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Old March 16th 09, 06:41 AM posted to sci.environment,sci.physics,alt.culture.alaska,sci.geo.meteorology
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Default Day s??*10^3 - The Sun Hibernates - Crisis hits carbon trading and investments

"March 16, 2009"
http://www.spaceweather.com/
"Daily Sun: 16 Mar 09 The Sun is blank--no Sunspots. Sunspot number: 0"
"Far side of the Sun: This holographic image reveals no sunspots on the far
side of the sun."

The face of the Sun is without blemish:
http://www.spaceweather.com/images20...5gjlqo64 0ri6

Please visit:

http://blog.nj.com/southjersey_impac...SolarCycle.jpg

The right panel shows the face of the Sun as it looked on a good day during
the late Modern Warm Period. Sunspots are the apparent size of craters on
the moon. The left panel shows a Sun as it appears today. Please write to Al
Gore so that Al knows that the Sun is not living up to his religious
expectations. Al Gore is a divinity school dropout. George Carlin had a
better grasp of the true nature of God's creation, than does Al Gore.

Please visit:

http://www.co-intelligence.org/newsl...es/sun-etc.jpg

which shows the relative sizes of the Sun and planets. Compared to the Sun,
Jupiter is the size of a pea, earth is the size of a grain of sand.

Crisis hits carbon trading and investments
2009-03-16 11:55:00

MUMBAI: Global meltdown has affected investments in projects to curb
Greenhouse gases in poorer regions as many of the renewable energy projects
in developing nations such as India and China need huge investments for
implementation This in turn has also hurt the carbon emissions trading
market which is expected to grow at 33% in 2009 compared to 84% in 2008 and
107% in 2007.

According to a study conducted by Associated Chambers of Commerce and
Industry (ASSOCHAM) and Eco Pulse (AEP) there has been only 28 per cent
growth in project activities registered by the Clean Development Mechanism
(CDM) Executive Board in six month period from 1109 registered projects in
July 2008 to 1421 registered projects in February 2009 under the United
Nation Framework Convention on Climate Change (UNFCCC).

ASSOCHAM estimate that the amount of carbon dioxide equivalent (CO2e) being
traded globally in 2009 would value at USD 157 billion, growing by merely 33
per cent as compared to the year 2008.

However, the ASSOCHAM study noted that the average annual Certified Emission
Reduction (CERs) from registered projects during July 2008 to February 2009
grew by 20.92 per cent from 218,345,930 to 264,022,976 respectively.

"Prior to the crisis developers of CDM projects tap the benefits of the
growing market for carbon credits to finance a part of their project costs,
however, in the present scenario financing seems to be a mammoth task, which
might affect projects in delaying or postponements ", said Mr. D.S.Rawat,
Secretary General, ASSOCHAM.

The one time big greenhouse emitters such as the USA and other
industrialized countries that buy huge carbon permits from developing
countries like India, China and Brazil to cover their own emission limits,
are no more able to shell out large amount of euros to these countries as
shrinking demand forced large corporate firms to cut their production and
industrial emissions along with the crash in the prices of Certified
Emission Reductions (CERs) from 22 euro to 8 euro within 2-6 months.

The developed countries have to reduce emissions of greenhouse gases to an
average of 5.2 per cent below the 1990 level, according to the Kyoto
Protocol, between 2008 and 2012. These industrialized can also buy Certified
Emission Reduction (CERs) from developing countries that do not have any
reduction obligations, in case their industries are not in a position to
lower the emission levels themselves.



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