Posted on 01/22/2009 5:47:53 PM PST by Delacon
fools par·a·dise: a state of happiness that is temporary and insubstantial because it is based on illusions or unrealistic hopes - Encarta® World English Dictionary [North American Edition] © & (P)2007 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
I am struck by the diversity of risk analyses being carried out by investors in todays climate change market place. Whether its carbon* market conferences and publications, ethical investments, insurance company projects or the activities of financial, legal and engineering institutions, it seems at first glance that they have it all covered. Many financial, political, procedural, legal and technical issues are addressed. Anything that might pose a risk to the market and the hundreds of billions of dollars being poured into one of the greatest enterprises in human history fighting global climate change appears to be examined.
It looks on the surface like an investment and legislative dream come true, combining the publics desire to save the planet and compensate for recent stock market losses with helping corporations fulfill their corporate social responsibilities. It even satisfies the natural desire of politicians to be seen to be leading their nations to safety and a supposedly green, prosperous future.
On closer examination however, one notices something remarkable. Practically without exception, all of these organizations, many of them among the most successful and respected in the world, completely ignore the risk that the very foundation of all of these activities might be shown to be faulty. Like many of those who were caught off guard by the subprime mortgage crisis, those involved in the rapidly expanding climate change industry are not asking the most fundamental of questions:
(Excerpt) Read more at canadafreepress.com ...
Read the rest of the article.
Click on POGW graphic for full GW rundown
Ping me if you find one I've missed.
The Best Global Warming Videos on the Internet |
The “climate change” industry is the next big bubble to burst in this country. However, this time, somebody might finally go to jail for scamming people out of their money.
From the article:
Careers, companies and investors would be ruined, governments disgraced and the environmental movement set back decades as their primary crusade over the last ten years is exposed as hopelessly misguided, or even worse, an enormous fraud.
And then can we laugh at them and say “we told you so.”
I dunno. I REALLY am inclined to cackle like Madame Lafarge before the guillotine. But being a guy, I don't cackle so much. I hee hee from time to time. Guffaw works. :)
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