Category: Climate chaos

The atmosphere is to the earth as a layer of varnish is to a desktop globe. It is thin, fragile and essential for preserving the items on the surface.150 years of burning fossil fuel have overloaded the atmosphere to the point where the earth is ill. It now has a fever. Read the detailed article, Soothing Gaia’s Fever for an evocative account of that analogy. The items listed here detail progress on coordinating 6.5 billion people in the most critical project undertaken by humanity. 

nations divided over US carbon summit

admin /5 August, 2007

US President George W Bush’s planned new summit on tackling climate change is an advance towards a meaningful, common approach to the problem, says the federal government.

Mr Bush has announced he has invited the world’s major polluters, including Australia, to a September 27-28 conference to set long-term goals on cutting greenhouse gas emissions.

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Mr Bush has asked Australia, Brazil, Canada, China, India, Indonesia, Japan, Mexico, Russia, South Africa and South Korea in separate letters to send representatives to Washington for the meeting and has also invited delegations from Europe.

GE releases carbon credit cart

admin /5 August, 2007

Reporting by Roddy Scheer Industrial giant General Electric (GE) last week introduced a new credit card that encourages consumers to offset the greenhouse gas emissions caused by their spending through the purchase of carbon offsets with reward points. The GE Money Earth Rewards Platinum MasterCard allows cardholders to put a one percent cash rebate on Continue Reading →

Melbourne Carbon Trading Opens

admin /23 July, 2007

ABC Online  

Australia’s first carbon trading market is being launched in Melbourne today.

The Australian Climate Exchange (ACX) aims to make cleaner technologies more competitive and will also monitor government-approved reductions in greenhouse emissions, which will be traded between businesses.

ACX Limited managing director Tim Hanlin says businesses are not prepared to wait until Prime Minister John Howard introduces his proposed scheme.

"He’s proposing a carbon trading scheme in 2012 and [the] Australian Climate Exchange is actually doing one now, so that’s where it fits in," he said.

"This is a voluntary emissions trading market and it’s business-to-business trading of greenhouse gas emissions."

Mr Hanlin says there are plenty of businesses keen to take part.

Aust economists call for Kyoto action

admin /21 July, 2007

Climate call: 271 economists say major economic damage could be done to Australia. (Getty Images) Seventy-five professors of economics have called on the Federal Government to stop undermining international efforts to tackle climate change and ratify the Kyoto Protocol without delay. They are among 271 Australian university economists who have signed a statement drawing attention Continue Reading →

US Floats Carbon Tax

admin /9 July, 2007

By EDMUND L. ANDREWS

WASHINGTON, July 6 — A powerful House Democrat said on Friday that he planned to propose a steep new “carbon tax” that would raise the cost of burning oil, gas and coal, in a move that could shake up the political debate on global warming.

The proposal came from Representative John D. Dingell of Michigan, chairman of the House Energy and Commerce Committee, and it runs directly counter to the view of most Democrats that any tax on energy would be a politically disastrous approach to slowing global warming.

But Mr. Dingell, in an interview to be broadcast Sunday on C-Span, suggested that his goal was to show that Americans are not willing to face the real cost of reducing carbon dioxide emissions. His message appeared to be that Democratic leaders were setting unrealistic legislative goals.

Carbon costs make gas cheaper than coal

admin /11 June, 2007

Combined-cycle gas turbines, which at $38-$54 per MWh are already commercial for peak and shoulder load generation, could become viable for base load supply with even a low carbon price, making the natural gas industry and companies such as Origin Energy and AGL, which are already in gas-fired generation, some of the biggest potential winners, according to The Sydney Morning Herald (9/6/2007, p. 42).

Coal gen costs $30-$40: Coal-fired electricity generation has a megawatt hour (MWh) price using black coal of $30-35, and brown coal of $35-40.

ETS will boost gas economics: "The economics of gas-fired generation will improve with the introduction of an ETS,” says CommSec’s Paul Johnston. "This includes both the economics of investments in new gas-fired generation plant and also expanded output from existing gas-fired generators.

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