NYTIMES:
THEY MIGHT AS WELL HAVE THE CBT TRADE IN TEXTILES FOR THE EMPEROR'S NEW CLOTHES.
BUYER BEWARE: THE EMERGING CARBON CREDIT/CARBON OFFSET MARKET IS THE SCENE OF NEXT GREAT TULIP BUBBLE.
FACT: MAN-MADE CO2 IS LESS THREATENING THAN Y2K. AND THAT WAS ZILCH.
THE "CURES" THE LEFT IS PROPOSING ARE WORSE THAN THE ILLNESS.
THE "CURES" ARE "COINCIDENTALLY" JUST WHAT THE LEFT HAS BEEN ALWAYS ADVOCATED SINCE THERE WAS A LEFT: HINDRANCES ON INDUSTRIALIZATION AND FREE MARKETS. FUNNY, HUH?
IT JUST MAY HAPPEN THOUGH: A LOT OF PEOPLE THINK THEY CAN MAKE MONEY ALONG THE WAY. LIKE MAYBE ABOUT $250 BILLION BUCKS!
AND THE STATISTS ARE ECSTATIC TOO: THEY'VE FOUND A WHOLE NEW CLASS OF STUFF TO TAX AND A GREAT NEW WAY TO DEMAGOGUE FOR IT!
... financial services firm Cantor Fitzgerald has merged its previously separate United States pollutant brokerage with its carbon brokering business to try and cash in on expected expansion in carbon markets.IT'S A SHAM SPONSORED BY THE DEMS AND THE LEFT TO ENRICH THEIR PALS.
Cantor wants to put its environmental brokerage, which until now has focused on markets in pollutants like sulfur and nitrous dioxide, to work in emerging carbon markets.
A power shift in the Congress last autumn has raised hopes for a national carbon market, leading to a surge of interest among investors.
THEY MIGHT AS WELL HAVE THE CBT TRADE IN TEXTILES FOR THE EMPEROR'S NEW CLOTHES.
BUYER BEWARE: THE EMERGING CARBON CREDIT/CARBON OFFSET MARKET IS THE SCENE OF NEXT GREAT TULIP BUBBLE.
FACT: MAN-MADE CO2 IS LESS THREATENING THAN Y2K. AND THAT WAS ZILCH.
THE "CURES" THE LEFT IS PROPOSING ARE WORSE THAN THE ILLNESS.
THE "CURES" ARE "COINCIDENTALLY" JUST WHAT THE LEFT HAS BEEN ALWAYS ADVOCATED SINCE THERE WAS A LEFT: HINDRANCES ON INDUSTRIALIZATION AND FREE MARKETS. FUNNY, HUH?
IT JUST MAY HAPPEN THOUGH: A LOT OF PEOPLE THINK THEY CAN MAKE MONEY ALONG THE WAY. LIKE MAYBE ABOUT $250 BILLION BUCKS!
AND THE STATISTS ARE ECSTATIC TOO: THEY'VE FOUND A WHOLE NEW CLASS OF STUFF TO TAX AND A GREAT NEW WAY TO DEMAGOGUE FOR IT!
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