Marianne Lavelle

With carbon cap-and-trade legislation now on Washington’s agenda, companies and interest groups have been hiring lobbyists at a feverish pace. For every member of Congress, there are now four climate lobbyists, many of them hoping to derail or water down the effort to reduce greenhouse gas emissions.

Those knowledgeable about Iraq say the country is now flaring 600 million cubic feet per day of natural gas. It’s wasting fuel and releasing millions of tons of carbon dioxide into the atmosphere annually.

A winter fuel crisis of high prices and shortages could darken homes and factories.

World supply is so precious that more price spikes are inevitable …”The first message American consumers need to hear,” says A. G. Edwards’s O’Grady, “[is] if you think the price of oil and gasoline has been volatile, you ain’t seen nothin’ yet.” (Excellent article)