Carbon sequestration plan called a sham

|  January 29, 2009 |

One of the big ideas the Obama people floated during the primaries and election last fall was the notion that we were going to take all our surplus carbon dioxide and somehow dump it back into the earth or the ocean or trade it out by planting trees. Yet one of the world’s top environmentalists– James Lovelock, the guy who created the idea of Gaia–says it’s all a sham. The big quote:

“Most of the “green” stuff is verging on a gigantic scam. Carbon trading, with its huge government subsidies, is just what finance and industry wanted. It’s not going to do a damn thing about climate change, but it’ll make a lot of money for a lot of people and postpone the moment of reckoning.”

 

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