

The political economy of the birth of this demented carbon credit/offset scheme was the perception in the rich industrial countries that the developing countries had to ‘get something’ out of the war on global warming. Perhaps they should. Carbon credits/offsets, however, are not the way to do it. An elaborate con, employing mainly consultants and specialised businesses from the advanced industrial countries, is not a solid foundation for economic development.

But of course: Did global warming help bring down Air France flight 447?

As the investigation continues as to what brought down the French airliner over the Atlantic Ocean with 228 people on board, a Russian climatologist believes global warming played a significant part.

An extremely odd prediction from Jim Rogers - Interviews-Opinion-The Economic Times

Ten years from now, it may be farmers who will drive the Lamborghinis and the stock brokers will drive tractors or taxis at best.