Category Archives: Environment

Why Fish Stocks Are in Danger: Subsidies

Ever since we learned that the perilous state of the oceans is a top 25 underreported story, we decided to our bit to rectify that by giving articles on the state of the seas more prominence. At current fishing rates, fish stocks will collapse by 2050. But why hasn’t the invisible hand interceded? If fish […]

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G8 + Key Emerging Market National Science Academies Take Tough Stand on Global Warming

Earlier this month, the national science academies of the G8 plus those of China, India, Mexico, Brazil, South Africa, and India, issued a strongly worded joint statement about global warming and energy usage. Let us stress that it is pretty much unheard of for this many independent science bodies to agree on such an unequivocal […]

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Larry Summers: "Practical Steps to Climate Control"

Larry Summers keeps getting better and better as an op-ed writer. His current article in the Financial Times lays out a series of practical recommendations on what to do about climate change. He focuses on the problem of the developing world, since they will account for 75% of the increase in greenhouse gases, and as […]

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Australian Water Situation Worse Than Previously Thought

For those of you who (understandably) don’t follow this matter, Australia is in the midst of a six year drought that shows no signs of abating. It has gotten so serious that agricultural irrigation may be severely curtailed, which will not only further damage badly depressed agricultural areas, but will destroy fruit trees that take […]

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Tourist Industry: Global Warming Luddites

A first page story in the Financial Times, “Tourism chiefs face guilt trip on green issues,” demonstrates that much of the tourism industry is in the deer-in-the-headlights phase regarding climate change. They can’t believe that environmental concerns, and the changing consumer attitudes that go with it, are bearing down on them. Consider that, as reported […]

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Intelligent Cars as Fuel Efficient as Hybrids

A study at the University of Melbourne found that “intelligent” cars, meaning ones outfitted with telematics which enabled them to sense the cars around them and make more gradual adjustments to driving speeds than humans would make, yielded the same 15-20% fuel savings that hybrid cars offer, at considerably lower cost. The study did not […]

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Third IPCC Report: Compromised on Arrival

The third installment of this year’s series of the UN’s Intergovernmental Panel on Climate Changes’ reports is due out Friday. Each successive report becomes more and more politicized, with the upshot that they are less and less valid as scientific pronouncements. China is the heavy in the effort to water down and distort the findings, […]

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Larry Summers on Climate Change Realism

Larry Summers, in a Financial Times comment “We need to bring climate idealism down to earth“, takes up “the best is the enemy of the good” theme as it applies to global warming. He argues that the Kyoto accords haven’t accomplished much because neither the targets nor the penalties are binding, that carbon markets run […]

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Financial Times Uncovers Widespread Carbon Trading Fraud

The Financial Times, in a series of articles published today, probes the workings of the carbon trading business, and uncovers widespread fraud: buyers paying for reductions that don’t occur, organizations extracting large carbon reduction payments for programs they were going to implement regardless, clueless or complicit brokers, offset programs that are shams. We have been […]

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FT Editorial in Favor of Carbon Taxes

Count on the Financial Times to make a clear, compelling argument. From its editorial “CO2 needs a price but taxes are the best way to set it:“ The Kyoto protocol to fight climate change expires in 2012. The shape of a successor treaty is still in doubt, but one aspect seems certain: carbon trading will […]

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