Monday, November 29, 2010

Global Warming Strikes Britain!!




Britain’s worst November snowfall for decades shut schools and roads from Cornwall to Scotland as forecasters warned that Siberian winds could bring temperatures as low as minus 20C in the coming days.

Deep snow and freezing conditions in the North East and Scotland were causing widespread travel disruption today, with icy temperatures everywhere else creating similar problems for commuters.

There is no sign of a let-up in the wintry weather, with bitter winds increasing and more parts of the UK including London facing snow in the coming days.

So far Scotland and the North East have been worst hit by snow, with more than 40cm in parts, and police have advised people to stay indoors for all but essential travel.

Thursday, November 11, 2010


Here's another tasty morsel for the AGW flat earth society. Just like Spain who ruined their economy with a "Green" program it seems the Aussies are having issues with their efforts to counteract the global climate catastrophe. Oooops. Lifted from NRO, the Planet Gore Blog.

Australia’s Solar-Rebate Program: Failure


Some honesty here:

“The Australian Government ran a renewable energy program in the 2000s that provided rebates to householders who acquired solar photovoltaic (PV) energy systems. Originally called the Photovoltaic Rebate Program (PVRP), it was rebranded the Solar Homes and Communities Program (SHCP) in November 2007.

“This paper evaluates both the PVRP and SHCP using measures of effectiveness and fairness. It finds that the program was a major driver of a more than six-fold increase in PV generation capacity in the 2000s; however, the increase was off a low base and, in 2010, solar PV’s share of the Australian electricity market was still only around 0.1 per cent. The data suggest there were equity issues associated with the program, with 66 per cent of all successful applicants residing in postal areas that were rated as medium-high and high on a socio-economic status (SES) scale.

“The program was also environmentally ineffective and costly. It will reduce emissions by 0.09 MtCO2-e/yr over the life of the rebated PV systems (0.015 per cent of Australia’s 2008 emissions) at an average social abatement cost of between $257/tCO2-e and $301/tCO2-e. Finally, the program appears to have had a relatively minor impact as an industry assistance measure, with much of the associated benefit flowing to foreign manufacturers and most of the domestic benefit being focused outside of the high value- added manufacturing areas.

The whole report can be read here

Chicago Climate Credit Exchange - CCX - The Goracle Takes It On The Chin!!

This didn't receive much coverage last week but its worth noting as more fallout from the Dem smackdown a week ago last Tuesday. Read & enjoy. Courtesy of Investors Business Daily (IBD). Heh.

The $10 Trillion Climate Fraud


Posted 04/28/2010 07:11 PM ET

Al Gore is co-founder of an investment management firm that is now the fifth-largest shareholder in the Chicago Climate Exchange. AP

Al Gore is co-founder of an investment management firm that is now the fifth-largest shareholder in the Chicago Climate Exchange. AP View Enlarged Image

Cap-And-Trade: While senators froth over Goldman Sachs and derivatives, a climate trading scheme being run out of the Chicago Climate Exchange would make Bernie Madoff blush. Its trail leads to the White House.

Lost in the recent headlines was Al Gore's appearance Monday in Denver at the annual meeting of the Council of Foundations, an association of the nation's philanthropic leaders.

"Time's running out (on climate change)," Gore told them. "We have to get our act together. You have a unique role in getting our act together."

Gore was right that foundations will play a key role in keeping the climate scam alive as evidence of outright climate fraud grows, just as they were critical in the beginning when the Joyce Foundation in 2000 and 2001 provided the seed money to start the Chicago Climate Exchange. It started trading in 2003, and what it trades is, essentially, air. More specifically perhaps, hot air.

The Chicago Climate Exchange (CCX) advertises itself as "North America's only cap-and-trade system for all six greenhouse gases, with global affiliates and projects worldwide." Barack Obama served on the board of the Joyce Foundation from 1994 to 2002 when the CCX startup grants were issued. As president, pushing cap-and-trade is one of his highest priorities. Now isn't that special?

Few Americans have heard of either entity. The Joyce Foundation was originally the financial nest egg of a widow whose family had made millions in the now out-of-favor lumber industry.

After her death, the foundation was run by philanthropists who increasingly dedicated their giving to liberal causes, including gun control, environmentalism and school changes.

Currently, CCX members agree to a voluntary but legally binding agreement to regulate greenhouse gases.

The CCX provides the mechanism in trading the very pollution permits and carbon offsets the administration's cap-and-trade proposals would impose by government mandate.

Thanks to Fox News' Glenn Beck, we have learned a lot about CCX, not the least of which is that its founder, Richard Sandor, says he knew Obama well back in the day when the Joyce Foundation awarded money to the Kellogg Graduate School of Management at Northwestern University, where Sandor was a research professor.

Sandor estimates that climate trading could be "a $10 trillion dollar market." It could very well be, if cap-and-trade measures like Waxman-Markey and Kerry-Boxer are signed into law, making energy prices skyrocket, and as companies buy and sell permits to emit those six "greenhouse" gases.

So lucrative does this market appear, it attracted the attention of London-based Generation Investment Management, which purchased a stake in CCX and is now the fifth-largest shareholder.

As we noted last year, Gore is co-founder of Generation Investment Management, which sells carbon offsets of dubious value that let rich polluters continue to pollute with a clear conscience.

Other founders include former Goldman Sachs partner David Blood, as well as Mark Ferguson and Peter Harris, also of Goldman Sachs. In 2006, CCX received a big boost when another investor bought a 10% stake on the prospect of making a great deal of money for itself. That investor was Goldman Sachs, now under the gun for selling financial instruments it knew were doomed to fail.

The actual mechanism for trading on the exchange was purchased and patented by none other than Franklin Raines, who was CEO of Fannie Mae at the time.

Raines profited handsomely to the tune of some $90 million by buying and bundling bad mortgages that led to the collapse of the American economy. His interest in climate trading is curious until one realizes cap-and-trade would make housing costlier as well.

Amazingly, none of these facts came up at Senate hearings on Goldman Sachs' activities, which may be nothing more than Ross Perot's famous "gorilla dust," meant to distract us from the real issues.

The climate trading scheme being stitched together here will do more damage than Goldman Sachs, AIG and Fannie Mae combined. But it will bring power and money to its architects.