The War On Weather, or if you prefer, Man-Made Global Warming, is not going so well. Not near as good as the War on Terror. What?
- So far, the pilots have failed to make a noticeable dent in carbon emissions
- “This is still a market created by policy,” Kong said. “The policy needs to follow the market at some time.”
- Starting in 2013, China set up the seven pilot markets in the country’s largest cities – Beijing, Tianjin, Shanghai, Chongqing and Shenzhen – as well as the industrial provinces of Guangdong and Hubei. Since mid-April, the seven markets have traded a total of 31.2 million tons of carbon. The European market in its first year traded more than 10 times that amount of carbon.
And about the time the President was telling the graduates at the United States Coast Guard Academy how man-made climate change was the greatest threat to our country, the CIA shut down its program to use its spy satellites to look at the weather.
Link: China readies national carbon market to fight climate change | CIA shuts down program using spy satellites to track climate change