Take Me Back Tuesday: GLOBAL WARMING CORRAL

[RebelYelp]

Putt, putt, putt...I have a rubber butt...everytime I turn around....It goes " putt putt"

At this point in time...Im more concerned about some rag head with a dirty bomb, or, some kinda biological terrorists than global warming. The earth has been coming out of an ice age for millions of years...It'll keep coming until the next ice age I reckon

good point !

[Po Monkey Lounger]

Sunday Times
April 29, 2007

Climate change hits Mars
Mars is being hit by rapid climate change and it is happening so fast that the red planet could lose its southern ice cap, writes Jonathan Leake.

Scientists from Nasa say that Mars has warmed by about 0.5C since the 1970s. This is similar to the warming experienced on Earth over approximately the same period.

Since there is no known life on Mars it suggests rapid changes in planetary climates could be natural phenomena.

The mechanism at work on Mars appears, however, to be different from that on Earth. One of the researchers, Lori Fenton, believes variations in radiation and temperature across the surface of the Red Planet are generating strong winds.

In a paper published in the journal Nature, she suggests that such winds can stir up giant dust storms, trapping heat and raising the planet’s temperature.

Fenton’s team unearthed heat maps of the Martian surface from Nasa’s Viking mission in the 1970s and compared them with maps gathered more than two decades later by Mars Global Surveyor. They found there had been widespread changes, with some areas becoming darker.

When a surface darkens it absorbs more heat, eventually radiating that heat back to warm the thin Martian atmosphere: lighter surfaces have the opposite effect. The temperature differences between the two are thought to be stirring up more winds, and dust, creating a cycle that is warming the planet.

------------------------------------

Whatever could this mean??

[Bankermane]

Not to stir the pot but how do you account for the ice caps on Mars , as well as, Saturn melting. They also are experiening global warming.

As I said before, we are getting closer to the sun. Could it be that simple?

Po Monkey.
You talk real good. You just don't listen very well.

[Po Monkey Lounger]

Oh, I heard you before Bankermane. This very point has been made previously by you, me and others. But, since it seems to mean more to some if reported by some reporter in a liberal newspaper, I thought I might share it with everyone to prove it wasn't a right wing conspiracy.

[Bankermane]

I know its right cause David Hartmann, chief meteorologist, on WAPT said it was.

[Bankermane]

Hey,
I got lost and am looking for the Soap Box. Can someone tell me how to get there? By the way, you got a cigarette on you, buddy?

[Hammer]

Carbon market triples in value in 2006 – World Bank

Cologne, 3 May: The global carbon market tripled in size to $30 billion in 2006, from $10 billion the previous year, according to a report from the World Bank. But some market participants believe that figure to be an underestimate, putting the real size of market as much as 25% higher.

State of the Carbon Market 2007, released at Carbon Expo on 2 May, found that the carbon market is still dominated by the trading of EU allowances (EUAs) in the region's emissions trading scheme (ETS). More than 1.1 billion EUAs were traded in 2006, worth almost $25 billion, compared with 321 million tonnes traded in 2005, worth just under $8 billion. One EUA is equivalent of one tonne of carbon dioxide.

Project-based activities, such as the Clean Development Mechanism (CDM) and Joint Implementation (JI), accounted for almost $5 billion in 2006, more than double the previous year, the report said. The market for certified emission reductions (CERs) from the CDM dominated with around 450 million tonnes (Mt) traded. Emission reduction units (ERUs) from JI projects accounted for about 16Mt, the Bank said.

However, Andrew Ertel, president of New York-based broker Evolution Markets said that the World Bank's figures are approximately 25% too low. This is because it is difficult to get information on trades from market participants, he said. "There are option trades taking place where no information is available … and a lot of Japanese demand [for carbon credits] is hard to quantify," he added.

Ertel predicted that the market could be worth $100 billion in three years time.

The World Bank report also found strong growth in the voluntary market for carbon, with more than 50 companies offering offsets. It estimated that this market could be worth as much as $400 million in 2010.

The Bank estimates that, since 2002, direct carbon purchases have leveraged an additional $16 billion in associated investments supporting clean energy in developing countries, on top of $8 billion in new resources for such countries generated by the CDM.

"These numbers are relevant because they demonstrate that the carbon market has become a valuable catalyst for leveraging substantial financial flows for clean energy in developing countries," said Warren Evans, World Bank director of environment.

The report found that prices for primary carbon credits are up across the board. The weighted average for CERs was $10.90 in 2006, representing a 52% increase on the previous year. CERs ranged in price from a low of $6.80 up to $24.75.

The report's findings were based on interviews with market participants, analysis of the World Bank's confidential project database and reviews of published literature. The Bank was assisted by the International Emissions Trading Association and New York-based carbon asset manager Natsource. It estimated a completeness of information of more than 90% for all analysis except price, which it said was about 60% complete.



