Bibliography: Chronological Sort for http://www.Timism.com\GlobalDying\FalseHopes\

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## YYMMDD ext Source Title and Notes (if any) *Title from filename
1 010723 htm WSJ Emissions Trading
  1. While Genoa burned -- a topic we take up at greater length here -- bureaucrats in Bonn continued to fiddle with a dead treaty, the Kyoto Protocol on global warming
2 020902 htm Fortune Hog Wild Pollution Trading
  1. It's the conventional chatter of a trading desk, this one at the offices of commodities broker Natsource in downtown Manhattan. But these brokers--mostly young, mostly male, mostly dressed in jeans or khakis--are buying and selling an unconventional commodity: pollution. Or more precisely, the right to emit pollutants like sulphur dioxide (SO2), nitrogen oxide (NOx), particulate matter (PM), and the ever popular volatile organic compounds (VOCs).
  2. [Playing a cat-and-mouse game, cap and trade brokers are pollution pimps, to wit, I'll trade you three dirty whores for a clan virgin.--RSB]
  3. The novel twist: The EPA set up a trading system enabling companies to buy or sell allowances to meet their requirements.
  4. Let's say a coal plant facing unexpectedly high demand [Bullshit. Billion dollar industries employing hundreds of analysts don't have "unexpectedly high demand. The writer of this article is a reality fabricator. Belongs on reality tv.--RSB]
  5. "But this is going to grow and grow. I think it will be the dominant thing we do in five years." That's because there is about to be a significant new entry to the field: greenhouse gases (GHGs).
3 031205 htm
O		 WSJ Emission Credit Trading
  1. Anticipating the ratification of the Kyoto Protocol to curb global warming, traders this year have doubled the amount of global emissions credits swapping
  2. The sharp increase, from 29 million tons of carbon dioxide equivalents in 2002 to 71 million tons during 2003
  3. According to companies involved, the gases most frequently traded are carbon dioxide and methane. Methane is believed to be 20 times more potent in causing climate change as CO2. All trading is conducted in equivalent tons of CO2.
4 061210 htm
O		 USAToday Eco Conscious Consumers Pay To Ease Global Warming Guilt
  1. Jill Cody used to feel guilty whenever she drove her car or flew on an airplane. She worried about pumping heat-trapping carbon dioxide into the atmosphere and contributing to global warming.
  2. "I'm part of the solution, not the problem," said Cody, who sports a TerraPass decal on the decade-old Lexus she drives about 6,000 miles a year. "Now I don't feel guilty when I drive my car."
  3. It costs about $4 to offset a ton of carbon, and about $80 to offset the 20 tons of carbon the average American generates in one year, said the fund's Chris Fanning. Each tree absorbs more than a ton of carbon over a 100-year life cycle.
  4. San Francisco-based TerraPass is another of more than 30 companies and non-profit groups that promise to ease global warming guilt by selling carbon offsets
  5. The firm tells drivers that for $49.99 they can make up for the 12,000 tons of carbon a typical sedan or station wagon produces in a year. Ford Motor Co. encourages buyers to offset emissions from their new cars through TerraPass.
  6. It charges customers of Expedia.com $5.99 to neutralize the carbon generated from one seat on a 2,200-mile flight, $16.99 for a cross-country flight and $29.99 for an international flight.
  7. Arnold claims his company has counteracted the effects of 165 million pounds of carbon since it was founded by Penn's Ulrich and his students two years ago.
  8. "It makes me feel a little bit better," Coury said, "to take whatever steps I can to address global warming."
5 070302 htm
O		 USAToday Can You Be Traveling Green By Buying Offsets
  1. But for all the good feelings that bubble up for travelers who make donations, there's nagging controversy about their effectiveness and the accountability of some of the enterprises taking money.
6 070521 htm
O		 USAToday Emisisions Soar CO2 World Wide
  1. "The report is saying that if you wonder what side of global warming's effects — droughts, warming and others — we are going to get — a little or a lot — we are going to get a lot,
7 070720 htm
O		 WashPost Iron to Plankton To Carbon Credits - washingtonpost.com
  1. A small company is planning to mix up to 80 tons of iron particles into the 350 miles west of islands to see whether it can make a splash in the markets where people seek to offset their greenhouse gas emissions.
8 090519 htm
O		 WashPost David Sokol - Let's Have Cap and No Trade
  1. The adage that everyone wants to go to heaven but no one wants to die
  2. If you liked what credit default swaps did to our economy, you're going to love cap-and-trade. Just read Title VIII of the bill, which lets investment banks, hedge funds and other speculators participate in the cap-and-trade market. They don't have emissions to cut; they have commissions to make.
9 091008 htm
O		 WashPost Former Adversaries Launch Carbon Credit-Trading Project
  1. A group of timber and paper supply companies and environmental organizations announced Thursday a pilot project to allow landowners who selectively log their forests to earn carbon credits they can trade on the open market
10 091014 htm
O		 WashPost Cap-and-Trade Climate Bill Would Slow U.S. Economy, CBO Head Says
  1. A House-passed bill that targets climate change through a of pollution credits would slow the nation's economic growth slightly over the next few decades and would create "significant" job losses from fossil fuel industries as the country shifts to renewable energy
## YYMMDD ext Source Title and Notes (if any) *Title from filename
11 091014 htm
O		 WashPost Cap-and-Trade Climate Bill Would Slow U.S. Economy, CBO Head Says
  1. A House-passed bill that targets climate change through a of pollution credits would slow the nation's economic growth slightly over the next few decades and would create "significant" job losses from fossil fuel industries as the country shifts to renewable energy, the head of the Congressional Budget Office told a Senate energy panel Wednesday
12 091207 htm
O		 (Appended) Woman Who Invented Credit Default Swaps is One of the Key Architects of Carbon Derivatives ... Source: WashingtonBlog
  1. A Nobel prize-winning economist (George Akerlof) predicted in 1993 that CDS would cause the next meltdown
  2. Warren Buffett called them “weapons of mass destruction” in 2003
  3. The banks are preparing to do with carbon what they’ve done before: design and market derivatives contracts that will help client companies hedge their price risk over the long term. They’re also ready to sell carbon-related financial products to outside investors.
  4. [Blythe] Masters says banks must be allowed to lead the way if a mandatory carbon-trading system is going to help save the planet at the lowest possible cost. And derivatives related to carbon must be part of the mix, she says. Derivatives are securities whose value is derived from the value of an underlying commodity -- in this case, CO2 and other greenhouse gases...
  5. She is the JP Morgan employee who invented credit default swaps, and is now heading JPM's carbon trading efforts.
  6. However, Congress may cave in to industry pressure to let carbon derivatives trade over-the-counter:

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