Is financial trading of carbon dioxide offsets a smart way to reduce major greenhouse gas emissions or an opportunity for fraud and abuse? For years, many interests have seen carbon trading, also known as “carbon offsets” – conceptually similar to the U.S. emissions cap and trade projects that accompanied the reduction in sulfur dioxide power… More Carbon offsets, once trendy, now in big trouble

Merrimack Station in Bow, N.H., New England’s last coal-fired power plant, lives. The two-unit plant finally passed a particulates emissions test that will keep the plant running. The plant owner operators, Granite Shore Power, had been trying for over a year to pass the test. Nor was the event a complete success. According to New… More Around the world, coal still sits atop a wobbly throne