jennifermarohasy.com/blog - The Politics and Environment Blog

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Miniposts 0.6.5

Methane Leak
Scientists have discovered the Arctic ocean seabed is leaking huge amounts of methane into the atmosphere.  The research published in the journal Science shows the permafrost under the East Siberian Arctic shelf, which was thought to be a barrier sealing methane, is perforated.  Read more here. (0)

NYT: Pachauri Faces Credibility Siege
The New York Times is reporting that: Dr. Pachauri and the Intergovernmental Panel on Climate Change are now under intense scrutiny, facing accusations of scientific sloppiness and potential financial conflicts of interest from climate skeptics, right-leaning politicians and even some mainstream scientists.  More here. (1)

Phil Jones Guilty, But
The university at the centre of the climate change row over stolen e-mails broke the law by refusing to hand over its raw data for public scrutiny.  B ut…  Read more here. (0)

Banks Leave Carbon Market
Banks and investors are pulling out of the carbon market after the failure to make progress at Copenhagen on reaching new emissions targets after 2012.  Read more here. (0)

UK Met Office Can't Forecast Weather
The UK Met Office is debating what to do with its long-term and seasonal forecasting after criticism for failing to predict extreme weather.   It was predicted that this winter would be warmer than average – yet it has been unusually cold.  Read more here. (2)

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Tag: Economics (RSS -RSS 2)

Climate-Related Policy Should be Evolutionary Not Presumptive

I have come to believe that the official expert advisory process, and the IPCC process within it, are seriously flawed… Two related forms of evidence have brought me to this view. They represent findings on my part, not presuppositions.
First is the evidence that work which the IPCC and its member governments have drawn on has [...]

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Cost of Carbon Could Create Tariff War

A world tariff war driven by Europe and the US over greenhouse gas emissions is likely unless there is a strong global agreement to prevent climate change.   Read more here.

Need Floor-Price for Carbon?

A shake-up in the way the “boom and bust” carbon markets are working in Europe is being urged ahead of tomorrow’s auction of new emission certificates by the UK government.  Read more here.

Economist Reports on Climate Conference in New York

SPAIN has business leakage, California has banned all coal-based electricity, cap and trade creates vested interests in property rights – these are some of the issues economist Alan Moran reports on in his summary of the recent Climate Change Conference in New York.  
Dr Moran also notes that scientists at the conference did not agree on whether [...]

Recession Stops Global Warming

Cartoon by Nicholson from ”The Australian” newspaper: http://nicholsoncartoons.com.au

US Cap n Trade Legislation Unlikely to Pass

US Senator Kent Conrad said that it would be a “distant hope” to expect the climate change plan to pass unless it includes help for industries that would be hit hard by limits on carbon emission production.  Read more here.

To Tax or Trade Carbon

Australian economist Alan Moran considers the advantages of taxing versus trading to reduce carbon emissions and concludes the best policy for Australia is to do nothing till 2020, then catch up by 2050, given the Treasury’s estimate at 3 percent of GDP.  Read more here.

Trading Emissions

Cartoon by Nicholson from ”The Australian” newspaper: http://nicholsoncartoons.com.au

Measuring the Financial Crisis in Terms of Reduced Carbon Emissions

THERE is a lot less “stuff” being produced in the US and China as a consequence of the financial crisis. 
According to Joe Kishore writing at The World Socialist Website:
“Manufacturing in the US is collapsing, with a key index falling to its lowest level in 20 years on Friday. Other figures released yesterday show a downturn [...]

Church Invests with Al Gore

The Church of England’s Church Commissioners have gone green, investing £150 million with former US Vice-President Al Gore’s environmentally minded investment firm, Generation Investment Management.  Read more here.