Friday, November 27, 2009

FT.com / By Al Gore and David Blood - Time is up for short-term thinking in capitalism
Just as widespread assumptions about the value of bundled and securitised subprime mortgages collapsed when tested by reality (thereby detonating the first stage of the financial crisis), the current widespread assumption in markets that it is perfectly fine to dump 90m tons of global warming pollution into the thin shell of atmosphere surrounding our planet every 24 hours – as if it is an open sewer – is also now colliding with reality. Though we cannot predict when this assumption will collapse, it is obvious that it will – and most likely within the time-span relevant to genuine long-term investors.
Inhofe Ambushed on CNBC's 'The Kudlow Report' by Fill-in Host over ClimateGate | NewsBusters.org
When viewers tune into watch CNBC's "The Kudlow Report," they may not anticipate a host interrupting conservative Republican Sen. James Inhofe, R-Okla.

But on CNBC's Nov. 24 "The Kudlow Report," fill-in host Simon Hobbs attempted to do just that.
YouTube - Dr. Baliunas on Weather Cooking
Dr. Sally Baliunas discusses the history of people's reactions to extreme weather.
Twitter / Andy Revkin: LAT asks if climate war be ...
LAT asks if climate war beginning in Kenya: http://j.mp/hotWar But with Africa's normal extremes, tough to blame on CO2: http://j.mp/afrDry

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