Monday links:

Lack of Direction on Climate Change Hobbles Carbon Trading (NYT)

Severin Borenstein on Cap-and-Trade: “There is a ticking time bomb under these cap-and-trade models.” (Greentech Media)

The Yuan Is About To Surge Beyond Your Wildest Dreams (Business Insider)

Gore Wants Carbon-Free Electricity in 10 Years (Greentech Media)

TED 2010: Google Optimistic It Can Remain in China (Wired)

Wall St. Helped to Mask Debt Fueling Europe’s Crisis (NYT)