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Climategate: The SEC Takes On Climate Change
Pajamas Media ^ | February 9, 2010 | Dan Miller

Posted on 02/09/2010 6:10:58 AM PST by DanMiller

Despite the wrongheadedness behind the SEC's decision, some unintended good may come of it.

(Excerpt) Read more at pajamasmedia.com ...


TOPICS: Business/Economy; Government
KEYWORDS: climate; climatechange; climategate; consequences; regulation; sec
It is uncommon for a federal regulatory agency to mandate disclosures which by virtue of the law of unintended consequences might do some good. Still, that’s what the SEC appears to have done.
1 posted on 02/09/2010 6:10:58 AM PST by DanMiller
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To: DanMiller

I think that the main thing is that they are laying the groundwork for the exchange of carbon credits in the market, similar to the EU. NOT a good thing. Google “Rube Goldberg” to see how it will all work.


2 posted on 02/09/2010 6:14:36 AM PST by jdsteel (CONGRESS: Take it again in twenty ten.)
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To: jdsteel

Another “derivatives” bubble inflating?


3 posted on 02/09/2010 6:25:34 AM PST by cvq3842 (A fool and his liberty are soon parted.)
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To: cvq3842

Well, not really. It has not been either effective or profitable in Europe. It’s just window dressing for government control and taxes on economic activity. As a matter of fact Kerry is working hard on this: http://www.businessweek.com/news/2010-01-27/kerry-graham-seek-scaled-back-climate-plan-in-bid-for-support.html


4 posted on 02/09/2010 6:31:58 AM PST by jdsteel (CONGRESS: Take it again in twenty ten.)
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To: jdsteel

Thanks for info.


5 posted on 02/09/2010 7:17:08 AM PST by cvq3842 (A fool and his liberty are soon parted.)
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To: cvq3842

No problem....be well, and I hope you aren’t dealing with the snow storm that I am!!!


6 posted on 02/09/2010 1:48:13 PM PST by jdsteel (CONGRESS: Take it again in twenty ten.)
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To: jdsteel

I’m safe and warm, but all the best to you and yours!


7 posted on 02/10/2010 9:17:31 AM PST by cvq3842 (A fool and his liberty are soon parted.)
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