Latest Articles

Massive database of species goes online

An online Encyclopedia of Life that aims to eventually include every living organism on the planet has unveiled its first detailed pages. Read up on the 24 species that have entries complete with text, pictures, and video, or sift through 30,000 others with preliminary information. Those involved with the encyclopedia, which got its start from […]

Notable quotable

“Anybody can talk and beat up coal: They don’t like it; it’s dirty; it does this and this. But I can assure you, they’re not going to turn their lights or their demand for energy off.” — Gov. Joe Manchin of West Virginia

A chat with Philip V. Adams of the World Green Exchange auction system

Last week, World Energy Exchange, an online energy trading platform, officially launched a new marketplace for renewable-energy certificates and greenhouse-gas permits. The World Green Exchange employs an auction system -- think eBay -- to bring buyers and sellers together. In theory, auctions create a more transparent marketplace and drive out cost inefficiencies by directly connecting the buyer and seller and removing the middleman.

We caught up with World Energy President and COO Philip V. Adams last week to find out how the launch went and why he thinks WGE will stand out in an increasingly crowded field dominated by the Chicago Climate Exchange in the U.S. and European Climate Exchange and European Energy Exchange overseas.

Grist: Congratulations on launching the World Green Exchange. I know it's only been up and running for a couple of days, but is it attracting users and working as you had hoped so far? How will you measure success longer term?

Adams: Thank you. The World Green Exchange was formally launched last week, but in fact we have been conducting transactions on the platform for the past several months. We're a bit of a conservative firm, and took the view that we would have real client success in the marketplace before making an announcement of our capabilities. As we suspected, the auction approach is performing very well. In several transactions conducted to date, we have significantly bettered benchmark prices that were derived to our clients who were using brokers or bid-ask exchanges.

Chris Dodd endorses Barack Obama for prez

Former presidential contender Chris Dodd has broken with the wait-and-see Democrats to endorse Barack Obama for president. Obama has been “poked and prodded, analyzed and criticized, called too green, too trusting, and for all of that has already won” a majority of states and votes, said Dodd. See what he did there, using the word […]

EPA staffers warned Johnson he might have to resign if he denied Cali’s waiver

Stephen Johnson. Lordy. Not only did Stephen Johnson’s staff at the EPA oppose his decision to deny California’s waiver, but they warned him that if he denied the waiver he might have to resign in shame. Boxer’s EPW committee has gotten ahold of some internal memos and briefings from the EPA. To pick just one […]

Dodd endorses Obama

Chris Dodd, the only significant presidential candidate to support a carbon tax, has endorsed Barack Obama. He also said he wouldn’t want to be VP … not that there was much danger of that.

Exxon will try to convince Supreme Court it’s paid enough for oil spill

On Wednesday, Exxon Mobil Corp. will try to convince the U.S. Supreme Court that it should not have to pay $2.5 billion in punitive damages to Alaskan folk affected by the 1989 Exxon Valdez oil spill. Exxon, which earlier this month posted an annual profit of $40.6 billion, will argue that the $3.4 billion or […]

Climate change myth debunked: scientists did not predict new ice age

Over on his blog, John Fleck dispatches one of the most ridiculous urban legends of climate change: that scientists in the 1970s were predicting that an ice age was impending.

John and his colleagues, Thomas Peterson and William Connolly, point out that, even in the 1970s, most scientists thought that global warming was the dominant problem.

It should also be pointed out that those worried about global cooling did not necessarily dispute the fact that carbon dioxide causes warming. Rather, the global cooling theory was based on the idea the dust and other stuff people were putting into the atmosphere would reduce sunlight by more than enough to overwhelm the heating from carbon dioxide. The net result would be cooling.

There is in fact no credible dissent to the argument that carbon dioxide warms the climate. Even the Dean of Skeptics, Dick Lindzen, admits that (although he predicts less warming than the IPCC).

So, two things to remember:

1. The consensus that an ice age was coming in the 1970s didn't actually exist.
2. The theory that an ice age was coming does not contradict the theory that carbon dioxide warms the climate.

In North Carolina’s Triangle, a severe drought has leaders stumped

North Carolina’s Triangle — Durham, Chapel Hill, and Raleigh — counts as the state’s economic, educational, and political engine. It’s also very quickly running out of water, parched by a severe drought. Are the area’s leaders doing anything constructive to respond to the situation? So far, the signs aren’t encouraging. I’ve been following the story […]

South Africa to resume elephant culling despite criticism

South Africa announced it will resume killing elephants in May for the first time since a 1995 ban on the practice. Wildlife officials argued that culling is necessary to reduce elephant populations in the country due to their impacts on vegetation and other species; the number of elephants has more than doubled since the ban […]