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May 22, 2008
Follow the Money
Posted by Dave Blount at May 22, 2008 9:04 AM
It isn't just knee-jerk leftists in the media and power-mad bureaucrats who are riding the global warming hoax. Big business and investors have climbed aboard too. To understand why, just follow the money:
Investors managing more than $2.3 trillion urged the government on Tuesday to enact strict laws to cut greenhouse gas emissions[…] Legislation that promotes new and existing clean technologies on the scale needed to dramatically cut down pollution is needed, they said.
Investors said the lack of strong federal laws may hurt U.S. competitiveness because it is preventing companies from making large-scale capital investments in clean energy such as solar and wind power and other low-carbon technologies and practices.
If the "solar and wind power and other low-carbon technologies" that these investors are presumably investing in made any economic sense, they would not need to ask the government to impose them by force. Likewise GE, makers of those overpriced, curlicue light bulbs full of toxic mercury, uses its subsidiary NBC to spew global warming propaganda and has actively lobbied to get normal light bulbs banned. The grand-daddy of global warming pioneers, Al Gore, has been investing heavily in "green" technology that he hopes will be mandatory.
This isn't about polar bears. It's about a few greedy profiteers getting outlandishly rich at the expense of everyone else's standard of living.
On a tip from Oiao.
