The brighter side of $115 a barrel crude

April 16, 2008

While George Bush attempts to distract the U.S. from doing anything substantive on climate change, an interesting thing is happening in Europe -- the price of carbon emission permits [EUAs] has hit a ten-month high. The reason: high oil and gas prices. The EU ETS is dominated by power utilities, which must hold EUA permits for every ton of carbon dioxide (CO2) emitted when burning fuel to generate power. Most fossil fuel generators burn either coal or gas. When the price of gas rises, it mak

The Deniers? The World Renowned Scientist Who Got Al Gore Started
"My own personal belief is that we should wait another 10 or 20 years to really be convinced that the greenhouse effect is going to be important for human beings, in both positive and negative ways." Roger Revelle, in a letter to then Congressman Jim Bates, July 14, 1988 Among the not-very-credible denials of climate change risk, one of Lawrence Solomon's most offensive is his attack on the memory and work of Dr. Roger Revelle. Solomon, author of The Deniers: The world-renowned scientists who s

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