"Gore left a few facts out of his speech that day. First, the firm was run by Strong and a group of Gore intimates, including Peter Knight, the firm's registered lobbyist, and Gore's former top Senate aide," wrote EIR.Second, the company had received more than $25 million in U.S. Department of energy (DOE) research and development grants, but had failed to prove that the technology worked on a commercial scale. The company would go on to receive another $8 million in federal taxpayers' cash, at that point, its only source of revenue.
And then there's the carbon exchange fraud taking place in Europe. (Maybe Al will just hop in his private CO2 spewing jet and get over there to sort things out.)
Nicholas Stern, former chief economist of the World Bank and a major player in the global climate change game, estimates the value of carbon credits currently in circulation as $28 billion and predicts it will climb to $40 billion by 2010.
All of this is nothing more than a carbon shell game that does absolutely nothing for the environment (need I mention China and India?). It simply creates enormous profits.
A multi-billion dollar industry has been created out of thin air (or should I say Co2) through
generating fear.
Now, where's the REAL money, the REAL profit, in Climate Change?
