Obama supports a cap and trade system to reduce carbon emissions by 80% below 1990 levels by 2050. His plan involves the auction of the right to produce life giving gasses by international banksters, with some of the revenue being used for clean energy and energy efficiency to keep the hippies confused.

hey bacchus, couldn’t help but notice you pulled that headline that couldn’t get published… it was something bout CO2 by an economist…
why not blog it? or write an article on it? where’s an article on y’alls link between climate change and taxes?

I think Obama’s alternative energy proposals are a great start, it’s only the cap and trade I think is a scam.

Here’s an article for you:

U.S. bankers to lobby developed countries on carbon-trading system

The International Herald Tribune (aka New York Times for foreigners)

PARIS: A group representing some of the world’s most powerful banks will urge the United States and other industrialized countries this week to move quickly to introduce a lightly regulated system for trading carbon emissions permits as part of efforts to curb global climate change.

Unlike taxes collected by governments, permit-trading systems offer banks a potentially vast new business. But for that business to grow, industrialized countries – and the United States in particular – will need to set caps on the amount of greenhouse gases industries are allowed to emit and allow emissions permits to be purchased by industries in other parts of the world.

“Where politicians opt to implement carbon constraints, then it should be cap-and-trade,” said Imtiaz Ahmad, the head of emissions trading at Morgan Stanley in London and the vice president of a lobbying group called International Carbon Investors and Services, which is being created Wednesday to represent the banks…

continued

The Western banking system is in BIG trouble. It’s a pyramid scheme, or if you prefer it’s like a shark; it either goes forward or it DIES. There’s a global recession coming (already here?), and if the banking system hopes to survive it, they’ll have to come up with ways to take a bigger chunk of the global economy for themselves. If they can manage to get a fee from everything that produces carbon, then they can get a fee from nearly everything that moves, which could delay the day of reckoning for some time.

That’s my take at least, it makes more sense to me than the idea that the banking system is legitimately concerned about the environment.

yeah, that shit is ridiculous.

Unlike taxes collected by governments, permit-trading systems offer banks a potentially vast new business. But for that business to grow, industrialized countries – and the United States in particular – will need to set caps on the amount of greenhouse gases industries are allowed to emit and allow emissions permits to be purchased by industries in other parts of the world.

the carbon tax shot down by senate last week was a tax on the industry and big polluters and money would go back to individuals – this is what the scientists were pushing. cap and trade is a fucking joke.

fuck offering banks a new business. this is about preserving the biosphere – this is about protecting the most valuable assests of our natural world and ensuring a safe planet for the entire globe.

banks, businesses, and politicians (who act according to the desires of the $) will never be able to create solutions to ecological problems until they completely reinvent thier mentality.

purpose in industrial capitalism is founded in limitless growth and increasing wealth in the form of money and property – environmental degradation is an “externality” of this process.

this generation gets to figure out how to shift the system. environmental and social justice (one in the same) must be the purpose of the system and economic growth will be an “externality.”

i do not think the existing banking system can or should survive.
just as in the evolution of individual organisms a system evolves or goes extinct.

Unfortunately, the world is hooked on the banking system like a junkie on heroin. Hopefully the withdrawl symptoms don’t finish us off.

I’ve been hearing about this system of financial “move forward or die”.

I understand banks loan more than they have, debt constantly grows, it can never be repaid and the system relies on confidence that the debt can keep growing without correction.

Anyone know a good place to learn more? Thanks.

As long as the global economic paradigm will prevail, we are better to learn how to directly foot proposals to stock holders and start funds based on chartered principles.

I sometimes feel like we’re barking at the moon. Since the political paradigm is now embedded in the economic one, we either invade markets, get unions to pull out their pension plans in order to get politically chartered trust funds, get tax breaks for alternate investment, etc or we continue to rant out our frustration toward the broken down political system.

Unfortunately, the world is hooked on the banking system like a junkie on heroin. Hopefully the withdrawl symptoms don’t finish us off.

so give the world somethin’ else to get intoxicate on… show em that the junk dey be shootin ain’t the good shit…

omnicentric – check out the movies “the corporation” and “the 11th hour” to get into the stuff, then sort through the authors from those flicks and read their books.

just a start.

We need to get new people in shareholder meetings. It would take a one dollar contribution fund for each corporation we want to infiltrate.

On the other hand there are already ethical investment funds .

A GUIDE TO ETHICAL AND SOCIALLY RESPONSIBLE INVESTMENT FUNDS