Skip to comments.Climategate: The SEC Takes On … Climate Change
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 ...
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.
Another “derivatives” bubble inflating?
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
Thanks for info.
No problem....be well, and I hope you aren’t dealing with the snow storm that I am!!!
I’m safe and warm, but all the best to you and yours!
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