Friday, March 20, 2009

UN calls for spending 750 billion dollars in Global Green New Deal

New York - The world's 20 most advanced economies should discuss investment of 1 per cent of global gross domestic product - about 750 billion dollars - into five sectors to build an environmentally sustainable global economy, the UN Environment Programme (UNEP) said Thursday. Such an amount could finance a 'Global Green New Deal.

[Environmentally sustainable economy. The lunatics are running the asylum.]

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A collapsing carbon market makes mega-pollution cheap
'Roll up for the great pollution fire sale, the ultimate chance to wreck the climate on the cheap. You sir, over there, from the power company - look at this lovely tonne of freshly made, sulphur-rich carbon dioxide. Last summer it cost an eyewatering €31 to throw up your smokestack, but in our give-away global recession sale, that's been slashed to a crazy €8.20. Dump plans for the wind turbine!"

[A government-run program that with the exact opposite results of those intended. What were the odds?]

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