Investors to press U.S. Congress on global warming

[cal04]

Joining a rising corporate chorus itching to sink money into clean energy projects, big investors will press the U.S. Congress on Monday to pass laws attempting to tackle global warming.

The dozens of investors include Merrill Lynch, The Capital Group, which manages $850 billion in mutual funds, and the California Public Employees Retirement System, the largest U.S. pension fund, said a source at Ceres, a Boston-based coalition of investors and environmentalists.

"Investors are seeking strong legislation with tangible greenhouse gas reduction targets," said the source.

The United States is the world's top emitter of gases from smokestacks and tailpipes that scientists link to global warming. Mandatory emissions cuts could give investors confidence to put more money in low-carbon alternative energy, like wind and solar power, and other technologies.

The source said the investors have "specific goals" in mind for carbon-cuts.

http://www.alertnet.org/thenews/newsdesk/N17254457.htm

[Double T]

1. The global warming world crisis and the wall street criminals are MOST concerned.........

about having their k street lobbyists collude with members of congress, so wall street can convert the crisis into almighty dollars through legislation. Global warming has been a figment of everyone's imagination until wall street discovered that NOW they might be able to make money on it.

[YankeyMCC]

2. No matter how bad the tragedy

it's almost never a tragedy for everyone...there's always someone who'll find a way to profit.

Although I say "almost" because ultimately no one will profit from the collapse of the ecology that that would be the exception to the rule I guess.

[razzleberry]

3. these criminals make the Enviro Movement look bad

pollute all you want with a clear concience,

buy offsets from big-carbon.com