Updated 03 May 2007

[JDgator]

The State of Florida is offically preparing for climate change. This comes, by the way, during a conservative-controlled house and governor's office:

http://www.floridaclimatechange.com/

Look, so is California:

http://www.climatechange.ca.gov/

And Arizona:

http://www.azclimatechange.us/

Texas is folding under the pressure of its citizens who want to know were their drinking water is going if weather trends continue.

[Hammer]

American Electric Power has released its first-ever Corporate Responsibility Report in which it addresses issues that affect the company's sustainability, including climate change, public policy strategy, environmental performance, energy security, reliability and growth, work force issues and stakeholder engagement. AEP's Corporate Responsibility report is available online at http://www.AEP.com/cr.

"This report is a milestone because it discusses these important issues in a candid way for our shareholders and all of our other stakeholders," said Michael G. Morris, AEP's chairman, president and chief executive officer.

Each section of AEP's Corporate Responsibility Report provides an overview of how that topic affects the company's long-term sustainability and how the company plans to address it. The report was written to standards established by the Global Reporting Initiative.

In the report, AEP reiterates its policy regarding climate change and identifies the steps it is taking to reduce the growth of future greenhouse gas emissions as the company builds new power plants to meet growing customer demand. Through its participation in the Chicago Climate Exchange since 2003, AEP will have reduced greenhouse gas emissions by 46 million metric tons by 2010. However, greenhouse gas emissions will begin to increase after that date without further intervention as the company's new power plants come on line.

Feedback on the report can be left via the company's CorporateRegister.com listing http://www.corporateregister.com/search ... &num=18112

American Electric Power is one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states. AEP ranks among the nation's largest generators of electricity, owning nearly 36,000 megawatts of generating capacity in the U.S. AEP also owns the nation's largest electricity transmission system, a nearly 39,000-mile network that includes more 765 kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined.

[JDgator]

Do y'all notice that the states call it "climate change," not "global warming." I guess the insinuation behind "global warming" is that the warming effect is entirely caused by man; whereas "climate change" generally does not make this assumption.

I would prefer not to engage is debates over causation, but to focus on what could happen and what should be done.

[rjohnson]

Do y'all notice that the states call it "climate change," not "global warming." I guess the insinuation behind "global warming" is that the warming effect is entirely caused by man; whereas "climate change" generally does not make this assumption.

Sounds like they have enough sense not to jump on that bandwagon and drink the kool-aid. The GW folks still can't absolutely prove their theory. But they are trying to get everyone to think they are right without proving it. These same quacks will have another scare tactic theory in the next 10 years.

Can someone please explain these carbon credits? Is this a way for companies to pay for producing too much CO2 instead of paying to cut emissions?

[Hammer]

Carbon polluters are given an allowed level of carbon emissions...Use 1MM tons as an example...Company A emits 800,000 tons...Company B emits 1.2MM tons...Company B can either invest in technologies to reduce its emissions by 200,000 tons or it can buy a 200,000 ton credit from Company A, whichever is cheapest...Either way, there are 2MM tons net of carbon emissions which hopefully was set low enough to reduce carbon dioxide pollution....

Obviously, the allowance level has to be realistic in terms of reducing carbon emissions and thus carbon dioxide percentages in our air...That is the ball to keep your eyes on...

And the game has to be legit, not rigged...This is one of hte reasons the US has to be in the game...Despite World Comm, etc and various and sundry political scandals here, we have the fairest game in the world.

From a carbon dioxide standpoint, it is not how much you emit but how much reaches the atmosphere and stays there...You may be a coal fired electric plant that emits a lot of CO2 but also has the technology to suck CO2 out of the air and pump it in coalbeds and seal them to keep it there....From a carbon dioxide standpoint, you have done good...In fact, you might not only be able to suck out your CO2 allowance and sequester it, you might be able to suck out more than your allowance and thus sell a credit to another company as described above.

One thing I disagree wtih is enviros using the CO2 pollution issue as cover for a lot of agendas...I believe that is counterproductive to the task at hand which is getting back to 200 PPM CO2 ASAP (pre-1750 levels)...Good things will happen for the environment as a result of dealing with CO2 pollution but the marketplace - not government edict- needs to sort that out.

[Bullreds & Greenheads]

But it won't be just company A and company B.

It will be company A, B, C, D, E, F, G, H, I, J, K,....on infinitum.

It will be the world's largest shell game.

We'll have to fund a bureaucracy the size of the IRS to even hope to keep up with it all. And that is just for policing the companies in the good ole US of A.

All to make people "feel" like they're helping the environment.

No wonder so many people are pushing this stuff; there are literally billions upon billions of dollars to be made from the taxes alone.

And nothing of substance will be accomplished.

[Hammer]

NYSE doesnt work...AMEX doesnt work....NYMEX and CBOT dont work....NASDAQ doesnt work.....Blah, blah, blah, bah humbug

[Bullreds & Greenheads]