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July 25, 2007
GE Cashing in on Global Warming Hoax
Posted by Dave Blount at July 25, 2007 3:20 PM
In an astonishing display of opportunistic greed, General Electric issued a credit card today that allows users to be automatically fleeced of up to 1% of their card purchases. The cash will go to buy "greenhouse emissions offsets" — a known and rather obvious scam.
Even without government coercion (yet), there is a massive greenhouse gas credit trade in the US. It reached nearly 24 million tons of CO2 last year. The level of evidence that such schemes affect the climate remains steady at none. They may as well issue pixie dust credits.
But as P.T. Barnum is said to have said, there's one born every minute.
Spend enough and maybe you'll save a polar bear — but I sure doubt it.
On a tip from Bill.
