Does LEED certification really mean a building is energy efficient?

The U.S. Green Building Council has gotten a lot of attention through promotion of its LEED standard.  I am personally aware of several organizations that have focused intense PR campaigns on claims that their buildings have been modified, usually at considerable expense, so that they are LEED-certified and thus more energy efficient.  Here's the claim as to the meaning of LEED certification on USGBC's website:

LEED, or Leadership in Energy and Environmental Design, is an internationally-recognized green building certification system. Developed by the U.S. Green Building Council (USGBC) in March 2000, LEED provides building owners and operators with a framework for identifying and implementing practical and measurable green building design, construction, operations and maintenance solutions.
Consequently, buildings that are LEED certified are understood by the general public as indicating that a building is especially energy-efficient. Today I read a disturbing article in Mother Jones (not yet available online): "Leeding us On."  The article focuses on allegations made by Henry Gifford, a New York City energy efficiency consultant, who calls LEED "a joke." Here's an excerpt: [More . . . ]

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Insider Trading Writ Large

Imagine, if you will, a country in which banking regulations were stripped down so far that worthless paper again becomes a hot commodity. Now consider that this had (as it inevitably must) blown up and caused a crash in the lending market and equities market and thus the economy in general. Further note that a necessary result would be a rapid rise in the price of precious metals, notably gold. After a couple of years, that gold bubble would be ripe. People who had assets remaining when the junk bonds or sub-prime mortgages or whatever collapsed could have conservatively moved their money into gold, further depressing the equities market and inflating the price of gold. But, wait. Because of government investing, the market was recovering too fast! So fast that the wealthy were unable to swap their inflated gold for depressed stocks at the optimum time. What to do? Congress to the rescue! The wholly owned carriers of the banners of freedom and independence could be employed to create a palpably unnecessary crisis with a distinct deadline. Yes! This would quickly depress the markets and allow those holding too much bubble-gold to buy depressed stocks. Meanwhile, those elected to carry the load of screwing the middle class could also jump on the wagon and buy up stocks just before the deadline hits. Then the price of stocks returns to normal levels, and the gold bubble can be allowed to pop. I, for one, would like to see the trading histories of all those involved in the current crisis, and their friends and kin.

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Free Speech Above All

Johann Hari on Religious Censorship This video is an impassioned declaration on the importance of not allowing "sensitivities" and an unwillingness to offend become a force against free speech.  It is also, underneath, an argument for rejecting the pseuodthink of irrational defenses of absurdity.

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