Wednesday, March 25, 2009

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.

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.
‘Green Hell’ Coming Soon to a Life Like Yours - Marc Morano - HUMAN EVENTS
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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