carbon credits


Nothing but the Truth!

By Will Power

September 28, 2009--American Banks and Brokers are so desperate for new financial instruments that they invent entire new commodities to trade- such as “carbon credits” . The idea is to slow global warming by encouraging green business practices. But the market has been a bust, like in New Zealand, where carbon credits that once went for $7.00 a share are now worth 25 cents.

No matter! In fact, “Green” Governor Arnold “Terminator” Swartzenegger, who received $100,000 from Sierra Pacific Logging, muscled through a decision that allows loggers who clear-cut California forests to claim a “carbon credit” for decimating the environment. According to Arnold, clear-cutting is "Green"!

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