Big Business And Big Government Liberals: Copenhagen Is ALL About Money And Power

And to think of all the useful idiots in the Democrat rank and file that believe Conservatives are the ones in bed with big business.  I have written on this very issue here.  Below is an excerpt from a Bloomberg article listing all of the big corporations lobbying Obama on greenhouse-gas emissions and other climate agenda items.  These corporations saw the communist writing on the wall years ago, and have long since jumped onto the “green” gravy train where they now have billions of dollars riding on the global warming agenda…

Obama Pressed By Companies To Back 10-Year CO2 Peak

Now that U.S. President Barack Obama has given fresh impetus to climate-change negotiations in Copenhagen, corporate leaders supporting an agreement to control greenhouse-gas emissions are pressing anew for action.

Two weeks of talks among 192 nations open today in the Danish capital, and Obama’s decision to show up on the final day helps ensure “an ambitious outcome,” United Nations climate chief Yvo de Boer told reporters in Copenhagen yesterday.  The International Energy Agency, a trade group for the U.S. and 27 more oil-consuming nations, and companies from Allianz SE to Coca-Cola Co. say envoys can agree to halt the growth of emissions within 10 years and keep global temperatures from rising by more than 2 degrees Celsius (3.6 degrees Fahrenheit)…

Supporters of the temperature and 2020 targets include 850 business leaders who signed this year what’s called the Copenhagen communiqué, a project by the University of Cambridge in the U.K. Signatories include General Electric Co. Chief Executive Officer Jeffrey Immelt, Coca-Cola CEO Muhtar Kent, BP Plc CEO Tony Hayward, HSBC Holdings Plc Chairman Stephen Green, Nestle SA CEO Paul Bulcke and Nike Inc. CEO Mark Parker…

Obama found after speaking with UK Prime Minister Gordon Brown and other leaders that there’s an “emerging consensus” to provide $10 billion a year by 2012 to help poor countries deal with global warming.

“The United States will pay its fair share of that amount and other countries will make substantial commitments as well,” Gibbs said in the statement.  The administration also believes longer-term financing should be considered in Denmark, he said.

Negotiators in the Danish capital must provide companies with the certainty they need to make annual investments that may rise to trillions of dollars, said John Hawksworth, chief of macroeconomics at PricewaterhouseCoopers in London. Businesses need to know the scale of planned carbon cuts in order to gauge how expensive tradable carbon allowances will become, he said.

“The fundamental thing is to come up with a deal on the intermediate targets for 2020,” Hawksworth said in a telephone interview. “Once you’ve got the price on carbon, that sends the signal that businesses need in order to make the long-term investments in low carbon technologies and processes.”…

The Paris-based IEA estimates that efforts to keep warming to less than 2 degrees since industrialization will add $10.5 trillion to the investment needed by 2030 to upgrade power stations, pipelines and refineries…
 

 

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