Lesson from EU: We Can't Finesse Nature With Accounting Tricks

Practical experience with carbon markets in the European Union raises a critical question: Will such systems ever work?  Backers of these markets, which involve setting limits on greenhouse gases and then allowing companies to buy and sell emission permits, see the approach as one of the cheapest and most effective ways to control the gases in advanced economies. Yet in Europe, which created the world’s largest carbon trading market three years ago, early evidence suggests the whole approach could fail.  

McCain's Definition of Alternative Energy Proves Radioactive

Senator John McCain said Wednesday that he wanted 45 new nuclear reactors built in the United States by 2030, a course he called “as difficult as it is necessary.” McCain told a crowd at Missouri State University that he saw nuclear power as a clean, safe alternative to traditional sources of energy that emit greenhouse gases. He said his ultimate goal was 100 new nuclear plants.

Cool it, George! They just can't float your boat!

As President Bush calls for repealing a ban on drilling off most of the coast of the United States, a shortage of ships used for deep-water offshore drilling promises to impede any rapid turnaround in oil exploration and supply.

Kyoto in Court

For the first time in history, a national government is being sued by its citizens for failing to live up to its carbon-cutting commitments under the Kyoto Accord.

Friends of the Earth, represented by Eco Justice Canada, took to a Toronto courtroom on Wednesday to argue that the Canadian government is in breach of the “Kyoto Protocol Implementation Act ” – a Private Members bill (which Opposition parties passed in Parliament last year) demanding that the Canada fulfill its Kyoto commitments.

Illustrating just how determined this government is to ignore its obligations, government lawyers are arguing with a straight face that the court should ignore the “will of Parliament” because this is an “unusual ” law that the government did not expect the court to enforce.

Lies, damn lies, and climate change denial

It takes real dedication to “prove” that a 500-year flood event is nothing out of the ordinary, but Roger Pielke, Terence Corcoran and the National Post are nothing if not committed.

Using a statistical trick that would be dismissed in any debating club, Post Business Editor Corcoran argues that the recent round of U.S. flooding can in no way be linked to climate change. In fact, according to his graph, you might be left with the impression that flood damage is actually receding in these weather-battered times.

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