Tuesday, October 21, 2008

An Open Letter To Ken, Whoever You Are : “7.62mm Justice” ™
My research has led me to the belief that actually implementing what we are being told, something that they say is absolutely necessary, will cost an enormous amount of money and take decades to implement, and the results will only be marginal at best. Another thing that became most startlingly obvious from all this research is that it actually has nothing to do about the environment, but is really only about the money to be made from it, and believe me, there are people who have already made absolute scads of money, and have worked their way into positions to make even more money.
Environmental Capital - WSJ.com : Clean Energy Meltdown: Now GE's Bailing
Meltdown watch, continued. Capital is quickly drying up for new clean-energy projects, and what is available costs more, throwing a wrench into companies’ plans to expand renewable energy.

General Electric is the latest to throw in the towel, after the abrupt departure of Lehman Brothers and Morgan Stanley. The conglomerate, which makes energy gear like wind and gas turbines as well as underwriting renewable-energy projects, says it is bailing out of the clean-tech investment game for now, once it finishes with existing projects.

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