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Bbhunji

By:   •  Essay  •  381 Words  •  June 12, 2010  •  1,985 Views

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Bbhunji

We rightly no longer expect much when it comes to industry's willingness to take on a tough fight, particularly in the face of such a shrill attack machine. In Europe, many big businesses can be forgiven for having decided that the fight there is, at least for now, lost and trying to make the best of a bad situation. That's not what we face here, however, because we haven't adopted this agenda. The big businesses pushing it -- and most businesses involved are doing precisely that -- do so because they have designed some scheme aimed at capitalizing off of the energy scarcity agenda. Enron was the pioneer, pushing Kyoto before there was a Kyoto, after acquiring the world's largest windmill company and a half-share in the world's largest solar panel company; these are financial black holes without massive subsidies and mandates, which is precisely what the Kyoto agenda promises. Enron had the world's second-largest gas pipeline network, the cost of space on which would be dearly expensive once coal was regulated out of viability. They set up a trading floor to play bookie to millions of sales of carbon dioxide "credits". All of these elements of the agenda would cost our economy dearly by piling on inefficiencies, as it is in Europe now, with no environmental benefit. This is the world's second-oldest profession, "rent-seeking", that is trying to gain

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