Wall St is salivating over the prospect of a new trillion dollar carbon trading industry. ALL of that money will be sucked out of productive industries who actually make things, and handed to the 'prudent managers' in Washington and on Wall St who gave us our current meltdown.
Meanwhile American consumers will be stuck with higher prices for everything when productive industries raise their prices to recover the costs of reducing CO2 emissions and buying carbon credits. And Jrbarnes is right: increased CO2 enhances plant growth which will be necessary to feed a growing world population. Manmade global warming is political manipulation of the most destructive kind.
Economic Donkeys [View article]
Carbon Capping Debate - Will Results Favor Wall St.? [View article]
Meanwhile American consumers will be stuck with higher prices for everything when productive industries raise their prices to recover the costs of reducing CO2 emissions and buying carbon credits. And Jrbarnes is right: increased CO2 enhances plant growth which will be necessary to feed a growing world population. Manmade global warming is political manipulation of the most destructive kind.