Tuesday, November 3, 2009

Climate Change profiteers

In the below post, I stated it was Climate Change supporters & proponents who were attempting to sell us snake oil in the form of Cap & Trade.

They ignore the millions of years that the earth has gone through natural cooling & warming cycles.

They will not speak to the rise in temperatures ending in 98-99. Since that time the temps have plateaued.

They will not speak to the fact that the US will be at a competitive disadvantage with India & China who will not be bound to this bill’s emission limits or the associated cost. Both countries refuse to participate.

Some Democrats, such as Commerce Secretary, Locke have said that Americans should be willing to pay for China’s emissions. What a stupid concept!

Not only would we send them more of our jobs, we would also subsidize their emissions? It is all about the money.

Like so many things that occur in our country that doesn’t seem to make sense, a person usually only has to follow the money to find the rationale behind otherwise indefensible self-defeating policies.

I found an article that gives an example of this, in of all places, the bird cage liner of choice, the NY Times.

The article tells how a big time climate change prophet, Al Gore, has positioned himself to make several million dollars off of the one deal highlighted in the article.

I will give the highlights, and those wanting to read the full article can read the provided link.

WASHINGTON — Former Vice President Al Gore thought he had spotted a winner last year when a small California firm sought financing for an energy-saving technology from the venture capital firm where Mr. Gore is a partner.

The company, Silver Spring Networks, produces hardware and software to make the electricity grid more efficient. It came to Mr. Gore’s firm, Kleiner Perkins Caufield & Byers, one of Silicon Valley’s top venture capital providers, looking for $75 million to expand its partnerships with utilities seeking to install millions of so-called smart meters in homes and businesses.

Mr. Gore and his partners decided to back the company, and in gratitude Silver Spring retained him and John Doerr, another Kleiner Perkins partner, as unpaid corporate advisers.

The deal appeared to pay off in a big way last week, when the Energy Department announced $3.4 billion in smart grid grants. Of the total, more than $560 million went to utilities with which Silver Spring has contracts. Kleiner Perkins and its partners, including Mr. Gore, could recoup their investment many times over in coming years.

Silver Spring Networks is a foot soldier in the global green energy revolution Mr. Gore hopes to lead. Few people have been as vocal about the urgency of global warming and the need to reinvent the way the world produces and consumes energy. And few have put as much money behind their advocacy as Mr. Gore and are as well positioned to profit from this green transformation, if and when it comes.

http://www.nytimes.com/2009/11/03/business/energy-environment/03gore.html?partner=rss&emc=rss

This is but one glaring example of how people claiming to be for the little guy are preparing to stick it to the little guy that they purport to support.

They are quick to dismiss anyone voicing doubts about their claims.

They do so, not out of concern for mankind, but for their personal concern for their own wallet.

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