An artificial market in US government-mandated carbon credits would be “monstrously stupid to do right now,” Berkshire Hathaway Inc. CEO Charlie Munger told CNBC, adding that the move is “almost demented” considering other nations’ intention to continue industrial development, emitting vast amounts of greenhouse gases. Read more here.

Jennifer Marohasy BSc PhD has worked in industry and government. She is currently researching a novel technique for long-range weather forecasting funded by the B. Macfie Family Foundation.