Thread: Time to Freeze Global Warming

UN Secretary General Ban Ki-moon announced that "We need to fundamentally transform the global economy, based on low-carbon, clean energy resources."

Time to Freeze Global Warming

By Phyllis Schlafly
Friday, December 17, 2010

The global warming prophets and propagandists, who enjoy living in style on other people’s money, gathered last month in the plush resort of Cancun, Mexico, where January temperatures usually hover around 80 degrees. God must have a sense of humor because Cancun was hit by its coldest temperature in a hundred years.

The first day of the conference featured an address from Mexico’s President Felipe Calderon, who spoke with much concern about global warming and the damage that humans are perpetrating on the planet. He cited the deaths of 60 people in Mexico because of weather extremes, but didn’t mention Mexico’s 22,000 deaths caused by the illegal drug trade.

UN Secretary General Ban Ki-moon announced that “We need to fundamentally transform the global economy, based on low-carbon, clean energy resources.â€

California’s Carbon Folly, Chicago Climate Exchange

Carbon Trading Schemes in Trouble and Ignored

By Jack Dini
Friday, December 17, 2010

Why are carbon trading issues that have gone awry ignored by the media? Two examples: 1-scam artists from around the world, capitalizing on lax regulations at the Danish emissions trading registry have made off with an estimated $7-billion over the last two years, and 2- the Chicago Climate Exchange (CCX) announced that it will be ending carbon trading this year. Both of these have been underreported (ignored?) by most media.

Denmark

The Danish climate emission permit registry allowed companies with no documented address trade CO2 emission permits. While allowing a free-for-all served the carbon market on the short term by appearing to inflate the interest in carbon as a commodity, it ultimately backfired when much of the trading proved to be phony. One of the companies had the address of a parking lot. Lawrence Solomon notes, “This story, greatly underreported, came to me via a Norwegian reader, Geir Hasnes, who has translated one of the few press reports to have appeared.â€