Monday, November 30, 2009

Bigger Than Big Oil

Isn't it strange that warmists used to be so quick to blame "big oil" for fueling the "denier" movement:

Behind the scenes, large financial houses are moving in stealthily. In 2008, carbon trading worldwide reached $126 billion and is projected to grow to become a $2-$10 trillion dollar market, or “The largest commodity traded world wide”. The largest. That’s bigger than oil, coal, gas, or iron.

JP Morgan, Morgan Stanley, Citigroup, BNP Paribas, Barclays, Deutsche Bank, Citigroup, Credit Suisse are just a few financial houses calling for emissions trading schemes. (None of them seem to be calling for a tax?) Those who broker the trades are guaranteed to make money.
... the details.

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