Climategate

"Carbon (Dioxide) trading is now the fastest growing commodities market on earth.....And here’s the great thing about it. Unlike traditional commodities markets, which will eventually involve delivery to someone in physical form, the carbon (dioxide) market is based on lack of delivery of an invisible substance to no-one. Since the market revolves around creating carbon (dioxide) credits, or finding carbon (dioxide) reduction projects whose benefits can then be sold to those with a surplus of emissions, it is entirely intangible." (Telegraph)

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Thursday, 26 January 2012

Brisbane floods redux

Bishop Hill
"Remember last year's floods in Brisbane? There were some interesting exchanges in the comments on my posts on the subject, with some differences of opinion between those who thought that the dams had been mismanaged, perhaps in response to green-initiated concerns over droughts - and those who thought otherwise"

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