Posts Tagged ‘cap and trade’

Texas Gov. makes case for US headed to Socialism

November 12, 2009

Gov. Rick Perry, calls it like it is.

“This administration is beyond not caring about Texas, this administration is punishing Texas…”

“I say it’s time to stand up, I say it’s time to make the Tea Parties twice as big.”

“This (health care) plan will devastate our country, this plan will devastate our state”

“You think that’s bad (health care), take a look at that Cap and Trade”

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Al Gore Admits CO2 Does Not Cause Majority of Global Warming

November 10, 2009

Joseph Watson – In a new development that is potentially devastating to the agenda to introduce a global carbon tax and a cap and trade system, Al Gore admits that the majority of global warming that occurred until 2001 was not primarily caused by CO2.

Before we get too excited, Gore is not backing away from his support for the theory of man-made climate change, but his concession that carbon dioxide only accounted for 40% of warming according to new studies could seriously harm efforts to tax CO2, that evil, life-giving gas that humans exhale and plants absorb.

“Gore acknowledged to Newsweek that the findings could complicate efforts to build a political consensus around the need to limit carbon emissions,” reports BB News.

Yesterday we reported on how Gore was set to become the first “carbon billionaire” on the back of vast profits from companies invested in the “green revolution” that the former vice-president has a hefty stake in.

We also highlighted how the Chicago Climate Exchange (CCX) has direct ties to both Al Gore and Maurice Strong, two figures intimately involved with a long standing movement to use the theory of man made global warming as a mechanism for profit and social engineering. Gore’s investment company, Generation Investment Management, which sells carbon offset opportunities, is the largest shareholder of CCX.

Gore stands to make windfall profits from his stake in carbon trading systems that would be used to manage the cap and trade system currently being readied for passage in the Senate, but his admission that CO2 is far less of a threat than global warming alarmists have been claiming could be a terminal blow for such a proposal.

Read the rest of the article here;

http://networkedblogs.com/p17273166