United Nations Secretary General Ban Ki-moon (left) called on world leaders Monday to collaborate in financing a multibillion-dollar fund to combat global warming. Speaking at a conference in Bangladesh’s capital, Mr. Ban said global efforts must be taken to establish a $100 billion Green Climate Fund dedicated to taming the "damaging" effects of climate change, and that the global economic crisis should not hinder such efforts.
The National Aeronautics and Space Administration (NASA) has taken the somewhat unusual step of declaring that the Earth most certainly will not be destroyed by a massive solar flare. But for adherents of various versions of “end of the world” theories related to the ancient Mayan calendar, it is unlikely NASA’s efforts will do any good.
The Federal Trade Commission reportedly forwarded a settlement offer last week to social media behemoth Facebook. The FTC began investigating Facebook over claims that the latter was violating the privacy of millions of users by changing the default value of several privacy settings without providing prior notice to subscribers.
TransCanada’s much anticipated Keystone XL oil pipeline will endure further delay as the State Department announced Thursday a plan to reroute the pipeline away from certain areas that critics claim are "environmentally sensitive."
The recent release of the Berkeley Earth Surface Temperature (BEST) study, which showed a worldwide temperature increase of about 1°C since 1950, was heralded by many as proof of global warming. Some skeptics, however, noted that the BEST data also showed that temperatures had remained unchanged for the past decade, suggesting that any warming trend had ended around the turn of the century.
A bipartisan coalition in Congress is going after a European Union scheme to impose carbon taxes on Americans flying to and from Europe, overwhelmingly approving a bill to stop the “illegal” tax. The EU’s CO2 regime is so unpopular that governments around the world and even the United Nations have also asked the bloc to back down.
With public acceptance of the theory of manmade global warming steadily waning, a new book that exposes the shoddy “science” peddled by the UN’s Intergovernmental Panel on Climate Change (IPCC) is offering further proof that there is little reason to give credence to the “doomsday” threats issued by globalists and environmental extremists.
On Wednesday, the state of North Dakota joined several power cooperatives in filing a lawsuit against the Attorney General of the neighboring state of Minnesota over Minnesota's restrictions on emissions from out-of-state electricity generators.
The days of tax-free Internet shopping may soon be coming to an abrupt end, if two Republican senators have their way.
Sens. Mike Enzi of Wyoming and Lamar Alexander of Tennessee are currently preparing to introduce new legislation that would allow states to force Amazon.com and other out-of-state online retailers to collect sales taxes. Their bill has the backing of several key corporate retailers, including Wal-Mart Stores, Best Buy, Home Depot, and other companies that are currently required to collect sales taxes. At issue is whether online retailers should have to collect sales taxes in states where they’re making sales. Currently, online shoppers are supposed to report purchases for tax purposes but usually don’t.
As an investigation unfolds over a controversial U.S. Department of Energy (DOE) loan guarantee program, another "green" loan recipient lingers at the brink of financial collapse. Massachusetts energy firm Beacon Power Corporation, which develops "flywheel-based" energy storage systems, filed for bankruptcy Sunday after receiving a $43 million Energy Department loan guarantee in August 2010 — only months after taxpayers were put on the hook for a $535 million loan guarantee granted to the now-defunct solar energy company Solyndra.