Update on healing the planet: Traders condemn EU's 'Mickey Mouse' carbon market after botched trading statement | Environment | The Guardian
A city trader accused the European commission tonight of running a "Mickey Mouse" carbon-trading scheme after some traders lost heavily on the market owing to a botched trading statement.Vietnam Hit By Mass Cattle Deaths | The Daily Feed | Minyanville.com
The commission is already under fire over an entirely separate fraud inquiry that has closed parts of the EU's emissions trading scheme, which is seen by many as crucial to tackling climate change.
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"This is a significant mistake on the part of the European commission. Some traders have lost a lot of money today. If I want a Mickey Mouse market, I'll go to Disneyland," one trader told Reuters.
Thanh Nien reports that Vietnam’s Department of Husbandry at the Ministry of Agriculture and Rural Development has confirmed that more 10,000 cows and buffalo have died due to extreme cold.Inhofe Urges EPW Oversight Hearings of Ethanol Policy
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The cattle deaths in Vietnam could be catastrophic for the nation’s mostly rural populations. According to the UN Food and Agriculture Organization, 74 percent of Vietnam’s population lives in rural areas, with 65 percent depending agriculture for their income.
And so, quite simply, the answer is yes. Yes, the apocalypse is here.
"EPA's latest action continues to push too much ethanol too fast," Senator Inhofe said. "Unfortunately, Congress has done little to exercise appropriate oversight of such decisions, despite growing bipartisan concerns over ethanol's mechanical problems and its economic and environmental impacts. Therefore, I am calling on Senator Boxer today to hold hearings on the nation's corn ethanol policies as soon as possible.
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