An interesting article from The Daily Reporter by AP writer Thomas Wagner.
"The United States, Europe and Japan are locked in a frantic race to cash in on the exploding business of saving the planet." As in, who can profit from it the most and the quickest?
"the battle against global warming continues to offer investors an unusual chance to be idealistic and greedy at the same time." As ever, it seems that greed, in the end, will always win.
"The city of London financial district has taken the lead in making billions from the management of CO2 emissions, one of the fastest-growing segments in financial services." So the UK is doing OK in the emissions trading arena and the wall street mob are now watching it enviously.
"America, however, has emerged as the world leader in developing clean energy technologies." Well, you could have fooled me on that one: the US was the last major power to even admit that there might be a global warming problem; and they still haven't even signed up to Kyoto! To be fair, they are damned good at rapid development projects.
"There's a lot of money chasing not so many ideas, so the prices are going up fast, raising some concern that this activity by venture capitalists and hedge funds could produce the next dot-com bust" Or perhaps, the renewables bubble?
As ever, where there is a whiff of money to be made, the voracious greed merchants appear to be at the forefront. I just hope that as much effort is put in to making the future climate secure for our children and grandchildren as there seems to being put in to make a fast buck or two.
Junkk.com promotes fun, reward-based e-practices, sharing oodles of info in objective, balanced ways. But we do have personal opinions, too! Hence this slightly ‘off of site, top of mind' blog by Junkk Male Peter. Hopefully still more ‘concerned mates’ than 'do this... or else' nannies, with critiques seen as constructive or of a more eyebrow-twitching ‘Oh, really?!' variety. Little that’s green can be viewed only in black and white.
Friday, August 24, 2007
1 comment:
I believe in freedom of speech. But I also don't like bullies on blogs, even verbal ones, as they can drive away those with something valid to say... or offer.
Subjective is fine, but well argued and substantiated is even better. Calm and polite tops. Anything that crosses my personal line will not go up. There may be reasons given, but not guaranteed.
I'm not too keen on 'Anon' as a handle (and the content usually explains why), so if that's what you opt for it may not make it. Sorry.
Hi Tom,
ReplyDeleteWelcome to the Junkk Blog.
We are aware of the inherent risk of low level ozone in terms of its potential to reduce crop yields etc.
We posted something on this back in July - see Ozone