♦ nivek ♦ Posted May 1, 2008 Share Posted May 1, 2008 Scam artists are prepared to fleece green industriesAlterNet by Stan Cox "Earlier this year, entrepreneur Eric Janszen declared in Harper's magazine that the next bubble -- alternative energy -- had already been 'branded.' His projection: the eventual creation of $20 trillion in fictitious, speculative wealth, 'money that inevitably will be employed to increase share prices rather than to deliver 'energy security." and that 'when the bubble finally bursts, we will be left to mop up after yet another devastated industry.' After that next big bust, not only alternative energy but a host of other 'green' industries will be left in ruin. As long as an investing class is allowed to make all major environmental decisions, no new sources of energy will actually replace even one barrel or ton of fossil fuel; rather, they will go to further parasitizing the planet in the cause of growth." (04/28/08) http://www.alternet.org/workplace/83478/ Link to comment Share on other sites More sharing options...
Recommended Posts