Investors managing more than $2.3 trillion urged the government on Tuesday to enact strict laws to cut greenhouse gas emissions, saying lax regulation could hurt the competitiveness of U.S. companies.What do you suppose companies organized under the name Investors and Environmentalist for Sustainable Prosperity is intending to do about Global warming? Hum?
The group of some 50 investors, including the world's biggest listed hedge fund firm, Man Group Plc and influential venture capitalist John Doerr, want U.S. lawmakers to pass laws to reduce climate-warming emissions by at least 60 to 90 percent by 2050.—Andre Grenon
I’ll tell you what they’re going to do, they are going to profit from Global warming that’s what they’re going to do and you’re going to pay for it!
Over 50 companies that manage 2.3 trillion dollars in assets are in the process of attempting to influence your government to enact the Lieberman-Warner climate bill calling for a national climate policy to reduce U.S. greenhouse gas emissions by at least 60 to 90 percent below 1990 levels by 2050.
You know Sen. Joe Lieberman he was Al Gore’s running mate in 2000 not to mention that he is a close friend of president hopeful Sen. John McCain, well Sen. Lieberman is the coauthor of a bill that will change the U.S. economy forever using global warming/climate change as a front. I guess changing the economy is what they really mean when they say “climate change!”
I don’t know how many ways I have to say it before you realize it but this is a bad thing. I’ve been attempting to warn you that there are forces behind global warming that are not concerned with health of our planet. Again these Investors and so-called environmentalist are set to change the world’s economy using global warming as a front to achieve that goal and they are using the public’s ignorance and the public’s willingness to participate in its own demise to bring about the most significance economy change in recent human history.
How is that bad you ask well I’ll tell you how. How’s gas prices, are you enjoying paying $4 to $5 dollars for gasoline which no doubt will get higher. Or when have you ever heard of world food shortages until now?
You see, what these two things have in common is the free market. Investors and speculators are using the free market to make commodities like food and gasoline or energy to profit from by artificially raising prices and creating scarcity.
These investor and other like them have already created a market for buying and selling Carbon credits so if the Senate passes legislation and the President signs that legislation into law these companies and investors will profit from the regulations that will be imposed on you and me by law when we have to buy their carbon reducing products.
Just who are these Companies, Investors and Government entities that are posed to profit from global warm/climate change? I thought you’d never ask, they are:
PENSION FUNDS, STATE TREASURERS, AND STATE / CITY COMPTROLLERS
California Public Employees' Retirement System
John Chiang, California State Controller
California State Teachers' Retirement System
Bill Lockyer, California State Treasurer
Connecticut Retirement Plans and Trust Funds
Alex Sink, Florida Chief Financial Officer
Nancy K. Kopp, Maryland State Treasurer
Timothy P. Cahill, Massachusetts State Treasurer
Orin S. Kramer, Chair, New Jersey State Investment Council
William G. Clark, Director, New Jersey Division of Investment
William C. Thompson, New York City Comptroller
Thomas P. DiNapoli, New York State Comptroller
Richard Moore, North Carolina State Treasurer
Randall Edwards, Oregon State Treasurer
Robin L. Wiessmann, Pennsylvania State Treasurer
Frank Caprio, Rhode Island General Treasurer
Stephen Abrecht, Service Employees International Union Master Trust Fund
Jeb Spaulding, Vermont State Treasurer
Joseph A. Dear, Executive Director, Washington State Investment Board
ASSET MANAGERS, VENTURE CAPITALISTS, AND FINANCIAL SERVICES FIRMS
Geeta Aiyer, President, Boston Common Asset Management
Bennett Freeman, Senior Vice President for Social Research and Policy, Calvert Asset Management Company
Mike Johnston, Executive Vice President, The Capital Group Companies (firm name for identification purposes only)
Mindy S. Lubber, President, Ceres and Director, Investor Network on Climate Risk
Francis G. Coleman, Executive Vice President, Christian Brothers Investment Services
Kevin Parker, Global Head of Asset Management, Deutsche Bank
Adam M. Kanzer, Managing Director & General Counsel, Domini Social Investments
Alain Grisay, CEO, F&C Investments
Generation Investment Management
Kristina Curtis, President, Green Century Funds
Vinod Khosla, Founder, Khosla Ventures
Peter D. Kinder, KLD Research & Analytics, Inc.
L. John Doerr, Partner, Kleiner Perkins Caufield & Byers
Jonathan Naimon, CEO, Light Green Advisors
Rob O. Challis, Global Head of Corporate Responsibility, Man Group
Mark Schwartz, Chairman, MissionPoint Capital Partners
Joseph Keefe, CEO, Pax World Funds
Stephen Dodson, President, Parnassus Funds
Joan Bavaria, President, Trillium Asset Management
Tim Smith, Director of Socially Responsive Investing, Walden Asset Management
Jack Robinson, President and CIO, Winslow Management Company
FOUNDATIONS, ENDOWMENTS AND OTHER INSTITUTIONAL INVESTORS
Pam Solo, President, Civil Society Institute
Jesse Fink, President, Betsy and Jesse Fink Foundation
Rev. William Somplatsky-Jarman, Presbyterian Church (U.S.A.)
Michael Crosby, OFMCap, The Province of St. Joseph of the Capuchin Order
Sisters of St. Francis of Dubuque, Iowa
Barbara Kraemer, OSF, U.S. Provincial, School Sisters of St Francis, Milwaukee, Wisconsin
Patricia A. Daly, OP, Executive Director, Tri-State Coalition for Responsible Investment
Timothy Brennan, Treasurer, Unitarian Universalist Association
Timothy E. Wirth, President, United Nations Foundation
V. Kann Rasmussen Foundation
Wren W. Wirth, President, The Winslow Foundation
So Al Gore was right the debate is over your Government and 2.3 to 5 trillion dollars says that global warming/climate change is real and that they are going to proceed in enacting change in our laws by the Senate that will force Americans to pay for it. (Listen to Ceres press conference on investors for climate change laws.)
These investors and environmentalist have already written a letter to Senate leaders Harry Reid and Mitch McConnell which demands that Lieberman-Warner bill be passed by the Senate.
And you though going green is for the planet, boy are you wrong!