Who gets the green from going green?
A lot of the environmentalism information and advertising about which I comment comes not from "right wing" publications, but my husband's architectural and engineering journals and newsletters. Also the
Wall Street Journal, which although it covers the business world, is right up there with NYT in way left off the page. Green is a huge business (especially for ad agencies), much of it tear down, start over, and use more (but different) resources. And many of our largest companies and most powerful politicians stand to gain the most. Al Gore, for instance--worth $2 million when he left office--now one of the world's richest men, with a fortune built almost entirely on warning us about the phony global warming issue (some of his wealth comes from serving on boards of corporations which will benefit from new government regulations). Nancy Pelosi is another--investing in wind power while refusing to let America drill for oil, while the rest of us face soaring prices from her Congress' inaction.
Al Gore says everyone will benefit when new government rules require companies to pay to reduce global warming. But some people will benefit more than others, as will some companies. Benefiting most are those like the ex-vice president who can set up and invest in companies that will profit from the federal regulations imposing heavy costs on others. Al Gore's Carbon Empire
1 comment:
For people like Pelosi, investing in green as she did can be taken as "double Dipping". Controling legislation to favor certain industries allows her to gain by accepting campaign contributions from them while profiting from investing in them. Gee, our legislators are soooo smart!
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