investment weenie

Obama's Green Obsession: More Harm Than Good?

I am happy people are believing the green story - US ends up with the last drop of oil on planet, the carbon tax will allow emerging markets their turn at the feeding trough, the cap & lend program give the people the opportunity to bank & securitize emissions, trade carbon delivery swaps and ultimately reward the polluter that can get the most marginal utility, given revenue and cost...

Oh, btw, I am not really worried about the environmental impact related to all the governments of the world sucking energy out of the wind, sun and oceans...