Comments on: Utilities Divided as Exelon Quits Chamber Over Climate Change http://redgreenandblue.org/2009/09/29/utilities-divided-as-exelon-quits-chamber-over-climate-change/ Patriotism that loves our country, our land, and our planet Wed, 23 May 2012 01:08:04 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: NucEngineer http://redgreenandblue.org/2009/09/29/utilities-divided-as-exelon-quits-chamber-over-climate-change/comment-page-1/#comment-69343 NucEngineer Tue, 29 Sep 2009 10:14:16 +0000 http://redgreenandblue.org/?p=3629#comment-69343 When the DOT-COM bust happened 11 years ago, a lot of people lost their shirts. Investments in junk stocks like walk-my-dog.com lost everything. Those stocks were worthless. But there were still some stocks that were based on real value, google, bestbuy, yahoo, etc., dropped in value but not to zero. Last year, the mortgage backed securities crashed because of government required sub-prime mortgages, but not to zero. They were based on real estate that physically exists. There has been atmospheric cooling the last 8 years, and no new high global annual temperatures in the last 11 years. When the carbon credit scheme goes bust, because earth decides to prove CO2 does not control climate, ALL carbon credits will be worthless. There will be no good carbon credits vs. bad carbon credits. Who will be holding these worthless credits after investing hundreds of billions of dollars? Power companies, manufacturers, bakeries, farmers, delivery companies, you name it. They will ALL go bankrupt. When the DOT-COM bust happened 11 years ago, a lot of people lost their shirts. Investments in junk stocks like walk-my-dog.com lost everything. Those stocks were worthless. But there were still some stocks that were based on real value, google, bestbuy, yahoo, etc., dropped in value but not to zero.

Last year, the mortgage backed securities crashed because of government required sub-prime mortgages, but not to zero. They were based on real estate that physically exists.

There has been atmospheric cooling the last 8 years, and no new high global annual temperatures in the last 11 years. When the carbon credit scheme goes bust, because earth decides to prove CO2 does not control climate, ALL carbon credits will be worthless. There will be no good carbon credits vs. bad carbon credits. Who will be holding these worthless credits after investing hundreds of billions of dollars? Power companies, manufacturers, bakeries, farmers, delivery companies, you name it. They will ALL go bankrupt.

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