Life is a Bungling process...

"Fascism and communism both promise "social welfare," "social justice," and "fairness" to justify authoritarian means and extensive arbitrary and discretionary governmental powers." - F. A. Hayek
"What do you most value in your friends? Their continued existence." — Christopher Hitchens (Hitch-22: A Memoir)
"Life is a Bungling process and in no way educational." in James M. Cain

Jean Giraudoux who first said, “Only the mediocre are always at their best.”

"the difference between a negotiation and an argument ... an argument being something you can win." Christopher Buckley (Thank You For Smoking)

If you have ten thousand regulations, you destroy all respect for the law. Sir Winston Churchill

"summum ius summa iniuria" ("More laws, more injustice.") Cicero

"Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it." Ronald Reagan

"Why did God make so many damn fools and Democrats?" Clarence Day

“You can lead a horse to water, but a pencil must be lead.” Stan Laurel – “Brats”

"If I feel like feeding squirrels to the nuts, this is the place for it." - Cluny Brown

"Oh, pshaw! When yu' can't have what you choose, yu' just choose what you have." Owen Wister "The Virginian"

Oscar Wilde said about the death scene in Little Nell, you would have to have a heart of stone not to laugh.

"Half the World spends its time laughing at the other half, and both are fools." from Think Fast Mr. Moto

Saturday, August 6, 2011

Carbon Trading Exchange RIP- OFF | Via Meadia

This Blood-Sucking Vampire May Return

Carbon Trading Exchange RIP | Via Meadia
August 6, 2011 posted on Walter Russell Read's Blog

Remember carbon trading, the new ‘market-friendly’ approach to environmental regulation that was going to save the planet and earn money for traders?

From the Wall Street Journal:

IntercontinentalExchange Inc. told traders Friday that it would shut down its U.S. emissions derivatives platform, a year after acquiring its parent only to suffer sparse trading as the prospects of a federal carbon-reduction plan remain dim.

How much foundation money, how much political organizing, how much effort went into this epochal policy fail?

Unfortunately, greens show few signs of having learned from any of this. Chances are, the next wave of green activism will be as poorly conceptualized, poorly led and as ineffective as the last.

Too bad. The environment could use some help.


Here I can't agree. The 'greenies' have done more damage than an airborne plague through lies and half truths.
Posted by at

1 comment:

  1. I found this informative and interesting blog, so I think so it’s very useful and knowledgeable. I would like to thank you for the efforts you have made in writing this article. I am hoping the same best work from you in the future as well. In fact your creative writing abilities has inspired me. I really thought that blog is spreading its wings rapidly......
    Thanks a lot...
    --------------------------------------------
    Carbon Trading

    ReplyDelete

Subscribe to: Post Comments (Atom)