The Pope puts the kibosh on carbon credit trading, calling it a ‘ploy’

Maurizio Morabito originally observed that the Pope’s climate encyclical was a “damp squib”. For the most part it is harmless, but it does confront carbon credits and a “ploy”, albeit Pope Francis believes that some “radical changes” are needed.  He is against materialism and consumption-  nothing new there.    Reading it, one can’t be certain he is…


California Moves to Revoke Carbon Credits After Inquiry

California, operator of the nation’s biggest carbon market, plans to revoke offset credits issued to EOS Climate Inc. and Environmental Credit Corp. for ozone-depleting substances destroyed at a plant in violation of its federal permit. The companies operated projects that delivered refrigerants, proven to destroy the earth’s ozone layer, to aClean Harbors Inc. (CLH) complex…

$260 / ton for carbon – the price of salvation

Lord Stern: Models ‘grossly underestimate’ costs of global warming Submitted by Eric Worrall Lord Stern, the British Academic who prepared the “Stern Review” on global warming for Prime Minister Tony Blair, has just claimed a carbon price of up to $260 / ton is required to prevent dangerous global warming.

Lords a leapin

Guest post by Mike Jonas From the UK’s BBC comes this news item: Trillion-euro shortfall facing EU energy sector – Lords Committee Under the obligatory photo of chimneys spewing steam, is a totally uncritical article on the final report from an eight-month inquiry by the UK’s House of Lords into the EU power sector. The…