
This is the Audi 2010 Green Car Super Bowl Commercial. The Green Police is a taste of what is to come if the phony environmentalists get their way.

Dow Jones | U.S. legislators have obtained a court order unsealing documents in a case involving a multi-million-dollar cap-and-trade fraud.
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.
[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...
Masters, 40, oversees the New York bank’s environmental businesses as the firm’s global head of commodities...
As a young London banker in the early 1990s, Masters was part of JPMorgan’s team developing ideas for transferring risk to third parties. She went on to manage credit risk for JPMorgan’s investment bank.
Among the credit derivatives that grew from the bank’s early efforts was the credit-default swap.
“People are going to be cutting up carbon futures, and we’ll be in trouble,” says Maria Cantwell, a Democratic senator from Washington state. “You can’t stay ahead of the next tool they’re going to create.”
Cantwell, 51, proposed in November that U.S. state governments be given the right to ban unregulated financial products. “The derivatives market has done so much damage to our economy and is nothing more than a very-high-stakes casino -- except that casinos have to abide by regulations,” she wrote in a press release...
The House cap-and-trade bill bans OTC derivatives, requiring that all carbon trading be done on exchanges...The bankers say such a ban would be a mistake...The banks and companies may get their way on carbon derivatives in separate legislation now being worked out in Congress...
Even George Soros, the billionaire hedge fund operator, says money managers would find ways to manipulate cap-and-trade markets. “The system can be gamed,” Soros, 79, remarked at a London School of Economics seminar in July. “That’s why financial types like me like it -- because there are financial opportunities”...
Hedge fund manager Michael Masters, founder of Masters Capital Management LLC, based in St. Croix, U.S. Virgin Islands [and unrelated to Blythe Masters] says speculators will end up controlling U.S. carbon prices, and their participation could trigger the same type of boom-and-bust cycles that have buffeted other commodities...
The hedge fund manager says that banks will attempt to inflate the carbon market by recruiting investors from hedge funds and pension funds.
“Wall Street is going to sell it as an investment product to people that have nothing to do with carbon,” he says. “Then suddenly investment managers are dominating the asset class, and nothing is related to actual supply and demand. We have seen this movie before.”
Michelle Chan, a senior policy analyst in San Francisco for Friends of the Earth, isn’t convinced.
“Should we really create a new $2 trillion market when we haven’t yet finished the job of revamping and testing new financial regulation?” she asks. Chan says that, given their recent history, the banks’ ability to turn climate change into a new commodities market should be curbed...
“What we have just been woken up to in the credit crisis -- to a jarring and shocking degree -- is what happens in the real world,” she says...
Friends of the Earth’s Chan is working hard to prevent the banks from adding carbon to their repertoire. She titled a March FOE report “Subprime Carbon?” In testimony on Capitol Hill, she warned, “Wall Street won’t just be brokering in plain carbon derivatives -- they’ll get creative.”
Prison Planet | The big irony behind top globalists descending on Copenhagen in luxury private jets and stretch limos is not just the fact that their own behavior completely contradicts their self-righteous hyperbole about CO2 emissions, but that their propaganda is vehemently supported by the very same big oil interests they accuse climate skeptics of pandering to.
The Wall Street Journal | The scientific community is buzzing over thousands of emails and documents — posted on the Internet last week after being hacked from a prominent climate-change research center — that some say raise ethical questions about a group of scientists who contend humans are responsible for global warming.
E-mails allegedly written by some of the world’s leading climate scientists have been stolen by hackers and published on websites run by climate change sceptics.
The sceptics claim that the e-mails are evidence that scientists manipulated data in order to strengthen their argument that human activities were causing global warming.
Hundreds of private e-mail messages and documents hacked from a computer server at a British university are causing a stir among global warming skeptics, who say they show that climate scientists conspired to overstate the case for a human influence on climate change.
Hundreds of private emails and documents allegedly exchanged between some of the world’s leading climate scientists during the past 13 years have been stolen by hackers and leaked online, it emerged today.
The computer files were apparently accessed earlier this week from servers at the University of East Anglia’s Climate Research Unit, a world-renowned centre focused on the study of natural and anthropogenic climate change.
