Happy Birthday to Us! [Gallant CO2-fighting] Virgin Atlantic Turns 25

The airline also received a special birthday message from Prime Minister Gordon Brown who said:

"I'm delighted to congratulate Virgin Atlantic on your 25th anniversary. Britain is rightly proud of having the world's most innovative and competitive airlines. Virgin Atlantic and Richard Branson's vision and pioneering spirit have changed the global airline business over the last twenty-five years. People can now afford to fly to places they previously only dreamt of. Aviation underpins our economic well-being. Virgin Atlantic is now also at the forefront of developing new technologies to meet the challenge of climate change. May this pioneering spirit continue throughout your second quarter century."

Climate change fantasies - Paul Krugman Blog [Yes, this blog is actually named "The Conscience of a Liberal] - NYTimes.com

Seriously, EDF was essentially right: the costs of cap-and-trade are very, very low.

The point is that we need to be clear about who are the realists and who are the fantasists here. The realists are actually the climate activists, who understand that if you give people in a market economy the right incentives they will make big changes in their energy use and environmental impact. The fantasists are the burn-baby-burn crowd who hate the idea of using government for good, and therefore insist that doing the right thing is economically impossible.

June '08: $45 trillion needed to fight global warming | Science Blog

Total additional investment needs in technology and deployment between now and 2050 would amount to USD 45 trillion, or 1.1% of average annual global GDP over the period”, [Nobuo Tanaka, Executive Director of the International Energy Agency (IEA)] stressed.