FReepmail me to get on or off
Ping me if you find one I've missed.
One and only case where I hope they all go broke.
Posted on 09/17/2009 1:13:23 PM PDT by shove_it
NEW YORK (MarketWatch) -- A group of major institutional investors called Wednesday for a global effort to cut greenhouse gas emissions by 50% to 85% by 2050 from 1990 levels.
The call comes ahead of key meetings on the topic at the United Nations and elsewhere.
Faced by delays in the U.S. over climate change legislation and global meetings later this year in Copenhagen to update the Kyoto Protocol, a group of 181 investors managing $13 trillion in assets weighed in with a joint statement to help produce action by political leaders around the globe.
"Today's investor statement is the largest of its kind on climate change in world history," according to the group, which held a press conference at the Grand Hyatt Hotel.
Thomas P. DiNapoli, the New York state comptroller who overseas $117 billion in pension funds for the state, said investors play a crucial role in climate change measures.
"We cannot wait any longer," Napoli said. "We have to act now. There is too much at stake both for the health of our planet and the health of our investments and our economies."
[...]
(Excerpt) Read more at marketwatch.com ...
I can only speculate that these people stand to earn some dough, like the Goricle, from a ‘climate change’ industry.
The hoax is spawning the next sub prime market.
Wonder why it’s called cap and TRADE, hmmmm. trading ration coupons are we?
Instead of tax and ration ...
The reason they’re pushing for this is ‘cause there will be billion$ spent on this, and no way to measure the results.
Ultimate boondoggle!!!
These guys are professional “investors”. They know where they are going to make the BIG bucks while the ‘RATS are running the joint. The big money boys are laughing and joking about going “green”. The “green” is what this is all about.
Institutional Investors = state pension funds and union retirement funds.
Ping me if you find one I've missed.
Positioning themselves to be brokers in the trillion $$ carbon credit market. We pay the taxes, they reap the fees. No climate is ‘saved’, we’re all enslaved.
Mkt Watch should provide the list or link to the group of 181 investors managing $13 trillion in assets?
I would like to know if any of my funds/investments are being managed by the climate experts.
All this whole scam is about is trying to create artificial markets.
These investors must all be shorting the market.
LOL. I wonder if the author of this article realizes how funny his opening line is?
We're not talking about "concerned scientists" here, we're not even talking about "concerned politicians", we're talking about "institutional investors". I guess they are the new guardians of the planet's health. Bless their little evil hearts. Am I just being cynical to imagine that they have at least a potential financial stake in all that good work they are planning for us?
PING!
Outstanding comment. Please post it on the Market Watch site.
I suggest we schedule the transition down for 2049.
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