Wednesday, February 18, 2009
Profiting from Global WarmingDon't miss Senior Fellow Tom Borelli's op-ed in today's Washington Examiner. It begins:
When the housing bubble burst, it exposed an unseemly alliance between special interests and the financial sector. Activists wanted homes for all at any cost, and lenders were happy to oblige despite the inherent risk.Read the rest here.
Although the economic devastation this bubble wrought is still not under control, a similar toxic alliance is working on the next one: The green bubble.
Failing companies such as AIG, General Electric and General Motors, already propped up with tax dollars, have partnered with radical environmentalists in a scheme their CEOs believe will allow them to profit on fears about global warming...
Posted by Amy Ridenour at 9:57 AM