ClimateGate news

Monday, December 21, 2009

The new carbon currency

Some insight into how the new environmentalism and carbon trading in particular fits in to the new world order. From a post called "The credit crisis is not over" by Bob Chapman at

The Chicago Climate Exchange is 10% owned by Goldman’s Hank Paulson and former Treasury Secretary, 10% by Generation Investment Management, owned by Al Gore and 10% by Goldman Sachs. The exchange has been operating for several years.

Generation Investment was founded in 2004 by Al Gore and David Blood of London. GIM’s investment approach is based on the idea that sustainability factors, economic, environmental, and social and governance criteria will drive a company’s returns over the long term.

The focus of GIM is on the key drivers of global change, including climate change and environmental degradation, macroeconomics, poverty and development; water and natural resource scarcity; pandemics and healthcare and demographics, migration and urbanization.

It is our belief that this vehicle could be used in the future for a new carbon currency, as envisioned at Copenhagen by the UN and the World Bank. This is what we think they are shooting for. We know this sounds unusual, but this is where we believe the Illuminists are headed.
Blood and Gore. And Paulson. Well, thanks in no small part to "climategate", these scoundrels are having a bit of trouble getting their new carbon currency to float.
h/t: sda


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Bob Chapman was right when he published "The credit crisis is not over", because even the crisis has decreased, we already know it could come back in the future and causes more economic disasters than the first time.

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