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Aus: Carbon changes will hit budget surplus
AUSTRALIA’S carbon price will be set by the volatile European market from 2015 under changes announced by the Gillard government that could hit the budget bottom line and cut incentives for switching...
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Aus: Combet’s cut-price carbon caper blows $25 billion budget black hole
<chuckle> That tax that “wasn’t about revenue”? Abandoning the “floor price” just ripped another hole in the Green/Left government’s budget. THE carbon floor price is dead, but it certainly...
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Designers Set Sail, Turning to Wind to Help Power Cargo Ships
“If the world’s shipping fleet were a country, it would be the world’s sixth leading emitter of greenhouse gases. To reduce those emissions — and, not incidentally, to conserve expensive fossil fuels —...
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Aus: Fear wind energy might be losing its puff
WINDFARMS have vowed to fight a rearguard action against changes to the renewable energy target as a potential plummet in the carbon price to $12 a tonne in 2015 raises new fears that the renewable...
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Public relations fail, straight from the green wackos – updated
Even though it is Fathers’ Day in the land Down-Under and I have a father to fete and children with whom to celebrate I must just share some correspondence received, apparently sincerely*, from...
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Aus: Europeans have the last laugh on ETS
Whenever the Gillard government was told the bleeding obvious about the negative impact its carbon tax would have on our economic fortunes its response was defiant. Never mind that the carbon tax is...
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Aus: Rushed carbon permit auction to prop up budget
The federal government plans to bolster its sagging budget bottom line by a near tripling of the auction of carbon emissions permits in 2013-14. Draft changes released over the weekend, and designed to...
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Aus: Eurocrats laugh at our scheme all the way to bank
IT is easy to find ways to poke fun at the EU and the tendency of its Brussels-based bureaucrats to draft detailed directives on the contents of sausages, the shape of vegetables and many other aspects...
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Tim Wilson: EU Carbon Link Just More Hot Air
ANY business that buys cheap European emissions permits now may find them worthless by the end of the year. Linking emissions trading schemes isn’t as easy as the Gillard government makes it out to be....
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Aus: Labor momentum stalls as support for Greens hits three-year low
Actually the Socialist Labor Party didn’t really have any momentum, just one lone rogue poll on which the left pinned its hopes. Composite post on contemporary Australian politics and why we say the...
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California Ramps up Policy That’s Taboo on Campaign Trail
Funny how carbon scammers are keen to talk up Australia’s doomed tax and catastrophic linkage to the EU suicide pact. Kind of like someone holding a gun pressed to their temple and yelling “Stop...
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Poor seek to cut CDM access at UN climate talks
More than 130 of the world’s poorest nations have sought to pressure richer countries to agree new legally-binding goals to cut greenhouse gas emissions by threatening to deny them access to cheap U.N....
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EU Carbon Permits Are Second-Fastest Rising Commodity
Let’s see, worthless plus 10% is … European Union carbon was the second-fastest-rising commodity this month after northwest European naphtha. United Nations emission credits dropped in August, as their...
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Aus: Carbon compo for brown coal a bigger waste than BER and pink batts
On Australia’s Green/Left policy train wreck: “WHILE last week’s backflip by the government on the removal of the carbon pricing floor was broadly welcomed by those facing the prospect of paying the...
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Aus: Govt breached faith on power stations: Greens
The tinkerbells are always upset when reality intrudes. AUSTRALIAN Greens leader Christine Milne says the federal government was never really committed to closing down the nation’s dirtiest power...
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Carbon trading market research boosted
China is researching the foundation of a national carbon-trading market before linking with other countries’ carbon trading schemes, said a top climate change official. The United States, Australia,...
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No early Australian link to Californian carbon market
No late one either. After announcing this week it will link its future carbon market to the EU’s, Australia may look to California next as a potential emissions-trading partner, but the US state may be...
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Again with the carbon dioxide “pollution” meme
Australian polluters to save A$2.5 billion in CO2 costs: analyst Australia’s top polluters, from steel firms and coal miners to airlines, will save about A$2.5 billion over 5 years after a decision to...
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Andrew Bolt: Waking too slowly from our green daze
How is business meant to plan investments, when the Gillard Government changes its mind so abruptly on taxes and mad multi-billion schemes? Dennis Shanahan: The decision to end the negotiations to buy...
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International airline carbon emissions tax delayed
Today, the European Union institutes a one-year delay in its cap-and-trade rule that would have required all airlines traveling to and from Europe to buy permits for the amount of greenhouse gases...
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California Cap-and-Trade auctions start tomorrow
California launches the second largest carbon market in the world when it will hold the first-ever cap and trade auction for climate change tomorrow at 10 am PST. California carbon market kick-started...
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EU Carbon Permits ‘Worthless’ Without Change of Rules, UBS Says
“With current rules ETS won’t work until 2045, thus carbon is worthless.” “Carbon-dioxide permits in the European Union emissions trading system, the world’s largest, are “worthless” without a change...
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Falling EU carbon price should inspire greater mitigation efforts
Except that emissions are increasing and EU carbon prices are low because the market is failing, not because it’s inexpensive to reduce emissions. Read more at NanoWerk.
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European carbon price ‘inching ever closer to zero’
“”Dramatic”, “enduring”, “meltdown” – the words used by leading analyst firm Thomson Reuters Point Carbon to describe the continued slump in global carbon prices could not be starker.” Read more at The...
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Carbon Prices Drop — Despite EU Vote to Prop Up Prices
The EU would argue that the manipulation worked since the price didn’t drop to zero. From the Wall Street Journal: European lawmakers Tuesday backed changes to revitalize the credibility of the...
