If there is one bright spot to the financial crisis it is the slowdown of the global hype machine that is Global Warming.
This closeted socialist doctrine has thankfully left the headlines for the time being.
But don't be fooled into thinking it gone for good.
During the current de facto moratorium on the subject, I think it a reasonable idea to reminisce over its lunacy and true intended goals. As your generation moves towards being the decision making body of our country and our world it bares worth examining not just the short run cost benefits of an idea, but the long term impacts, as well.
Militant environmentalism is nothing more than a pseudo socialist power grab and I always enjoy seeing it debunked in public. Carbon tariffs, quotas and taxes are not the topic du jour these days, but it is good to remember that they are constantly lurking around the next corner...waiting to take more dollars of your paycheck and out of your pocket.
Now that my rant for the day is complete, I would like to proudly present to some and reintroduce to others...
The World's Most Highly Regarded and
Respected Speaker on The Subject
The President of the Czech Republic, Mr. Vaclav Klaus.
I wholeheartedly reiterate my suggestion to read his bookand learn in depth.
For those who are interested in a more academic perspective on the subject, however, here is HBS's James Heskettand his widely circulated paper on the market impact angle.