“As a banker, I also welcome the fact that the ‘cap-and-trade’ system is becoming the dominant methodology for [carbon dioxide] control.”Simon Linnett, Executive Vice Chairman of Rothschild Bank.
Can the looming environmental catastrophe be solved by environmentalists working side by side with Wall Street Bankers? Such a question doesn’t deserve a serious answer. The Democrats, however, are attempting to address the issue of global warming by developing a “partnership” between those who love the earth, and those who love only profits.
Such a marriage must surely end in divorce. But the Obama administration is enjoying maximum political gain from the blissful honeymoon period, while in reality the honest environmentalists have already left in disgust, even those previously committed to supporting the Democrats: Greenpeace, Friends of the Earth, Public Citizen, etc. They rightfully feel betrayed and point to the Democrats’ “Cap-and-Trade” environmental bill as proof the same bill that Obama and the media claim to be a “historic” step forward.
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Tags: Carbon tax, Ecological, ecological disaster., Profit, Wall street
