Investors Business Daily fact checks Al Gore’s recent New York Times editorial. Climate Fraud: Al Gore resurfaces in an op-ed to say that nobody’s perfect, everybody makes mistakes and climate change is still real. And he has some oceanfront property in the Himalayas to sell you. If hyperbole and chutzpah had a child, it would [...]
And another from commenter Graham. He’s on a roll. When is an oil palm plantation a rainforest? When the EC is handing out carbon offsets and paying for rainforests to be burned. “Two weeks ago, a leaked document from the EU revealed that the European Commission and some member states hope to include oil palm [...]
Tulips, tech stocks, housing market and now the carbon market. Bubbles go bust, baby.
The big sales point of cap-and-trade is that it will reduce CO2 emissions, and thereby save the world from self-destruction. Blah, blah, blah, we’re all going to die, we know. Just like progressive taxation–in the minds’ of liberals–does not increase government revenues and instead simply punishes those who work hardest in society, cap-and-trade will not [...]
Woman Who Invented Credit Default Swaps is One of the Key Architects of Carbon Derivatives, Which Would Be at the Very CENTER of Cap and Trade
Who is Blythe Masters? She is the JP Morgan employee who invented credit default swaps, and is now heading JPM’s carbon trading efforts