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During the May 1 edition of The O’Reilly Factor, talk-radio guest host Laura Ingraham used a well-known Republican tactic to smear Al Gore, former Vice President, climate activist and Nobel Peace Prize winner. Ingraham took only those parts of Gore’s Waxman-Markey testimony that supported her contention and ignored the rest.

Ingraham may consider this balanced reporting, but here in the real world we call this a convenient and highly unscrupulous oversight.

Gore’s testimony, from the April 24 House Energy and Commerce Committee hearing (on the 2009 American Clean Energy and Security Act), clearly stated that “every penny” he earned from his climate-change advocacy (i.e., books, movies, and investments in renewable energy) has gone into his nonprofit organization, Alliance for Climate Protection, which aims to persuade Americans to adopt comprehensive solutions to the approaching climate crisis.

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Carbon-trading systems will likely be a boon to lawyers, lobbyists and arbitrage junkies, a panel on emissions trading heard at the International Economic Forum of the Americas conference underway in Montreal.

But it is unlikely that the requisite global trading mechanisms will be in place and working quickly enough to rescue the planet from a climate catastrophe, Michael Dorsey, an environmental studies professor at Dartmouth College in the U.S., said.