WASHINGTON — The climate change proposal developed by congressional Democrats and endorsed by President Barrack Obama does little to reduce global warming and saddles Americans with high energy costs, Republicans said Saturday.
Serious allegations. Quite possibly on a par with the big cigarette companies denials about the cancer risk of smoking, considering the potential devastating impacts of climate change on the health and well being of the world’s populations:
‘Finally. After years of denying its role in the campaign of climate denial, Exxon has revealed a dirty secret, that it has and likely still is directly funding junk scientists.’
‘Africa’s forests are disappearing faster than those in other parts of the world because of a lack of land ownership, a report says.’
‘The most comprehensive modeling yet carried out on the likelihood of how much hotter the Earth's climate will get in this century shows that without rapid and massive action, the problem will be about twice as severe as previously estimated six years ago – and could be even worse than that.’
It is worth noting that this study advances the argument, also mentioned at the Copenhagen Climate Conference by Lord Stern, that the most cost effective approach toward climate risk mitigation is to act quickly as there are increasing mitigation costs and risks with delay. The article goes on to quote study co-author Ronald Prinn:
‘Because vehicles last for years, and buildings and power plants last for decades, it is essential to start making major changes through adoption of significant national and international policies as soon as possible, Prinn says. “The least-cost option to lower the risk is to start now and steadily transform the global energy system over the coming decades to low or zero greenhouse gas-emitting technologies.”‘
LONDON — Climate-change disasters kill around 300,000 people a year and cause about $125 billion in economic losses, mainly from agriculture, a think-tank led by former U.N. Secretary General Kofi Annan reported Friday.
‘BARCELONA (Reuters) – The global market for carbon emissions trading doubled in value last year, but actual realised emissions cuts fell as the global economic slowdown dented clean energy financing, the World Bank said on Wednesday.
…A total 4.8 billion tons of carbon dioxide, the main greenhouse gas blamed for global warming, were traded last year, up 61 percent from the 3 billion traded in 2007.’
NELLIS AIR FORCE BASE, Nevada (Reuters) – President Barack Obama provided a spending boost to the solar and geothermal energy industries on Wednesday and said increased use of the fuels would make America more secure.
BEIJING — U.S. House Speaker Nancy Pelosi urged Beijing on Thursday to cooperate on climate change, calling a safe environment a basic human right.
HONG KONG — Worried about heavy reliance on imported oil, Chinese officials have drafted automotive fuel economy standards that are even more stringent than those outlined by President Obama last week, Chinese experts with a detailed knowledge of the plans said on Wednesday.
‘Two biofuel companies are joining forces to enhance algae’s ability to deliver a cheap energy source. Algal biofuel company Solazyme has formed an alliance with transportation-focused BlueFire Ethanol Fuels to develop new oils from affordable sugars.’