Saturday, August 18, 2007
Green & Global Warming now Billion $ Businesses
Businesses see potential profits in joining battle against global warming
By THOMAS WAGNER, The Associated Press | August 15, 2007
LONDON - Big business now views fight against global warming differently: green can be the color of money.
United States, Europe and Japan are locked in a frantic race to cash in on the exploding business, with London becoming the center for the multibillion dollar market in carbon emissions. The city has been attracting investors who trade CO2 allowances.
Silicon Valley is leading the way in attracting venture capital for green technologies whose trends are similar to the dot-com boom of the 1990s. To add another layer of confidence, Japan's Toyota has sold more than a million Prius hybrid models, its cutting-edge eco-friendly car.
Read this article to know what the multi-billion $ companies in the world are doing to cash in on this green boom - from The T and D.
By THOMAS WAGNER, The Associated Press | August 15, 2007
LONDON - Big business now views fight against global warming differently: green can be the color of money.
United States, Europe and Japan are locked in a frantic race to cash in on the exploding business, with London becoming the center for the multibillion dollar market in carbon emissions. The city has been attracting investors who trade CO2 allowances.
Silicon Valley is leading the way in attracting venture capital for green technologies whose trends are similar to the dot-com boom of the 1990s. To add another layer of confidence, Japan's Toyota has sold more than a million Prius hybrid models, its cutting-edge eco-friendly car.
Read this article to know what the multi-billion $ companies in the world are doing to cash in on this green boom - from The T and D.
PermaLink - Green & Global Warming now Billion $ Businesses posted by Ecacofonix : 1:42 PM
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Here is a small sample of the side of the debate we almost never hear:
Appearing before the Commons Committee on Environment and Sustainable Development last year, Carleton University paleoclimatologist Professor Tim Patterson testified, "There is no meaningful correlation between CO2 levels and Earth's temperature over this [geologic] time frame. In fact, when CO2 levels were over ten times higher than they are now, about 450 million years ago, the planet was in the depths of the absolute coldest period in the last half billion years." Patterson asked the committee, "On the basis of this evidence, how could anyone still believe that the recent relatively small increase in CO2 levels would be the major cause of the past century's modest warming?"
Carlos Menéndez
http://www.creditomagazine.es
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Appearing before the Commons Committee on Environment and Sustainable Development last year, Carleton University paleoclimatologist Professor Tim Patterson testified, "There is no meaningful correlation between CO2 levels and Earth's temperature over this [geologic] time frame. In fact, when CO2 levels were over ten times higher than they are now, about 450 million years ago, the planet was in the depths of the absolute coldest period in the last half billion years." Patterson asked the committee, "On the basis of this evidence, how could anyone still believe that the recent relatively small increase in CO2 levels would be the major cause of the past century's modest warming?"
Carlos Menéndez
http://www.creditomagazine.es
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