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Subject:
Al Gore?s Carbon Crusade: The Money and Connections Behind It
CJH
6/13/2008 8:15:57 PM
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"http://www.capitalresearch.org/pubs/pdf/v1185475433.pdf"
"To its critics on both the free market right
and the environmentalist left, carbon offsets
are no more than a marketing gimmick.
Some describe the fanciful device as akin to
medieval indulgences, which were sold in a
cleric-run market to regulate the remission
of sin. ?Carbon offsets are the modern-day
indulgences, sold to an increasingly carbon-
conscious public to absolve their climate
sins,? asserts Kevin Smith of the leftwing
London-based group Carbon Trade
Watch."
"Cui Bono?
Whatever its impact on the environment,
the cap-and-trade carbon scheme is sure to
boost the economic and political prospects
of people and groups that are behind it. In a
new book, The Politically Incorrect Guide
to the Environment (Regnery, 2007), Christopher
Horner, a senior fellow at the Competitive
Enterprise Institute, observes that the
chief executives of energy businesses like
Enron and BP were quick to see how they
could work with policymakers to make sure
that their companies benefited from new global
warming laws. Writes Horner: ?Enron, like
many of the very biggest businesses in
America, saw Kyoto?and still see global
warming laws and regulations?as the best
price-fixing and subsidy-creating deal in history.?
Before the company collapsed under the
weight of financial scandal, Enron under CEO
Ken Lay was a key proponent of the cap-andtrade
idea. So was BP?s Lord John Browne,
before he resigned last May under a cloud of
personal scandal. In August 1997, Lay and
Browne met with President Bill Clinton and
Vice President Gore in the Oval Office to
develop administration positions for the
Kyoto negotiations that resulted in an international
treaty to regulate greenhouse gas
emissions. In his book, The Green Wave
(Capital Research Center, 2006), author
Bonner Cohen notes that the companies expected
to profit handsomely from the Kyoto
global warming treaty by creating the worldwide
trading network in which industries
would buy and sell carbon emissions credits."
"Al Gore is chairman and founder of a private
equity firm called Generation Investment
Management (GIM)."
"GIM appears to have considerable influence
over the major carbon credit trading
firms that currently exist: the Chicago Climate
Exchange (CCX) in the U.S. and the Carbon
Neutral Company (CNC) in Great Britain. CCX
is the only firm in the U.S. that claims to trade
carbon credits."
(Barack Obama tie in -
"http://www.sportsmenforobama.org/content/view/33/"
"The Joyce Foundation
Tuesday, 11 September 2007
The Joyce Foundation is a liberal, charitable foundation that, among other things, funds gun control groups. According to Wikipedia :
Since 2003, the Joyce Foundation has paid grants totaling over $12 million to gun control organizations and for research into gun violence prevention. The largest single grantee has been the Violence Policy Center, which received $4,154,970 between 1996 and 2006, and calls for an outright ban on handguns, semi-automatic and other firearms, and substantial restrictions on gun owners.
Conveniently, the Joyce Foundation has a list of the gun control funding grants here .
The Joyce Foundation's Annual Reports list Barack Obama as one of the 12 members of the Board of Directors from 1998 until 2001 "
)
"CCX owes it existence in part to the Joyce
Foundation, the Chicago-based liberal foundation
philanthropy that provided $347,000
in grant support in 2000 for a preliminary
study to test the viability of a market in
carbon credits. On the CCX board of directors
is the ubiquitous Maurice Strong, a
Canadian industrialist and diplomat who since
the 1970s has helped create an international
policy agenda for the environmentalist movement.
Strong has described himself as 'a
socialist in ideology, a capitalist in methodology.'
(His past job titles include 'senior
advisor' to U.N. Secretary-General Kofi
Annan, 'senior advisor' to World Bank president
James Wolfensohn, and board member
of the United Nations Foundation, a creation
of Ted Turner.) The 78-year-old Strong, who
is said to be in failing health, is very close to
Gore."
"But the president is unwilling to call for
mandatory nationwide emissions rules, and
instead favors voluntary carbon emission
cuts in the private sector. This is deeply
frustrating to all the brokers, wheeler-dealers,
and interest groups that want to jump on
the cap-and-trade bandwagon. There are billions
of dollars to be made in trading emissions
credits. But first the federal government
must force everyone to play the game.
?Why would you cut if your competitors do
not?? asked Richard Rosenzweig, according
to the Washington Post. Rosenzweig, a former
environmental official in the Clinton administration,
now runs Natsource, a ?carbon asset
management? company." |
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