Posted on 08/19/2007 5:19:34 PM PDT by lowbridge
Here's a headline you'd never expect to see:
Global Warming Watchdog Invests in Oil, Coal, UtilitiesThink I'm kidding? Well, check the link.
Making the issue that much more delicious, it was the leading front-page story in Saturday's San Francisco Chronicle (emphasis added throughout):
The new chair of the California Air Resources Board owns stocks in several oil, coal and utility firms, some of which are likely to be affected by rules the agency implements as part of the state's groundbreaking law to fight global warming, The Chronicle has learned.
Mary Nichols' stock holdings include shares in oil giants Chevron Corp., BP and Royal Dutch Shell, as well as a stake in a Bermuda tanker company that transports crude oil, according to economic interest statements she filed this week.
She also owns stock in the world's largest coal company, Peabody Energy Corp., along with utilities including Edison International, whose subsidiary, Southern California Edison, serves most of the Southern California electricity market.
In total, she and her attorney husband, John Daum, who represents Exxon in the ongoing Exxon Valdez oil-spill case, have a financial stake in 13 energy-related firms in a diversified stock portfolio that contains 84 companies, according to statements she filed on Aug. 14 with the state Fair Political Practices Commission.
Hehehehe. I'm verklempt. Talk amongst yourselves.
bump
this is america, what would you invest in: oil, drug etc., stock or carbon offset credits?
here’s just one of the more recent links:
http://climateandcapitalism.blogspot.com/2007/07/live-earth-and-al-gores-oil-connection.html
What about a conflict of interest?
And:
CA: California Air Resources board chair owns stocks in 13 energy firms (setting up a blind trust)
The new chairwoman of the California Air Resources Board owns stocks in several oil, coal and utility firms, some of which are likely to be affected by rules the agency implements as part of the state's groundbreaking law to fight global warming, The Chronicle has learned. ...CA: Governor's hiring choices irk RepublicansNichols told The Chronicle this week that she realized there would be a conflict of interest when she filled out the economic disclosure form shortly after Gov. Arnold Schwarzenegger announced her appointment on July 3. But rather than divest holdings, she said she plans to put her investments in a blind trust and to have that in place before the next air board meeting, which is set for Sept. 27. ...
SACRAMENTO – During the 2003 recall that thrust him into office, Arnold Schwarzenegger accused then-Gov. Gray Davis of mismanagement and hinted that he was corrupt.But when his administration has needed expertise or become embroiled in political trouble, Schwarzenegger hasn't hesitated to hire top officials who worked for Davis, a Democrat.
Last week the Republican governor selected Mary Nichols, a former chief environmental aide to Davis, as chairwoman of the California Air Resources Board to try to calm the controversy over his firing of the state's top air-quality regulator.
Nichols is one of at least six key players in the Schwarzenegger administration who served under Davis. ...
It sounds to me as if they are invested in an annuity.
My best friend, an anti-Bush liberal, drives an expensive Jaguar and always shops in expensive name stores! Hypocrisy? Not according to her.
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