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EU to vote tomorrow on propping up carbon market; Delay sought in issuance of...
“With prices languishing at less than €5 per tonne – because of a glut of the carbon allowances that allow companies to pollute without penalty – it risks instead becoming an embarrassing EU policy...
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EU rejects effort to prop up carbon credits
The EU will flood the carbon market with another 900 million tons of credits, sure to force already low carbon prices even lower. Read more at the Washington Post.
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Irish PM says EU Parliament vote against carbon market manipulation not...
“We are not prepared to allow this issue to die. We have a working party, and we will see what we have to do to put [this issue] up to people in a democratic process.” Read more at The Guardian.
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EU carbon vote hurts UK companies: UK carbon tax to hit £30 by 2020 as...
“Tuesday’s vote means prices in the EU emissions trading system, the world’s largest carbon market, are likely to stay at about €3 a tonne for at least the next seven years, analysts say.” Read more at...
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Terence Corcoran: The missing costs of carbon policies
“Carbon trading and clean energy policies fail because costs exceed benefits.” Read more at the Financial Post.
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Navigating the American Carbon World (with the UN)
There is much activity in the UN climate arena at the moment, as they push for yet another “Global Agreement on Climate Change” At the moment, UNFCC executive secretary, Christina Figueres is boasting...
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WaPo: Europe ‘a green-energy basket case’, ‘dysfunctional’, Kyoto ‘not...
Hits Germany for shutting its nukes, Spain for over-investing in renewables, and France for not fracking — but still urges a carbon tax for the U.S. Read the Post editorial. To its (partial) credit,...
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International Carbon Lunacy in Dire Straits: Australian carbon tax cut...
We owe the Euros and Aussies a debt of gratitude for proving that carbon trading and taxing is lunacy. The Australian Financial Review reports: Federal Minister for Climate Change Greg Combet has...
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ExxonMobil CEO: No carbon tax
Good, no carbon tax would accomplish anything, anyway. The Cleveland Plain Dealer reports: CEO Rex Tillerson said he does not support a “carbon tax,” referring to proposals advocated for years by...
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EU approves move to manipulate carbon prices upward
The New York Times reports: The European Parliament approved on Wednesday a measure designed to revive sagging prices and confidence in the European Union’s emissions trading system, the centerpiece of...
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Capitalists selling the rope: JP Morgan Chase, Cargill want UN-appointed...
Bloomberg News reports: United Nations envoys meeting in November should appoint a regulator to link carbon markets emerging from China to California and stimulate investment in emission-reduction...
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Driessen Goes Downtown
Paul Driessen writes a regular column for Townhall, and is an ally of those who propose sensible policy on energy and environment issues. He and I agree with few quibbles. He is a spokesperson and...
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Political payoffs vs. (supposed) Enviro friendliness. Guess who wins?
The Tesla electric car is a darling of the Rich and Yuppie enviro crowd who want to believe it’s a “green” vehicle and want to show off their tree hugging credentials. Of course the truth ain’t quite...
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Carbon Offsets People Suffering
Lifson is on a roll today. This is a very interesting report of the carbon exchange and offsets markets. Apparently they are on welfare from the warmer influenced governments? Shocking–you mean they...
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John Christy Corrects
John Christy, Boss of the Weather and Satellite studies program at Huntsville, says it’s not that good. We thought Christy, Richard Lindzen (MIT Climate expert) and Judith Curry (Georgia Tech Climate...
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UN Climate Chief Gets a Case of Egomania
This Figueres is an excellent example of often wrong, never in doubt. She wants to control fossil fuel reserves?...
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Bjorn points out the Danger of Misdirection of Resources
This is what his Copenhagen Consensus project is all about . Too bad people don’t pay attention like Lomborg does, to the Bastiat warming about unintended consequences. Of course if people die or...
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Tom Steyer, puppet master, Crony Capitalist
So Steyer promises to fund lefty green causes. Cui Bono (whose good) is always a good question in political influence peddling matters....
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NY Times reporter believes in underground carbon sequestration
In an otherwise reasonable summary of some proposed major changes being suggested by the NYS Public Service Commission in how electrical utilities and their grids would operate, the reporter adds this...
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Aussies show some sense
Dumping enviro projects right and left. I’ll drink a Foster’s for Abbott. He needs to do more, though, since a lot of “alternative’ energy projects are still getting gov money....
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Chrysler/Fiat’s CEO: Please don’t buy Fiat 500e electric car
It seems Sergio Marchionne either didn’t get the memo, or won’t play along. He’s right up there explaining that his company loses $14,000 on each electric 500e they sell Reuters: Speaking at a...
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Northeast on a low carbon diet, or does it have cancer?
Sierra Rayne performs a complex economic analysis/comparison on Northeastern Carbon trends. He hit on something. Although some of the stuff in the analysis is unanswered the most important trend is per...
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Carbon reductions aren’t that hard says Gina airhead
So taking out a good share of the grid isn’t that hard? Well I guess that’s dependent on what you consider hard. Gina is an idiot, the economic burden created by her project that is not too hard? The...
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Lenar Whitney speaks truth to crazy
I get a belly full of enviro nonsense. Here, a new voice for sensible energy and political policy talks about how we are fools to allow the latest nonsense from the greens to influence policy decisions.
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Revisiting the scare about carbon pollution–yes, ninny, you exhale CO2 at...
In the ambient air CO2 (carbon dioxide, a non toxic, invisible odorless gas) is around 400 PPM by volume, which is 0.04% by volume. Exhaled air from humans and mammals is about 4% CO2, 40,000 PPM by...
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