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climate change scandal

What is to be gained financially for proving that global warming is man made? Some say it's just a hoax. Well, for what gain?

Answer Question

Asked by sweetie00 at 7:09 PM on Dec. 3, 2009 in Politics & Current Events

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Answers (31)
  • For the biggest tax increase in history and getting us onto a one world gov.

    Answer by Carpy at 7:14 PM on Dec. 3, 2009

  • tax for what? And how so?-the 1 world thing.

    Answer by sweetie00 at 7:17 PM on Dec. 3, 2009

  • There are billions of dollars to be made from the "new technology" to combat global warming. One example is florescent light bulbs. They are cheap to burn. They are expensive to make (and buy) and what are you going to do when they burn out? You will throw them away - right? Did you know they are filled with mercury? So, we trade off a few pennies of electricity and lessen the energy demand at the sub-station, yet we fill the land fill with mercury. That is really saving the planet. Solar panels are another. They will reduce your energy bill, but the government is going to tax you for having them (proposed tax). Ethanol. Grow corn, run your car except you can't ship the stuff in a pipeline because it is so corrosive and drove the price of corn so high that livestock farmers are going out of business. What are you going to eat?


    Answer by jesse123456 at 7:19 PM on Dec. 3, 2009

  • I would suggest you do some googling on it. There is way more detail than I care to go into here. Here is one good site to get you started. There are millions more.


    Answer by Carpy at 7:23 PM on Dec. 3, 2009

  • 1) carbon offsets - big money already made there.

    2) a version of cap and trade already exists in Great Britain - the trading, or selling of carbon credits is big money.

    Answer by Anonymous at 8:12 PM on Dec. 3, 2009

  • Better yet, look at the people that are pushing the climate change theory the hardest and look at their investments. They are pushing them hard because they will make millions on it.  They have invested heavily in it because they know it's a money maker.


    Answer by Anonymous at 8:26 PM on Dec. 3, 2009

  • Obama and LIberal Buddies Al Gore~ a member of Kleiner Perkins Caufield & Byers, a venture capital firm in Silicon Valley that invests heavily in green technology and cap&trade endeavors — more than 40 companies — and generates Gore well more than $100 million Gore is the chairman of Team Generation Investment, Alliance for Climate Protection and founder of the “We” initiative, all incubators for a variety of the green initiatives. An estimated 77 percent of the money funnels right back to him and his endeavors, tax-free with additional tax credits for his philanthropy


    Answer by grlygrlz2 at 9:05 PM on Dec. 3, 2009

  • General Electric Co. and World Bank publicly pledged their support through financing targeted green initiatives. Robert Watson, the chief scientist of the World Bank, told Reuters, “The World Bank wants to breathe life back into a mooted $10 billion-plus fund to combat climate change.”


    Answer by grlygrlz2 at 9:05 PM on Dec. 3, 2009

  • Worse, Gore and his venture partners stand to benefit exponentially from the Cap and Trade Climate bill Sen. John Kerry, D-Mass. and Sen. Barbara Boxer, D-Calif., proposed. If the bill passes in the Senate, the New York Times and estimate that Gore, his associates and a host of unnamed investors can receive a financial windfall of more than $4 billion per year.


    Answer by grlygrlz2 at 9:06 PM on Dec. 3, 2009

  • Carbon offsets is definitely BIG money! If they prove YOU are the cause of climate change then more companies will purchase Carbon Offsets (donate money but still get to pollute)

    In 2006, about $5.5 billion of carbon offsets were purchased in the compliance market(buy carbon offsets in order to comply with caps on the total amount of carbon dioxide they are allowed to emit.)

    In 2008, about $705 million of carbon offsets were purchased in the voluntary market(purchase carbon offsets to mitigate their own greenhouse gas emissions from transportation, electricity use, and other sources.)

    Answer by Crissy1213 at 9:09 PM on Dec. 3, 2009

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