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Where we're headed - and PART of the reason why...
Old 05-21-2009, 10:59 PM   #1 (permalink)
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Where we're headed - and PART of the reason why...

For those who wonder who benefits from the global warming hoopla:

The Climate-Industrial Complex - WSJ.com

A quote:

Quote:
U.S. companies and interest groups involved with climate change hired 2,430 lobbyists just last year, up 300% from five years ago. Fifty of the biggest U.S. electric utilities -- including Duke -- spent $51 million on lobbyists in just six months.

The massive transfer of wealth that many businesses seek is not necessarily good for the rest of the economy. Spain has been proclaimed a global example in providing financial aid to renewable energy companies to create green jobs. But research shows that each new job cost Spain 571,138 euros, with subsidies of more than one million euros required to create each new job in the uncompetitive wind industry. Moreover, the programs resulted in the destruction of nearly 110,000 jobs elsewhere in the economy, or 2.2 jobs for every job created.
It's not really about climate, what causes changes, or what we can do about it - it's ALL about $$$$$$$$$$$$$$...
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