I always thought the one problem with carbon markets or pollution credits is that they allow companies to carry on polluting. They don't actually fix the problem. Now the UK policy group, the Cornerhouse has published a briefing attacking carbon trading. It was also published by the think think, Foreign Policy in Focus.
According to the Larry Lohmann, from the Cornerhouse: "In their efforts to deal with climate change, most governments are pinning their hopes largely on the carbon markets that, under US influence, have been enshrined in both the Kyoto Protocol and the EU Emissions Trading Scheme.
"This is a mistake"
So the spiral of violence in Nigeria continues. Although six hostages being held by militant youths in the Delta region of Nigeria have been released, a further three are still being held.
On the day that Tony Blair hosts a crisis Downing Street summit to address what he calls "the major long-term threat facing our planet", there is more bad news for the climate.
The Guardian reports how "the Earth's temperature could rise under the impact of global warming to levels far higher than previously predicted, according to the United Nations' team of climate experts".
According to a draft of the influential UN Intergovernmental Panel on Climate Change (IPCC) report, scientists are now unable to place a reliable upper limit on how quickly the atmosphere will warm as carbon dioxide levels increase. The Guardian
The George Clooney movie, Syriana opens in cinemas across Europe this week. Some oil campaigners believe that any film that tries to portray the deep-rooted web of connections between oil companies and politicians is a worthwhile exercise. Others think that it is conspiratorial nonsense.
So what did the Financial Times energy correspondent, Carola Hoyos think of the film? Not much it seems. She called it “unbelievably confusing and, well, crude”.
She seems to think that governments and oil companies are NOT that bright to be involved in a conspiracy. “I am not saying that oil companies are responsible, transparent, generous organisations, and