Tue, 2007-02-20 08:05Ross Gelbspan
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Enron-Type Accounting Used to Calculate "Carbon Offsets"

The carbon offset industry is using the same sort of ‘future value accounting’ that caused the collapse of energy giant Enron, according to a watchdog group.

When companies like Climate Care and the Carbon Neutral Company sell the public carbon offsets, carbon savings expected to be made in the future are counted as savings made in the present. This is the same technique used by Enron to inflate its profits with such disastrous consequences.

Tue, 2007-02-20 06:31Ross Gelbspan
Ross Gelbspan's picture

World's Leading Coal Exporter Gets a Bright Idea!

Australia will be the world's first country to ban incandescent lightbulbs in a bid to curb Greenhouse gas emissions, with the government saying on Tuesday they would be phased out within three years.
Mon, 2007-02-19 10:59Bill Miller
Bill Miller's picture

Unlikely coalition pushing Bush for federal cap on carbon emissions

Politicians, business leaders and economists have joined environmentalists in calling for new laws to restrict greenhouse gases. The US administration has thus far rejected these efforts, but momentum for change has been building since the February 2 release of a report by the Intergovernmental Panel on Climate Change that called global warming “unequivocal” and said with 90 percent probability that human activities help cause it.

Mon, 2007-02-19 10:06Richard Littlemore
Richard Littlemore's picture

Tim Ball: Deceptions, Prevarications and Arguments with no Evidence

The following article, (with my own annotations in boldfaced italics), popped up last week on a right-wing website called HumanEvents .

Mon, 2007-02-19 08:55Ross Gelbspan
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Global Ice Cap Meltdown May Be "Inevitable"

A critical meltdown of ice sheets and severe sea level rise could be inevitable because of global warming. Scientists are preparing to warn their governments that the next IPCC report will conclude there is a 50% chance that widespread ice sheet loss “may no longer be avoided.”

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