Friday, November 13, 2009

Blood and Gore, Cap and Trade

The title refers to David Blood, a former Goldman-Sachs exec, and Al Gore, global warming alarmist, Nobel Peace price recipient, and former government employee. According to Paul Mulshine, Blood and Gore are set to make big bucks if the Senate passes the current cap and trade bill.
the British Broadcasting Corp. created quite a stir with an article headlined "What Happened to Global Warming?" In it, BBC climate correspondent Paul Hudson gave a summary of the problems facing the alarmists: "For the last 11 years, we have not observed any increase in global temperatures. And our climate models did not forecast it, even though man-made carbon dioxide, the gas thought to be responsible for warming our planet, has continued to rise."

Hudson went on to cite numerous scientists skeptical of the theory of anthropogenic global warming. But perhaps the most damning observation came from a scientist who supports the theory. Mojib Latif is a member of the Intergovernmental Panel on Climate Change, the group that set the panic off with its 1996 report on global warming. According to Hudson, Latif concedes "that we may indeed be in a period of cooling worldwide temperatures that could last another 10-20 years."

Hmmm. Ten to 20 years is what I would call "the near future." Didn’t a certain former vice president of the United States win a Nobel Prize by pushing a movie that told us that the melting of the polar ice would cause sea levels to rise by up to 20 feet "in the near future?"

Perhaps Al Gore was talking about a different future, one in which he gets rich off the panic he helped create. If the Senate passes that cap-and-trade bill that’s now before it, Gore stands to make a fortune through his stake in the investment firm he set up with former Goldman-Sachs exec David Blood to deal in carbon credits.

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