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Subject:
Carbon Credits - Transfer Of Wealth From Our Pockets To These Corporations (And Government)?
CJH
6/13/2008 7:43:03 PM
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United States Climate Action Partnership:
Corporations Lobby for ? and Benefit from?Climate-Change Restrictions
"http://www.capitalresearch.org/pubs/pdf/v1212187939.pdf"
"This market is what attracts many businesses,
such as the members of USCAP, to cap-and trade.
It offers the promise of serious profit
for skillful traders, offset-producers, and those
who get healthy allocations from the federal
government. As Fortune magazine reported
April 17, Point Carbon, which provides carbon
fi nance news and analysis, recently predicted
that enactment of Lieberman-Warner would
create a U.S. carbon emissions market worth
$150 billion, which is significantly larger than
the current world market of $60 billion. The
U.S. carbon emissions market could be valued
at $1 trillion annually by 2020. It?s no wonder
investment banks such as Goldman Sachs
are already champing at the bit. Goldman
Sachs, incidentally, happens to have close ties
to global warming crusader Al Gore whose
nonprofit Alliance for Climate Protection
plans to spend $300 million on an advertising
campaign to convince Americans to embrace
limits on CO2 emissions." |
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