Coal and Natural Gas

Keith Johnson (who is rapidly becoming my favorite explainer of how the energy-environment-economy system works) today discusses the role of the banking industry in pushing us away from coal and toward natural gas.

Biofuel Scam

As if the built in systemic problems associated with the current biofuel push were not enough, here’s a remarkable story from the Guardian in which biodiesel is shipped from Europe to the United States, then back, to qualify for the US biodiesel export subsidy: The “splash and dash” scam involves shipping biodiesel from Europe to …

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Adaptation v. Mitigation, Episode XVI

David Roberts and Roger Pielke Jr. took another turn around the adaptation/mitigation block today. Roger argued, as he has for some time, that adaptation to the problems caused by climate change needs to be given the same due in policy discussions as attempts to reduce greenhouse gas emissions (“mitigation,” in the parlance of the field.) …

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Phase Three: Profit!

I’m a little bit suspicious that we’ve got one of those “underpants gnomes” business models here, but whatever.  Keith Johnson reports on some moves by big-time financial players into the carbon market: Merrill Lynch launched a new carbon-market index aimed at giving all sorts of investors access to the carbon markets. Meanwhile, J.P. Morgan said …

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Yet Another Thing the IPCC Gets Wrong

A new paper by Maximilian Auffhammera and Richard T. Carson suggests that China’s greenhouse gas emissions are rising much more quickly than presumed in the IPCC’s emissions scenarios. A reminder that The IPCC’s “mistakes” don’t all break in one direction. The common rhetorical conception has the IPCC’s errors uniformly overstating the effects of greenhouse emissions …

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