I guess they missed their chance to invest in Pets.com: Gabelli to Offer Green Fund
Commenting on the strategy, Mr. Segrich said, “Green companies around the world are addressing sustainability issues such as Climate Change, Energy Security and Independence, Natural Resource Shortages, Organic Living, and Urbanization through innovative products and services. Moreover, we believe these issues are accompanied by a series of Economic, Social, and Political (ESP) changes that have significant global impact and should not be ignored by companies, investors, or individuals.”U.S. Top Climate Negotiator Urges Congressional Action on Climate Change ahead of Copenhagen at CGD Symposium
Mr. Segrich continued, “Already we have seen the emergence of hundreds of new companies, as well as the repositioning of existing ones, in the following subsectors: clean power generation, energy storage, recycling and waste, water, energy efficiency, transportation solutions, smart grid and distribution, carbon, forestry, agriculture, and medicine. It is the potential represented by these trends that we will seek to tap for our investors.”
"The optimum would be legislation that is signed, sealed and delivered," said Stern, who was appointed by Secretary of State Hillary Rodham Clinton as the U.S. envoy for climate negotiations.VIV FORBES: Demonising Carbon – a Death Wish? | CO2sceptics
“We are supposed to panic over carbon dioxide levels of a miniscule 380 parts per million.
“Most life, plants and animals, probably developed with CO2 levels of about 1500 ppm – 400% above current levels. This fact is well understood by greenhouse operators who burn gas to increase CO2 levels to at least 1,000 ppm, 260% above current atmospheric levels.
“Inside populated buildings, CO2 levels of 3,000 ppm (770% above current levels) have been measured in homes, schools and offices with no ill effects. Even most Health and Safety people consider 5,000 ppm (1,300% above current levels) to be safe. Medical gas given to people with respiratory problems typically contains 50,000 ppm CO2 (13,000% above current levels) and our lung sacs retain about 65,000 ppm (16,800 % above current levels). Not until CO2 levels get to 100,000 ppm (260 times current levels) is there any concern about human health..."
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