A new post containing a cartoon from Josh will appear every hour. At the end of the 24 hours, everything will be collated on a single page. Readers are encouraged to post skeptical arguments below, as well as offer comments on what has been seen from the Climate Reality Project so far.
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Carbon credits are the new indulgences.
Too bad though that carbon credits are on the way out, failing big time:
Death of a carbon salesman: Chicago Climate Exchange
It was essentially dead when we announced on WUWT Chicago Climate Exchange(CCX) was halting carbon futures trading last year. Note the flatlined final price of 5 cents per ton:
My only question now is “what took them so long”?
From the Wall Street Journal:
ICE to Close Chicago Climate Futures Exchange
CHICAGO—IntercontinentalExchange Inc. told traders Friday that it would shut down its U.S. emissions derivatives platform, a year after acquiring its parent only to suffer sparse trading as the prospects of a federal carbon-reduction plan remain dim.
The money-losing Chicago Climate Futures Exchange venture will continue operating through the first quarter of 2012 before closing, exchange officials said in a notice. ICE will then list over-the-counter emissions contracts mirroring products listed on the platform.
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“The U.S. has not enacted carbon cap-and-trade legislation and changes to the EPA acid rain program have reduced trading activity,” ICE said in the notice. “Accordingly, Chicago Climate Futures Exchange volumes are down substantially and the exchange is operating at a loss.”
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You can still get carbon credits here, and the price is very affordable.
Josh put a lot of work into these, so if you like the work, drop by the tip jar. Unlike Gore’s CRP, he won’t spam you asking for more. Buy him a beer, he’s worked a long time bringing us enjoyment with only some “attaboys” sent his way.
Carbon credits looks familiar when you know this:
In 1517, Martin Luther intended to spark only a reform within the Catholic Church when he hammered his 95 Theses to the door of Castle Church in Wittenberg, Germany.
Many of Luther’s complaints about the church revolved around the sale of indulgences. Indulgences promised the purchaser the remission of sins and reduced his or her time in purgatory (a temporary hell where believers were to pay for their sins).
Sale of carbon credits = sale of indulgences
Hour 15!?!
“Are we there yet?”
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“Are we there yet?”
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“Are we there yet?”
(Thinking: kids in the back seat of a car on a two hour trip, but this is much worse.)
I always thought AL selling himself carbon credits was [self-snip]. But hey! If he can do it, so can I!
I’m GREEN!!! I just bought a year’s worth of carbon credits from myself. Trust me.
It’s dead, Jim. Someone tell Al.
Can’t shut it down in an election year, are they crazy? If I were they, I would let it run till 2013. This will be another black eye for the current executive and legislative branches of government.
Oh well, it’s not like they are blameless. Unemployment is high enough already. Death to Cap and Trade.
Gore-a-thon
Gore fest
How about G’orgy ( complete with poodle ).
Yes I know , I need to get out more. 🙂 . . . . And yes indeed “are we there yet mom?”
Al has evidently reached the bargaining stage of grief over his missing billions (ok, billions and billions, in homage to Carl Sagan) of dollars from carbon credit trading. (I’m taking his relative silence for the last few months as denial, and his angry denunciations last month as anger.)
Yeah but somewhere on the globe today someone broke a sweat. Must be catastrophic climate change.
Carbon credits aren’t 100% dead, here in the People’s Republic of California, all sorts of restrictions on carbon emissions kick in by the year 2020. If I remember correctly, AB32 does allow for carbon trading.
Thanks for this excellent work!
I’ve made a review of the most important Portuguese newspapers, and only JN has made a slight mention to Climate Reality. The others, including the most alarmist, Publico, have not mentioned the project till now…
Ecotretas
To further extend the analogy between carbon credits and indulgences, consider this… what was one of the first books banned by the Church after Gutenberg invented the printing press? Yes, it was English translations of the Bible!!! Seems that once the hoi polloi read Christ’s admonishments against “Simony” in Acts of the Apostles 8:18-24, they started questioning the Church’s lucrative practices. Notice how hard Mann etal have fought to keep their data secret (== prevent the Bible being translated to common English), to keep the hoi polloi in the dark. AGW is taking on many of the trappings and practices of a state religion.
Had to scrape my windsheild this morning in Minnesota, thanks Al.
Here is a selection of Luther’s 95 Theses to meditate on regarding “carbon credits”.
Distinguish true moral “guilt” from psychological manipulations.
How are we to distinguish man’s actions from God’s?. Why does land become a waste land? Will the earth get hotter?
Luther posting 95 theses
Carbon Indulgences being granted!
EU could dish out 700 million free CO2 credits to upgrade ageing power plants
I like that M4GW “Frozen Wasteland” video, but cringe when I see the girl pretending to play the violin. Pretty to look at, but sheesh, couldn’t they find someone up in that frozen wasteland who actually knew how to play it?