Category Archives: Carbon credits

Don’t Call It a Tax: Inside Washington’s Attempt to Pass a “Fee On Pollution”

After a decade of failed carbon taxes, Washington state is pushing to pass the country’s first “carbon fee.” Will this time be different?

Trump’s Carbon Capture Tax Break: Mechanical and Biological Paths

Looking at the potential benefit of tax subsidies for carbon capture.

That’s Not MY Greenhouse Gas!

Climate pacts like the Paris Accord do little because they focus on in-country greenhouse gas emissions, not ones based on consumption.

Trump EPA Pick: Scott Pruitt as EPA Head Signals Agency Will Ignore Climate Change

Nomination of Oklahoma State AG Scott Pruitt to head the EPA signals the intention to unwind Obama administration climate change policies.

Donald Trump’s Swamp: Meet Ten Potential Energy and Climate Cabinet Picks and the Pickers

Link-rich summary of backgrounds, connections and biases of ten possible picks for Trump’s climate and energy team, collected in one post.

Perfect Hindsight: on Breder Suasso of NZ and elsewhere, Global Transaction Services, of Hong Kong, Georgia (US) and London, mBank and Pekao Bank SA of Poland, and Ceska Sporitelna AS of the Czech Republic

This is Naked Capitalism fundraising week. 793 donors have already invested in our efforts to combat corruption and predatory conduct, particularly in the financial realm. Please join us and participate via our donation page, which shows how to give via check, credit card, debit card, or PayPal. Read about why we’re doing this fundraiser, what […]

Why Has Carbon Capture And Storage Not Taken Off Yet?

How the economics of carbon capture are impeding widespread adoption.

Worse Than Fossil Fuels? Why Bioenergy Is Not Green

Why bioenergy is much more costly in environmental terms than its boosters would have us believe.

Why Carbon Taxes Would Be the Ultimate Energy Game-Changer

Carbon taxes are one of the most effective ways to curb the use of fossil fuels and promote renewable energy sources. And they also help businesses because providing for a predictable price of carbon encourages investment. Has their time finally arrived?

Naomi Oreskes: The Hoax of Climate Change Denial

How climate change denialists have opened up a new front in their attacks on climate science.

Dubious FX Broker CWM FX Claims Sports Celebrity Scalps, but Princess Anne Remains Unmolested

The CWM FX fraud bust, a murder, Princess Anne and some groping. It’s BAU in the world of sports sponsorship.

Is Power8, Sponsor of Everton FC, Fulham FC and RCD Espanyol, a Giant Ponzi?

Yves here. Richard Smith is on the trail of what looks to be his biggest international scam find ever, orders of magnitude larger than the usual below the radar single to low double digit million dollar/pound/euro operation that he has ferreted out in the past. And mind you, even though he focuses on the dubious looking inter-corporate relationships and the often evident lack of normal investors protections and business substance, these companies sell hope and glamour to typically credulous retail investors who lose their money and have no recourse.

Elizabeth Warren: Remarks on Citigroup and its Bailout Provision in the Cromnibus Bill

Elizabeth Warren to Citi: We “should have broken you into pieces.”

Climate Tipping Requires Precautionary Accumulation of Capital and an Additional Price for Carbon Emissions

Many ecological systems feature ‘tipping points’ at which small changes can have sudden, dramatic, and irreversible effects, and scientists worry that greenhouse gas emissions could trigger climate catastrophes. This column argues that this renders the marginal cost-benefit analysis usually employed in integrated assessment models inadequate. When potential tipping points are taken into account, the social cost of carbon more than triples – largely because carbon emissions increase the risk of catastrophe.

Wishful Thinking About Natural Gas: Why Fossil Fuels Can’t Solve the Problems Created by Fossil Fuels

Albert Einstein is rumored to have said that one cannot solve a problem with the same thinking that led to it. Yet this is precisely what we are now trying to do with climate change policy. The Obama administration, the Environmental Protection Agency, many environmental groups, and the oil and gas industry all tell us that the way to solve the problem created by fossil fuels is with more fossils fuels. We can do this, they claim, by using more natural gas, which is touted as a “clean” fuel — even a “green” fuel.

Like most misleading arguments, this one starts from a kernel of truth.