A spokesman for Greenpeace said: “If you looked through any organisation’s emails from the last 10 years you’d find something that would raise a few eyebrows. Contrary to what the sceptics claim, the Royal Society, the US National Academy of Sciences, Nasa and the world’s leading atmospheric scientists are not the agents of a clandestine global movement against the truth. This stuff might drive some web traffic, but so does David Icke.”

For those of you who don’t know of the blog Bishop Hill, let me say that he is a succinct and careful writer who has earned praise from many (including myself and Steve McIntyre) in taking a difficult niche subject such as the Hockey Stick and paleoclimatology and condensed into into a readable form for the layman. He’s also writing a book about it called: The Hockey Stick Illusion
In his latest post, Climate Cuttings 33, he gives a list of interesting issues he’s identified. I’ve reproduced it below for WUWT readers to consider. Be sure to visit his blog and have a look and drop an encouraging word. – Anthony
If you are interested in more on global warming material, check out Caspar and the Jesus Paper and The Yamal Implosion, or check out the forthcoming book.
General reaction seems to be that the CRUgate emails are genuine, but with the caveat that there could be some less reliable stuff slipped in.
In the circumstances, here are some summaries of the CRUgate files. I’ll update these as and when I can. The refs are the email number.

By Kurt Nimmo
Infowars | Globalist minion Al Gore and the United Nations climate change shysters led by Phil Jones are in trouble. Last week hackers uncovered a pile of email and documents revealing what many of us already knew — the climate change agenda is based not only on easily debunked junk science, but outright lies and deception.
In the wake of the damning revelations exposed by these anonymous hackers, the climate change snake oil salesmen Gore and his complaisant entourage of now discredited scientists are in full retreat. Even the corporate media — guilty of peddling the fabrication of man-made climate change for years with the best propaganda money can buy — are desperately scrambling to put the best spin possible on the emerging travesty.
In the above video, Alex Jones examines the startling revelations of the CRU files and spells out what it means for the global elite who have planned to use the ruse to impose crippling carbon taxes and put the finishing touches on their global totalitarian super-state and its accompanying control and slave grid.
Infowars and Prison Planet are now feverishly going through the documents and will post the result in the hours and days ahead. In the meantime, here are a few quotes from the perpetrators:
The fact is that we can’t account for the lack of warming at the moment and it is a travesty that we can’t. The CERES data published in the August BAMS 09 supplement on 2008 shows there should be even more warming: but the data are surely wrong. Our observing system is inadequate.
Kevin Trenberth
I seem to be getting an email a week from skeptics saying where’s the warming gone. I know the warming is on the decadal scale, but it would be nice to wear their smug grins away.
Phil Jones
In any case, if the sulfate hypothesis is right, then your prediction of warming might end up being wrong. I think we have been too readily explaining the slow changes over past decade as a result of variability–that explanation is wearing thin. I would just suggest, as a backup to your prediction, that you also do some checking on the sulfate issue, just so you might have a quantified explanation in case the prediction is wrong. Otherwise, the Skeptics will be all over us–the world is really cooling, the models are no good, etc. And all this just as the US is about ready to get serious on the issue.
Mike MacCracken
Ironically, the E1-IMAGE scenario runs, although much cooler in the long term of course, are considerably warmer than A1B-AR4 for several decades! Also – relevant to your statement – A1B-AR4 runs show potential for a distinct lack of warming in the early 21st C, which I’m sure skeptics would love to see replicated in the real world… (See the attached plot for illustration but please don’t circulate this any further as these are results in progress, not yet shared with other ENSEMBLES partners let alone published).
Tim Johns
Your final sentence though about improvements in reviewing and traceability is a bit of a hostage to fortune. The skeptics will try to hang on to something, but I don’t want to give them something clearly tangible.
Phil Jones
Looks pretty good to me. Only one issue. In our discussion of possible participants in Bern, I think (someone correct me if I’m wrong) we concluded that the last two on the list (w/ question marks) would be unwise choices because they are likely to cause conflict than to contribute to concensus [sic] and progress.
