Phil Plait (The Bad Astronomer) weighs in...
The actual science in the original article is pretty good; they talked with scientist Brad Carter who discusses the scenario of Betelgeuse going supernova. The whole story is pretty interesting - I wrote about it in detail the last time there was nonsense about Betelgeuse blowing up - but in a nutshell Betelgeuse is a red supergiant star in Orion with about 20 times the mass of the Sun, and it’s very near the end of its life. When stars this massive die, they explode as supernovae. The distance to Betelgeuse is unclear (it has a very puffy outer atmosphere which makes distance determination somewhat dicey) but it’s something like a bit more than 600 light years, way, way too far away to hurt us.
It's the question of when that the two articles go off the rails. Betelgeuse may explode tomorrow night, or it may not go kerblooie until the year 100,000 A.D. We don’t know. But given that huge range, the odds of it blowing up next year are pretty slim. And clearly, the original article was really trying to tie in the 2012 date to this, even when it has nothing to do with anything. The tie-in was a rickety link to scuttlebutt on the web about it, but that’s about it.
What’s worse, the HuffPo article attributes the date to Dr. Carter himself, but in the original article he never says anything about it; the connection is all made by the article author. Given how popular HuffPo is, I imagine a lot of people will now think an actual scientist is saying Betelgeuse will blow up in 2012.
OK then, tell you what: I’m an actual scientist, and I would give the odds of Betelgeuse going supernova in 2012 at all - let alone close to December, the supposed doomsdate - as many thousands to one against. It’s not impossible, it’s just really really really really really really really unlikely.
http://www.cbsnews.com/stories/2011/01/21/tech/main7269888.shtml