Friday, September 18, 2009

Climate [hoax] revenue soars 75 per cent as businesses lead global warming fight - 18 Sep 2009 - BusinessGreen.com
HSBC predicts global revenue from climate change-related products and services will hit $2 trillion a year by 2020
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Global revenue at firms providing climate change-related products and services grew by a record 75 per cent during 2008 to $530bn (£324bn), making the fast-growing sector larger than the aerospace and defence industries.

That is the conclusion of HSBC's annual review of its climate change indices, which assess the financial performance of firms that provide goods and services designed to cut carbon emissions or support climate adaptation measures.

The report found that climate change-related revenue at listed firms has already exceeded the $500bn a year that economist Lord Stern predicted would be generated by the sector in 2050, while the number of people employed in climate-related activities globally has doubled since 2004 to more than 2.4 million.
[October '07]: making the case for climate [scam] action by big banks - ClimateChangeCorp.com
The opportunities for banks from climate change are huge, according to HSBC, one of the world’s biggest banks.

“We can finance a wholesale shift to a low carbon economy”, Jon Williams, head of sustainable development for the bank, told the summit. “Climate change can be tackled at minimal economic cost if we do it today”.

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