Christoph Kull
Mike, I agree very much with the above sentiment. My concern was motivated by the possibility of expressing an impression of more concensus than might actually exist . I suppose the earlier talk implying that we should not ‘muddy the waters’ by including contradictory evidence worried me. IPCC is supposed to represent concensus but also areas of uncertainty in the evidence. Of course where there are good reasons for the differences in series (such as different seasonal responses or geographic bias) it is equally important not to overstress the discrepancies or suggest contradiction where it does not exist.
Keith Briffa
The key thing is making sure the series are vertically aligned in a reasonable way. I had been using the entire 20th century, but in the case of Keith’s, we need to align the first half of the 20th century w/ the corresponding mean values of the other series, due to the late 20th century decline. So, if we show Keith’s series in this plot, we have to comment that “something else” is responsible for the discrepancies in this case. Otherwise, the skeptics have an field day casting doubt on our ability to understand the factors that influence these estimates and, thus, can undermine faith in the paleoestimates.
Michael E. Mann

AFP | The Dutch government said Friday it wants to introduce a "green" road tax by the kilometre from 2012 aimed at cutting carbon dioxide emissions by 10 percent and halving congestion.
Der Spiegel | A new study by advisers to the German government has revealed that industrialized nations must radically reduce their CO2 emissions if they want to reach the internationally agreed target of limiting global warming to 2 degrees Celsius (3.6 degrees Fahrenheit) above pre-industrial levels. The climatologists are proposing setting up a "world climate bank" to allow countries to trade emission rights.
Reuters | To fairly divide the climate change fight between rich and poor, a new study suggests basing targets for emission cuts on the number of wealthy people, who are also the biggest greenhouse gas emitters, in a country.
By Adam Morton
The Age | THE world could face a bill of more than $15 trillion if it chooses to let atmospheric carbon dioxide concentration reach a dangerous level before trying to wind it back, Treasury modelling suggests.
Conversely, it could cost $610 billion to soften a more aggressive global climate change target if it proved too ambitious.
The stark contrast adds weight to claims by environmentalists and climate scientists that it makes economic sense for Australia to commit to deep emissions cuts by 2020 while pushing for a strong global climate deal.
Spelt out in modelling on the impact of emissions trading released this week, the figures support setting a bold short-term greenhouse reduction target to stabilise carbon dioxide levels at 450 parts per million (ppm).
It throws a question mark over the economics of government climate adviser Ross Garnaut's recommendation that Australia signal it would accept a 550ppm target — the only global deal he believes is possible in the short-term — as a pathway to 450ppm.
Climate Institute policy director Erwin Jackson said the modelling reinforced that the costs of stalling on climate change were not just environmental and human, but economic.
"The longer we delay action, the more likely it is that future governments and our kids will have to decide to massively restructure the economy very quickly, as opposed to the choice we can make today to take decisive, smooth action to reduce emissions," he said.
Like all economic modelling, the projected costs of changing stabilisation targets turn on contentious assumptions — in this case an ethical assessment of how the welfare of future generations should be balanced against that of people living today. Known as the social discount rate, there is little agreement between economist on how it should be valued.
Former World Bank chief economist Lord Nicholas Stern put it at 1.4%, a rate that puts more weight on the welfare of those yet to be born than anything modelled by Treasury.
A discount rate of 2% puts the cost of strengthening the stabilisation target from 550ppm to 450ppm at $15.1 trillion. Weakening the target from 450ppm to 550ppm would cost only $610 billion.
Prime Minister Kevin Rudd yesterday warned that Australia could face tariffs from more climate conscious nations if it failed to cut emissions.
"You don't want to get to a stage in 10, 15, 20 years' time where suddenly you have to make a massive transformation," he said.
The Opposition is calling for the Government to delay emissions trading, saying the modelling failed to factor in the global financial crisis or the possibility no global deal would be struck.
Canada Free Press | This week’s Climate Tax Bill debate revealed many useful insights into why the American people will remain skeptical of a global warming cap-and-trade system.
