Gambling on Global Warming

Gambling on global warming? It sounds like a really bad made-for-the-internet soap opera. But apparently at one online betting site, you actually can. So move over carbon trading and Sir Nicholas Stern – Vegas is weighing in on the true likelihood of damages from climate change.

I figured that rated a column on a lazy Friday the 13th afternoon. And while not for the not for faint of heart – here are the bets and the odds listed on their website:

“Will any of the following occur?
Hollywood will be under water before 2015 +10000
A major motion picture studio will be under water +5000
A celebrity sea-side will be under water bef 2015 +500
“Water World” becoming a reality +30000

Which will cause more damage in California?
Global warming +5000
Earthquakes -9999″

You can look it up at under their sportsbook “other”. According to one news story on the subject, they have received over 3,000 bets.

My preference, let’s just invest in cleantech and next generation energy technologies and actually try to solve the problem, but if you happen to prefer to spend your money in casinos, be my guest.

Neal Dikeman is a founding partner at Jane Capital Partners LLC, a boutique merchant bank advising strategic investors and startups in cleantech. He is founding contributor of Cleantech Blog, a Contributing Author for Inside Greentech, and a Contributing Editor to Alt Energy Stocks.

Light Bulbs Replace Coal Power Plants

By John Addison (2/23/07). California media, business and government leaders gathered at the CFL Summit in San Jose on February 22 to discuss an important subject – changing a light bulb. Yes, it was an all-day meeting about a light bulb – the compact fluorescent lamp (CFL).

A summit meeting about a light bulb? I had to attend. I thought it would be like the light bulb joke that asks “How many Californians does it take to change a light bulb?” Correct answer: Eleven. It takes four to create a space for it to happen, one to change the bulb, four to share in the experience, one to write a book about the experience, and one to negotiate the movie rights to the book.

It turns out that the right light bulb is no laughing mater. CFLs are an important part of saving billions, achieving energy independence and averting a climate crisis. If each American replaced only one conventional 60W bulb with a 13W ENERGY STAR-labeled CFL, it would prevent the burning of 30 billion pounds of coal, and save $8 billion in energy costs.

This enormous potential for change brought 200 to the meeting including a Hollywood producer, Washington officials, environmental leaders, and corporate executives from around the country.

Producer of an Inconvenient Truth, Lawrence Bender introduced the significance of, named for the 18 seconds it takes to change a bulb. “This movement is about empowering the individual — to say to every person in America that with one easy step, they can become part of a movement that will literally change the world,” said Bender. An Inconvenient Truth is nominated for two Academy Awards including best documentary. Mr. Bender’s past films Good Will Hunting and Pulp Fiction won multiple Oscars.

Co-founder of Yahoo, David Filo, talked about the unexpected rewards for doing the right things. He knows a lot about empowering people to make a difference. When he co-founded Yahoo in 1994, 99% of us were unable to navigate and communicate using the Internet. From the early years, Yahoo has supported a wide-range of non-profit causes, bringing together those that want to help with those in need. Yahoo for Good ( provides details about programs including Earth Day, Breast Cancer, and Disaster Relief. Amy Lorio, Yahoo News GM, shared how environmental news is reaching many of Yahoo’s 500 million users.

Yahoo manages and helps sponsor summits like this one. Yahoo also goes to lengths to empower employees to enjoy sustainable living and avoid gridlock traffic. (Cool Commutes)

Environmental Defense offers details about a wide range of compact fluorescent lamp for different lighting and decorative requirements at their website.

One of the CFL Summit sponsors is public utility PG&E which actively promotes fuel efficiency and is investing billions in renewable energy. Not all utilities are promoting efficiency. Making daily headlines is TXU’s controversial proposal to build 11 to 19 inefficient coal power plants that threaten all of us with the planned emission of 78 million tons of annual greenhouse gas emissions. In the past month, Americans have installed enough CFLs to more than offset the power that would be produced by these plants. provides good information and tracks success. For example, since the start of 2007, over 14 million CFLs were purchased in the U.S. During the life of these lamps, $400 million will be saved; 1.4 billion pounds of coal will not required for fueling unnecessary power plants. Over 6 billion pounds of greenhouse gas emissions will be prevented.

“A journey of a thousand miles begins with a single step, observed Confucius. Ending global warming begins by installing one CFL. It only takes 18 seconds.

John Addison is the author of the upcoming book Save Gas, Save the Planet. This article is copyright John Addison with permission to publish. For years, he and his wife Marci have lighted their home with CFLs. This article appears in full at the Clean Fleet Report.