• Revolt of the Sun Kings

    • Date: 23/04/10

    Government subsidies for solar energy in Germany have reached absurd proportions, as ordinary consumers pay out billions to support solar power. Now plans to reduce the subsidies are encountering massive resistance from the industry and a number of German states, which benefit from the current arrangement. Stuart Brannigan believes that the subsidization of solar power […]

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  • After Climategate, Should Savvy Investors Short Carbon Credits?

    • Date: 06/04/10

    Just how badly have Climategate and the failure of the UN climate change summit in Copenhagen hurt prospects for a global market in carbon “offsets”? Camco International Ltd., bills itself as “a leader in demonstrating strong financial structuring and placement capabilities for carbon credits,” and is 19.5% owned by Al Gore’s Generation Investment Management. It […]

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  • EU Emissions Trading Scheme Faces New Crisis

    • Date: 15/03/10

    The International Emissions Trading Association said sales of ‘recycled’ United Nations carbon credits could damage the reputation of the European Union’s emissions-trading market, the world’s largest. The warning came after Hungary said last week it agreed to sell almost 2 million metric tons of UN credits to an unspecified broker for 4 billion forint ($21 […]

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  • California Global Warming Law May Lead To Job Losses, Report Says

    • Date: 10/03/10

    Debate over the economic effects of California’s first-in-the-nation global warming law flared this week, with a report saying short-term job losses can be expected. The state’s nonpartisan legislative analyst’s office examined 2008 economic modeling by the California Air Resources Board and concluded that it “may overstate the number of jobs” attributable to future implementation of the […]

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  • Sunil Sharan: The Green Jobs Myth

    • Date: 02/03/10

    “Green jobs” have become a central underpinning of the Obama administration’s rationale to promote clean energy. But how valid is the assumption that a “clean-energy” economy will generate enough jobs to mitigate today’s high level of unemployment — new jobless claims were up 22,000 this week — and to meet the needs of future generations? […]

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  • New Study: Global Warming Unlikely To Seriously Affect Poor People In Developing Nations

    • Date: 22/02/10

    Agricultural brainboxes at Stanford University say that global warming isn’t likely to seriously affect poor people in developing nations, who make up so much of the human race. Under some scenarios, poor farmers “could be lifted out of poverty quite considerably,” according to new research. David Lobell, an agri-boffin at the Stanford Program on Food […]

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  • Pachauri’s Methods

    • Date: 07/02/10

    The Energy and Resources Institute (Teri), of which Dr Rajendra Pachauri is the director-general, has given corporate awards to companies such as Pepsi and Honda, as well as Indian businesses. Those same companies have given financial backing to Teri through grants or paid-for consultancy work. According to Teri’s own website, Dr Pachauri and his wife are […]

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  • Climate Clash in Midwest Could Trigger Carbon War

    • Date: 12/01/10

    Climate change may have sparked its first border war. Two states are in early maneuvers for a potential legal battle over one’s effort to curtail carbon and another’s aspiration to become an energy “powerhouse.” Those divergent designs have driven coal-rich North Dakota to threaten Minnesota with a lawsuit that could rise to the Supreme Court, […]

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