The bete noire of the green/left, Bjorn Lomborg, makes a similar observation with regard to a forthcoming conference entitled World Business Summit on Climate Change. L
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...The opening keynote address is to be delivered by Al Gore, who actually represents all three groups: He is a politician, a campaigner and the chair of a green private-equity firm invested in products that a climate-scared world would buy.
Naturally, many CEOs are genuinely concerned about global warming. But many of the most vocal stand to profit from carbon regulations. The term used by economists for their behavior is "rent-seeking."
The world's largest wind-turbine manufacturer, Copenhagen Climate Council member Vestas, urges governments to invest heavily in the wind market. It sponsors CNN's "Climate in Peril" segment, increasing support for policies that would increase Vestas's earnings. A fellow council member, Mr. Gore's green investment firm Generation Investment Management, warns of a significant risk to the U.S. economy unless a price is quickly placed on carbon...
Lawyers, always quick to spot fellow travellers, might quite rightly describe this collusion as a "rort." Interested observers like myself are more likely to use the F word...more from Bjorn Lomborg in The Wall Street Journal here...
Footnote (excuse the pun)...I happen to know the planet is cooling. Last night I awoke to find 2 feet of ice in my bed. Both of them belonged to my wife...
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