Global Warming, What A Fraud

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So much hokum… so little time. We can barely keep up with it. The Americans with their preposterous War Against Terror… the Europeans with their Global Warming.

But rest assured, though we are skeptics as to both of these sordid obsessions, we will do our part. If we see a man with a suspicious-looking wooden leg, or a grandmother with a suspicious-looking bag of cookies…we will call the police. And if we see Paris Hilton, loose on the streets of Paris, France, after somehow escaping from the slammer in L.A., you can count on us; we will do our duty.

All over the world, companies are parading their ‘green credentials’ as if they were bringing in escaped prisoners. One switches to electric delivery vehicles (as if power from power plants were less bad than power from an internal combustion engine). Another celebrates its new billion-dollar office tower, with its fancy green-conscious systems (forgetting to mention that it actually consumes more energy…not less…than the old headquarters). Everybody is going green.

We are also going green here, too, at the worldwide headquarters of the Daily Reckoning – whether we want to or not. Your author takes public transport to the London office in. His assistants ride bicycles. Some walk to work.

In Paris, the city is putting 20,600 bicycles on the streets. You pay a fee of about $60 a year, we were told, and you have the right to pick up a bicycle at one of the many stands around the city and forget to leave it off at another.

We recycle paper, too – great piles of it. And we turn off the lights at night. And turn down the heat.

Proof of our Green Good Citizenship comes from our new South American headquarters-building out at the ranch. It is so green, we are practically the Jolly Green Giant of financial publishing. There, hard up against the Andes, we are 100% environmentally friendly (if you ignore the noxious gases used to fabricate and install our solar power system). Besides, we had no choice; there were no power lines to grab ahold of. We had to put in solar-heat…and solar electricity…and take our water directly from the stream running down the mountains. Which just goes to show what a fraud this stuff is. We can advertise our Green credentials…even though the real environmental impact – as measured by the cost of the system – may actually be greater than that of a typical house on the grid.

Bill Bonner
The Daily Reckoning Australia

Bill Bonner

Bill Bonner

Best-selling investment author Bill Bonner is the founder and president of Agora Publishing, one of the world's most successful consumer newsletter companies. Owner of both Fleet Street Publications and MoneyWeek magazine in the UK, he is also author of the free daily e-mail The Daily Reckoning.
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8 Comments on "Global Warming, What A Fraud"

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Sean
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Fraud indeed. Don’t they know it’s “Ice Age Abatement.” A geologist that has worked in Greenland said they had drilled/recovered masses of fossilised palm trees. Ditto the previous warming periods. Governments have jumped on the bandwagon for two major reasons. Energy rationing in a global rising demand pattern. Maybe some governments believe that the emerging economies won’t buy into the Anglo-fiat/credit/fractional economic model and lean towards the Austrian economics, i.e. Toilet paper Vs Tangibles. The second leg is tied to employment(along with infrastructure buildout) when the credit bubble bust kicks in. Ever seen the drawing from the Weimar Era with… Read more »
kage
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I can’t wait for the “War on Global Warming”. I bet Halliburton et al will be ready to run with it.

Jim DiMarco
Guest
Hi Bill, Although I don’t always agree with your viewpoint, I do appreciate the opportunity of seeing important issues from another angle. I must say I’m scared silly by the way the global warming movement is snowballing. The number of people who have been taken in by Al Gore’s Great Global Warming Swindle is absolutely frightening. Gore and his political strategists of doom have accomplished an astounding feat. They’ve cultivated a climate of impending disaster in the electorate of America and in democracies around the world. They have become experts in manipulating the news media and the voting public. The… Read more »
R Cooper
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Well done jim why can’t people think for themselves I think because they are lazy.
When ever someone starts preaching Global Warming I say to them that its a better idea than y2k and it will last for years before it gets proven wrong and then I see them start to think then the preaching stops

george
Guest

can someone please tell penny wong and kevin rudd

hank
Guest

Well Jim, it’s now July 2008, the US election is looming and it would seem that your predictions have proved themselves wrong much faster than the “Great Global Warming Swindle” could ever hope to but I’m still waiting Gore’s return to politics with bated breath.

David
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Let’s pretend for a moment that doing what the Kyoto Protocol suggests will fix up global warming….(I know I know, it’s a massive pretence – like saying let’s pretend that witch burning in the 16th century was a good thing because it got rid of all the witches) So Kevin Rudd signed up for the Kyoto Protocol to say that Australia as a nation would cut its CO2 emmissions. What a sad sad joke!! Australia with a population of 0.5% of the world’s population has now committed to severe self-flagellation of our economy so we can help save the planet.… Read more »
Cozzie
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I think it is a load of rubbish get stuffed Al gore

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