Carbon markets after Copenhagen: Don’t hold your breath. Something curious has been happening in the carbon markets. Even the most inventive financial engineers would not have come up with the idea of a difference in value between the air people breathe in and the air they breathe out. Yet traders seem uninterested in political cues. [News Source]

Defusing the methane greenhouse time bomb. Could methane-digesting bacteria and an Arctic cap of fresh water prevent a climate catastrophe? [News Source]

A new clean economy–with old sources of energy. Since his election, President Barack Obama has emphasized the importance of developing new sources of energy and cultivating the jobs that will come with them. But, increasingly, the President's new clean economy seems to rely on old sources of energy. [News Source]

India’s future energy business plan — Shop the world for more coal. Jharkhand, India's richest coal states; is among the most corrupt in the country. It has a thriving coal mafia, and millions of dollars get traded between politicians leveraging the future of the residents to gain control over the fuel. [News Source]

Climate scepticism ‘on the rise’, BBC poll shows. The Populus poll of 1,001 adults found 25% did not think global warming was happening, a rise of 8% since a similar poll was conducted in November. The percentage of respondents who said climate change was a reality had fallen from 83% in November to 75% this month. [News Source]

As sea rises, unease follows. Whether or not climate change is to blame, rising sea levels are a growing concern for Newport Beach city officials. [News Source]

Tibet temperature ‘highest since records began’ say Chinese climatologists. The roof of the world is heating up, according to a report today that said temperatures in Tibet soared last year to the highest level since records began. [News Source]

Generation game. Rising oil prices and mounting concern about global warming may have stoked demand for biofuels, but oilmen and farmers still have relatively little to do with one another. [News Source]

The battle for Cape Wind. It could be the country’s first offshore wind project, offsetting millions of tons of greenhouse gases with clean energy. But Native Americans say the windmills would threaten one of their most treasured spiritual rites—greeting the rising sun. [News Source]

Lady Gaga ‘more harmful than fossil fuels.’ 'Just one of her outfits produces more carbon emissions than a flight from Helsinki to Vancouver.' [News Source]

Arctic melt to cost up to $24 trillion by 2050: Report. Arctic ice melting could cost global agriculture, real estate and insurance anywhere from $2.4 trillion to $24 trillion by 2050 in damage from rising sea levels, floods and heat waves, according to a report released on Friday. [News Source]