Carbon Credits: Irish Farmers Being Paid to Destroy Their Fields
Centuries of efforts to drain swamps to extend arable land in Ireland are being reversed, in an effort to trap more carbon.
Cuba Shows a Sudden Interest in Carbon Trading
Cuba’s dictatorship has developed a sudden interest in converting the poverty the Cuban people into hard currency carbon credit payments.
EU, UK & Australia Funding Orwellian Personal Carbon Rationing Trials
Guest essay by Eric Worrall The EU, UK and Australia are funding experiments in “flexible” carbon rationing, in which people receive a set weekly carbon allowance, with a mobile app to deduct from their allowance. Experiments in setting individuals a carbon allowance have been trialled from Finland to Australia, and some have proved popular. But…
Regional Greenhouse Gas Initiative – Successful Model?
Guest post by Roger Caiazza The Regional Greenhouse Gas Initiative (RGGI) is ten years old and has been touted as a successful example of a “cap and invest” pollution control program and now it is being proposed as the model for a similar control program in the Transportation Control Initiative. This post looks at the…
Angela Merkel Reflects Fear and Loathing Amid EU Elites…
Interesting Analysis at The Conservative Treehouse. I’m posting only a small portion. German Chancellor Angela Merkel delivered some rather strongly worded remarks in advance of the upcoming G20 summit in Hamburg Germany. Reuters frames the Merkel statements as a warning to U.S. President Donald Trump. (Reuters) German Chancellor Angela Merkel promised to fight for free…
The Economic Cost Of The Social Cost Of Carbon
Guest Post by Willis Eschenbach I’ve crossposted this from my blog, “Skating Under The Ice“. The unscientific enterprise called the Social Cost of Carbon (SCC) is a thinly disguised political attempt to justify some kind of a “carbon tax”. Of course calling it a “carbon tax” or the “social cost of carbon” is doublespeak, or…
Carbon Traders Whine Permits are Too Cheap to Make a Profit
Guest essay by Eric Worrall h/t JoNova – carbon traders are complaining that over-issuing of carbon permits, a lack of political will to make carbon trading work, has destroyed investor confidence in the industry. Tough to Keep the World From Warming When Carbon Is This Cheap Carbon markets, the free-enterprise solution to saving the world…
Stockholm Environment Institute: Carbon credits undercut climate change action
Guest essay by Eric Worrall A report by the Stockholm environment institute claims that a UN carbon credit scheme “significantly undermined” efforts to tackle global warming. According to the BBC; The vast majority of carbon credits generated by Russia and Ukraine did not represent cuts in emissions, according to a new study. The authors say…
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…