Tuesday, March 13, 2007

More on that Global Warming story

As politicians fall over themselves to present their "green" credentials with ever fewer ideas on the environment or, for that matter, any other subject among the whole lot of them, the people are beginning to revolt.

The BBC has, rather unwisely perhaps, opened its website to anyone who wishes to comment on the subject of the government's climate change proposals, which seem to consist of more taxation, more regulation and a move back to the Dark Ages and the Conservatives' policies, which seem to consist of more taxation, more regulation and a move back to the Dark Ages. None of which, one assumes, will apply to the politicians themselves, who simply have to produce all that hot air.

It seems that the BBC audience, with very few exceptions, is not impressed. It is, indeed, very unimpressed. The BBC did say Cameron's policy was risky. It appears to be frankly suicidal.

Meanwhile, Thomas Lifson on American Thinker has found an interesting new story on the subject of Al Gore, CO2 emissions and the whole global warming ... ahem ... scam.

Would you be able to see Gore and his carbon trading company as a natural successor to Enron? Well, this is not entirely far-fetched:
About 20 years ago Enron was owner and operator of an interstate network of natural gas pipelines, and had transformed itself into a billion-dollar-a-day commodity trader, buying and selling contracts and their derivatives to deliver natural gas, electricity, internet bandwidth, whatever. The 1990 Clean Air Act amendments authorized the Environmental Protection Agency to put a cap on how much pollutant the operator of a fossil-fueled plant was allowed to emit. In the early 1990s Enron had helped establish the market for, and became the major trader in, EPA's $20 billion-per-year sulphur dioxide cap-and-trade program, the forerunner of today's proposed carbon credit trade. This commodity exchange of emission allowances caused Enron's stock to rapidly rise.
Naturally, one could not put CO2 emission under the Environmental Protection Agency, as it is not a pollutant.

Then came Al Gore who "led a U.S. initiative to review new projects around the world and issue ‘credits' of so many tons of annual CO2 emission reduction". And whose company trades carbon credits? Just asking.


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