Archive for the “Climategate” category
A story emerging out of Britain suggests “follow the money” may explain the enthusiasm of the United Nations to pursue caps on carbon emissions, despite doubts surfacing in the scientific community about the validity of the underlying global warming hypothesis.
A Mumbai-based Indian multinational conglomerate with business ties to Rajendra K. Pachauri, the chairman since 2002 of the U.N. Intergovernmental Panel on Climate Change, or IPCC, stands to make several hundred million dollars in European Union carbon credits simply by closing a steel production facility in Britain with the loss of 1,700 jobs.
- 2 comments • Tagged as: Action on climate change, Business/Finance, Car manufacturers, Carbon credit, Carbon finance, chairman, Climate change, Conglomerate, Corus Group plc, Emissions trading, environment, Environmental economics, European Union, global warming, Greenhouse gas, Intergovernmental Panel on Climate Change, Jamshedpur, mumbai, Parsis, Rajendra K. Pachauri, Redcar, Tata Group, Tata Ltd, Tata Nano, United Kingdom, United Nations, USD
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The PR surrounding ‘official’ climate science at Copenhagen is disgusting, but then the science on which it is based is dishonest and inaccurate. How convenient for the World Meteorological Organization (WMO) to announce that 2000 – 2009 is ‘very likely’ the warmest decade on record to coincide with the Copenhagen fiasco
- Leave your comment • Tagged as: Action on climate change, Al Gore, Climate change, Climate Research Unit, Climatologists, Copenhagen, environment, global warming, Instrumental temperature record, James Hansen, Michael E. Mann, Michael Mann, NASA personnel, National Oceanic and Atmospheric Administration, Steve McIntyre, Temperature record of the past 1000 years, Urban heat island
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The banks are preparing to do with carbon what they’ve done before: design and market derivatives contracts that will help client companies hedge their price risk over the long term. They’re also ready to sell carbon-related financial products to outside investors.
[Blythe] Masters says banks must be allowed to lead the way if a mandatory carbon-trading system is going to help save the planet at the lowest possible cost. And derivatives related to carbon must be part of the mix, she says. Derivatives are securities whose value is derived from the value of an underlying commodity — in this case, CO2 and other greenhouse gases…
- One comment • Tagged as: Architects of Carbon Derivatives, Bloomberg L.P., Blythe Masters, Business/Finance, Commodity Futures Modernization Act, Commodity market, credit default swap, credit derivative, derivatives, Emissions trading, environment, Futures contract, Government policies and the subprime mortgage crisis, hedge fund, International Swaps and Derivatives Association, Investment banking, JPMorgan Chase, Maria Cantwell, Masters Capital Management LLC, Michelle Chan, Over-the-counter, Swap, Very CENTER of Cap and Trade
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Global warming is caused by radiation from the sun, according to a leading scientist speaking out at an alternative “sceptics’ conference” in Copenhagen.
As the world gathered in the Danish capital for the UN Climate Change Conference, more than 50 scientists, businessmen and lobby groups met to discuss the arguments against man made global warming.
- Leave your comment • Tagged as: 19th century, 21st century, Carbon finance, Climate change, Climatologists, Committee for a Constructive Tomorrow, Copenhagen, environment, Environmental skepticism, global warming, Global warming controversy, Henrik Svensmark, Ian Plimer, Ionizing radiation, leading scientist, professor, Religion/Belief, Technology/Internet, The Great Global Warming Swindle, United Nations
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Copenhagen is preparing for the climate change summit that will produce as much carbon dioxide as a town the size of Middlesbrough On a normal day, Majken Friss Jorgensen, managing director of Copenhagen’s biggest limousine company, says her firm has (…)
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- Leave your comment • Tagged as: Action on climate change, Carbon dioxide, Carbon finance, Carbon profiling, Climate change, Copenhagen, Denmark, Diplomatic conferences, environment, global warming, Greenhouse gases, Low-carbon economy, Majken Friss Jorgensen, managing director, Middlesbrough, Mitigation of global warming, Propellants, United States, V2G
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Al Gore has just cancelled a high-profile appearance at the upcoming Copenhagen climate change conference only days after ‘ClimateGate’ revelations cast doubt on the legitimacy of the scientific ‘consensus’ (“hiding the decline” is not scientific in any respect). Just days ago, CRU director Phil Jones stepped down from his position at East Anglia University
- Leave your comment • Tagged as: Action on climate change, Al Gore, Al Gore and the environment, America, an inconvenient truth, Carbon finance, Climate change, Climatologists, Copenhagen, Cru, environment, Generation Investment Management, global warming, Google, Human Interest, Nobel Peace Prize, Phil Jones, science, University of East Anglia, Vice President
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It seems the AGW establishment has launched an urgent damage limitation exercise in order to whitewash the Climategate scandal in time for Copenhagen.
- Leave your comment • Tagged as: Action on climate change, Astronomer, Avoiding Dangerous Climate Change, Bishop Hill, Climate change, climate gate, Climategate, Copenhagen, Economics of global warming, environment, Environmental economics, global warming, Low-carbon economy, Martin Rees, Martin Rees Baron Rees of Ludlow, Religion/Belief, Royal Society, Stern Review, the United Kingdom, United Kingdom, University of East Anglia's Climate Research Unit, V2G, Whitewash
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The New York Times has lifted the lid on how Al Gore stands to benefit to the tune of billions of dollars if the carbon tax proposals he is pushing come to fruition in the United States, while documenting how he has already lined his pockets on the back of exaggerated fearmongering about global warming.
- One comment • Tagged as: Action on climate change, Al Gore, Business/Finance, Carbon finance, Carbon offset, carbon tax, CCX Inc, Chicago Climate Exchange, Climate change, environment, Generation Investment Management, global warming, Global warming controversy, John M. Broder, Maurice Strong, president, the NY Times, United States, USD
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