Phase Three: Profit!

I’m a little bit suspicious that we’ve got one of those “underpants gnomes” business models here, but whatever.  Keith Johnson reports on some moves by big-time financial players into the carbon market: Merrill Lynch launched a new carbon-market index aimed at giving all sorts of investors access to the carbon markets. Meanwhile, J.P. Morgan said …

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Yet Another Thing the IPCC Gets Wrong

A new paper by Maximilian Auffhammera and Richard T. Carson suggests that China’s greenhouse gas emissions are rising much more quickly than presumed in the IPCC’s emissions scenarios. A reminder that The IPCC’s “mistakes” don’t all break in one direction. The common rhetorical conception has the IPCC’s errors uniformly overstating the effects of greenhouse emissions …

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