The Wall Street Journal aptly noted on June 6 that environmentalists are “stunned that their global warming agenda is in collapse” after the Climate Tax Bill debate. “The green groups now look as politically intimidating as the skinny kid on the beach who gets sand kicked in his face. Those groups spent millions advertising and lobbying to push the cap-and-trade bill through the Senate,” the paper noted. “With gasoline selling at $4 a gallon, the Democrats picked the worst possible time to bring up cap and trade,” a political analyst noted. “This issue is starting to feel like the Hillary health care plan,” the analyst added. (LINK)
Roll Call quoted frustrated Democrat staffers as being beside themselves in anger for the way the cap-and-trade bill was presented.
“We have no strategy, no message and no plan,” said one senior Senate Democrat aide. “Everyone knows this bill is going nowhere. The president is opposed to it. The House is not inclined toward action on this, and now we’re going to spend valuable floor time on a bill that’s going nowhere ... while Republicans are champing at the bit to accuse Democrats of raising gas prices,” the aide added. (LINK)
Inhofe Statement on Climate Tax Bill’s Demise
WASHINGTON, DC – Sen. James Inhofe (R-Okla.), Ranking Member of the Environment and Public Works Committee, commented today on the cloture vote that effectively halted the Climate Tax Bill.
“This bill was doomed from the start,” Senator Inhofe said. “When the Majority Leader filled the amendment tree and filed cloture on the Climate Tax Bill, it was obvious that the Democrats were not serious about supporting this bill. This was one of the largest bills ever considered by this Congress and probably the largest non-appropriations bill the Senate has ever considered. This bill deserved a full and honest debate, with amendments offered and voted upon. The American people did not deserve a political exercise geared toward election year politics. Republicans were prepared to debate this bill with over 150 amendments ready to be offered. The Democrats did not want to debate and vote on our amendments that were aimed at protecting American families and workers from the devastating economic impacts of this bill. The 1990 Clean Air Act amendments were considered on the Senate floor for five weeks, and this comprehensive climate bill demands at least equal debate.
“The committee process was short-circuited, the floor debate was circumvented, and the amendment process was derailed. I do not see how the Democrats use this failed bill as any kind of model for future success. As I suspected, reality hit the U.S. Senate when the economic facts of this bill were exposed. When faced with the inconvenient truth of the bill’s impact on skyrocketing gas prices, very few Senators were willing to even debate this bill.”
What We Learned:
1) Raise Gas Prices Higher: “Government studies confirm this will only raise gas prices.” The EPA estimates that the Lieberman-Warner bill will increase fuel costs an additional 53 cents per gallon by 2030 and by $1.40 by 2050. The Energy Information Agency (EIA) estimates gas prices will increase anywhere from 41 cents per gallon to $1.01 per gallon by 2030.
2) Largest Tax Increase Ever: The Climate Tax Bill was the largest tax increase in American history. The Congressional Budget Office (CBO) says Lieberman-Warner would effectively raise taxes on Americans by over a trillion dollars just during the next 10 years. The bill would have created $6.7 Trillion in the form of higher gasoline and electricity bills, and with no climate benefit. The Lieberman-Warner bill did not have a tax cut provision in it. Boxer’s claim of “tax relief” in the bill is based on a non-binding Sense of the Senate resolution that says some funds “should be” used to protect consumers from the coming “increases in energy and other costs” caused by the bill (Section 585, page 204 of substitute version, Sense of the Senate on Tax Initiative to Protect Consumers).
3) Nuclear Energy Lacking: Nuclear power is by far the world’s largest sources of non-emitting energy. Any credible attempt to reduce carbon emissions must include significant development of new nuclear plants. Merely passing a climate bill will not be enough to support the nuclear construction needed to satisfy the bill’s mandates. Additional incentives will be indispensable in the near-term to revitalize the industry to a level that encourages massive development.
4) Job Killer: The independent Energy Information Administration says the bill would result in a 9.5% drop in manufacturing output and higher energy costs, and that it will be worse unless we can build 268 new nuclear plants by 2030. This country has already lost 3 million manufacturing jobs since 2000. An analysis of this bill by the National Association of Manufacturers states that up to 1.8 million jobs could be forfeited by 2020 and 4 million jobs could be by 2030. Midwestern states alone could lose close to a million jobs alone in this time frame. Without international participation, which this bill fails to adequately address, global concentrations of greenhouse gases will continue to increase, even if America were to nearly eliminate its emissions.

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