Friday 19 September 2008

Quote of the day

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.

1 comments:

Anonymous said...

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