Wednesday, March 03, 2010

CO2 Projects Suffer in ‘Unstable’ Market, Baker & McKenzie Says - BusinessWeek
March 3 (Bloomberg) -- Spending to cut greenhouse gas emissions is less appealing after last year’s climate summit in Copenhagen unsettled investors, according to an attorney at Baker & McKenzie LLP.
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Investors now favor renewable energy projects over private carbon funds, Tausk said. Doubts about the emissions markets led Fortis Bank Nederland NV to reassign carbon traders to agricultural, oil and precious metals, said Eric Boonman, head of origination for energy, carbon and commodities at the Amsterdam-based bank.
Blankenship: America’s Reg-cession Hampers Economic Growth - Roll Call
No agency fuels the reg-cession like the EPA, and no industry is under attack more than coal. The agency was lead cheerleader for the disastrously expensive cap-and-trade initiative. Driven by an ideological agenda, the EPA wants to regulate carbon dioxide as a hazardous pollutant, despite the recently exposed holes in the United Nations claim and growing public concerns about cost. This agency, created by President Richard Nixon, was never intended to be a regulatory predator, gorging on federal dollars, expanding its turf and stalking its prey — jobs.
The American Spectator : Warming Shivers
Professor John Christy, a former lead author on the UN's Intergovernmental Panel on Climate Change -- the IPCC -- has examined the effects of nearby factors on weather stations throughout the world. He said in a recent interview, "The story is the same for each one. The popular data sets show a lot of global warming, but the apparent temperature rise was actually caused by nearby factors affecting the local weather stations."
Gregory Unruh: The Cheap Al Gore
But something has changed of late. Recently, in every group, there is an outspoken minority that belittles the scientific evidence and sidetracks the discussion with misinformation gleaned from the mass media. Don't get me wrong. I am a scientist by training and I know that science only advances through skepticism and healthy debate. However, it is informed skepticism that improves our understanding. Informed scientific skepticism has driven huge advances in our knowledge of the climate system and the challenges we face. What I seem to be confronting now is popular skepticism. It's in vogue.

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