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