Monday, March 9, 2009

Does it pay to be a global warming skeptic?

Among the skeptics Ron Bailey of Reason reports from the Heartland Institute's 2009 International Conference on Climate Change.

Czech President Vaclav Klaus was today's marquee speaker. He held nothing back, apparently:
Klaus also warned that powerful rent-seeking groups were riding the global warming alarmism bandwagon all the way to the bank. Rent-seeking occurs when individuals, firms, or organizations attempt to make money by manipulating the regulatory environment rather than by trade and production. Klaus cited firms and non-governmental groups that plan to profit from carbon rationing in the form of emissions permits trading and by deploying highly subsidized solar and wind energy projects.
Climate change may or may not be real; "fixing" it will be especially expensive.

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