Washington Times - KERPEN: Cap-and-trade [con] for AIG?
When the good folks at Enron first cooked up the idea for a cap-and-trade scheme, the appeal was that they could make a fortune running the financial markets to trade the emissions permits and the huge variety of exotic derivatives that would grow up around them.‘Green Hell’ Coming Soon to a Life Like Yours - Marc Morano - HUMAN EVENTS
So it should be no surprise that Wall Street's foremost wizards jumped on board the effort, including the American International Group Inc. AIG's then-Chief Executive Martin Sullivan was reported by Reuters as saying in 2007 that AIG "can help shape a broad-based cap-and-trade legislative proposal, bringing to this critical endeavor a unique business perspective on the business opportunities and risks that climate change poses for our industry." Translation: We're going to get rich on this.
Life used to be nasty, brutish and short before widespread use of carbon based energy. The unprecedented advances in the 20th century stands as a testament to carbon based energy. Will the developing nations’ poor residents be allowed to prosper like the Western world or will they descend into a “Green Hell” of poverty, misery and death? Green Hell serves as wake up call against complacency and a guide to battle the anti-human green juggernaut.
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