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Global CEOs back greenhouse gas cuts, carbon caps
AP on Yahoo ^ | 5/26/09 | John Heilprin - ap

Posted on 05/26/2009 8:53:28 AM PDT by NormsRevenge

COPENHAGEN – A global summit of business leaders urged governments to order steep and mandatory cuts in greenhouse gases Tuesday, favoring a cap-and-trade system instead of a tax to set a market price for carbon waste.

The strong consensus among the 500 CEOs and other top business experts attending the World Business Summit on Climate Change added momentum to prospects of forging a new U.N. climate treaty in six months.

Leaders agreed at the end of the three-day conference on the need for "immediate and substantial" emission cuts by 2020, based on the best science available, followed by cuts of "at least half of 1990 levels by 2050."

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; Politics/Elections
KEYWORDS: capandtrade; ceos; global; greenhousegas

1 posted on 05/26/2009 8:53:28 AM PDT by NormsRevenge
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To: NormsRevenge
Of course many CEOs love the concept. I can see the love letter now:

TO: Mr. Upstart Competitor
FROM: CEO, Jurassic, Inc.

RE: Your ability to grow.

Fat chance getting carbon emission permits to expand enough to offer me any real competition. Ain't government grand? Hugs and kisses.

2 posted on 05/26/2009 8:57:08 AM PDT by dirtboy
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To: dirtboy

LOL ... You nailed it. That needs to be put up in lights.


3 posted on 05/26/2009 8:58:12 AM PDT by Tarpon (You abolish your responsibilities, you surrender your rights.)
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To: NormsRevenge
Plus it is a whole new area of totally fake investments that can be traded.

Just like Mortgage Derivatives, except there will be no value to even foreclosed upon! It's totally vapor.

4 posted on 05/26/2009 9:00:07 AM PDT by Gorzaloon (Roark, Architect.)
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To: Tarpon

Mercantilism and Fascism are first cousins.


5 posted on 05/26/2009 9:00:25 AM PDT by ChicagahAl (Don't blame me. I voted for Sarah.)
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To: ChicagahAl

I, too, have been thinking this is all looking like a return to mercantilism - domestic energy, American job protectionism. BO and the dims are even bringing back Royal monopolies.

The NappyOne


6 posted on 05/26/2009 9:05:25 AM PDT by NappyOne
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To: NormsRevenge
we should all do our part and make sure we buy no products from any of these companies so that we can all help them reduce their carbon footprint

also I think we should all stop going to work, look at all the pollution we create commuting back and forth, I think it would be much better for the environment if Obama just mails us a check each week, on second thought don't mail it just more pollution and trees cut down to print checks, just direct deposit it to my account

7 posted on 05/26/2009 9:21:31 AM PDT by edzo4 (NoBama 2012)
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To: NappyOne

The industrial-political complex at work, aided and abetted by the Associated Press.

resist...resist...resist


8 posted on 05/26/2009 9:34:06 AM PDT by Walrus (If at first you don't secede, try, try again.)
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To: NormsRevenge

Carbon Caps and Herring

Name two things that both come from Copenhagen
and both stink...


9 posted on 05/26/2009 9:43:41 AM PDT by Buckeye McFrog
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To: NormsRevenge
The strong consensus among the 500 CEOs and other top business experts attending the World Business Summit on Climate Change added momentum to prospects of forging a new U.N. climate treaty in six months.

Simple message, same as before, we got ours screw you' all.

10 posted on 05/26/2009 9:48:27 AM PDT by org.whodat
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To: ChicagahAl

Mercantilism preceded Fascism and did not have the dictatorial control element.

Explain if you will.


11 posted on 05/26/2009 9:49:36 AM PDT by Tarpon (You abolish your responsibilities, you surrender your rights.)
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To: edzo4
we should all do our part and make sure we buy no products from any of these companies so that we can all help them reduce their carbon footprint

If you do that, 0-buma will just bail them out.

12 posted on 05/26/2009 10:01:03 AM PDT by Sarajevo (You jealous because the voices only talk to me.)
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To: Tarpon

I said they were first cousins, not identical twins.

Look at all the attributes they have in common. They are very similar. The big difference is that in Mercantilism, the State supports and protects the industries, but lets the business leaders make their own business decisions.

Fascism looks exactly the same, with the exception that the State exerts more control over the business decisions.

My main points are:
1. It’s an easy move from Mercantilism to Fascism.
2. As regulations and controls are added to the mix, the lines blur as to exactly where the transition is from Mercantilism to Fascism.
3. Selling Big Business on Mercantilism, then quietly turning it into Fascism is like boiling the frog.
4. Ø wants Fascism. Big Business wants Mercantilism. Small Business wants Capitalism. Small Business loses and the tug of war will be between Ø and Big Business.
5. Mercantilism and Fascism are first cousins.


13 posted on 05/26/2009 10:03:58 AM PDT by ChicagahAl (Don't blame me. I voted for Sarah.)
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To: ChicagahAl
Ahh, I see your point -— It's a good one.

All you need is for a dictator to step in and no one do anything. Then you get Mussolini or Chavez, or Obama ...

Freedom is one generation from extinction, the founders knew that and tried to prepare people to ward it off.

14 posted on 05/26/2009 10:35:19 AM PDT by Tarpon (You abolish your responsibilities, you surrender your rights.)
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To: NormsRevenge

This is not in the best interests of their businesses, unless their other business is the New World Order.


15 posted on 05/26/2009 10:57:33 AM PDT by RoadTest (For there is one God, and one mediator between God and men, the man Christ Jesus - I Tim 2:5)
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