Discussion in 'Economy' started by Annie, Nov 9, 2008.
Lawrence Solomon: Green market risk - FP Comment
The ETS is corrupt in concept and in practice.
Amazing what we come up with when laws and morals are lax.
And now we see why there has been such a huge push in global warming hysteria in recent years. I have said before that Wall Street is licking it's chops over the prospect of trading carbon credits, while governments are lusting after a new gigantic source of revenue and control.
Yesterday I read something about an international currency conference among the world leaders, to be followed up with an announcement in January; I wonder if an international carbon currency is what they have in mind?
It would be a terrible idea under any circumstances, but to do this soon will lead to a depression.
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