In an article titled "Lehman Brothers' Close Ties to Gore, Hansen and Carbon Trading":
A year ago they couldn’t predict their bankruptcy but were predicting the climate 100 years ahead.
Via MalcT at HPC.
Nothing subtle about it
2 hours ago
Friday, 19 September 2008
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1 comments:
Yep carbon credits is the next trillion dollar scam, those unknown unknowns are apparently now know.
There is a good book on this topic btw, The unknown that is,not carbon credits.
The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb, forget about the 3 1/5 stars the Lefties dont understand it.
Certitude is a word they ought to understand about themselves.
You can here him here talking about the credit quake.
http://media.bloomberg.com/bb/avfile/Economics/On_Economy/vq9bffStoNko.mp3
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