After Summit, ‘Cleantech’ Firms Reset Strategy – WSJ.com

Posted by Jason | Posted in Economics, Global Warming | Posted on 23-12-2009

0

Apparently, so called green firms are looking toward local coercion to grow their businesses now that the global gun to the head fell through.

Businesses that had banked on global greenhouse-gas limits to spur alternative-energy investments now are looking to national and local policies to get more wind turbines turning and nuclear-power plants humming, after the muddled outcome of the Copenhagen climate summit.

The failure of the United Nations gathering to produce an enforceable accord to cut fossil-fuel emissions leaves the U.S., Europe, China, India and other countries to pursue the energy policies they already had.

In many cases, those policies are aimed more at strategic goals, such as economic development or reducing dependence on Mideast oil, than at threats posed by global warming.

via After Summit, ‘Cleantech’ Firms Reset Strategy – WSJ.com.

“Businesses that had banked on global greenhouse-gas limits” should be considered fascist enterprises. No businesses should be looking to force to public into buying their crap in order to grow their businesses, but unfortunately that is how business works now in America. Look at the health insurance companies. They are going to have millions of new customers thanks to government force.

Also, as stated in the last sentence, so called green tech is not economic development. You don’t develop economically by forcing people to buy something that is more expensive, delivers you less energy, to eventually get back what you already had. I’m not more wealthy for trading in my paid for Ford for a new Mercedes with a car payment.

VN:F [1.9.21_1169]
Rating: 10.0/10 (1 vote cast)
After Summit, 'Cleantech' Firms Reset Strategy - WSJ.com, 10.0 out of 10 based on 1 rating

Write a comment