Global Warming, What A Fraud

So much hokum… so little time. We can barely keep up with it. The Americans with their preposterous War Against Terror… the Europeans with their Global Warming.

But rest assured, though we are skeptics as to both of these sordid obsessions, we will do our part. If we see a man with a suspicious-looking wooden leg, or a grandmother with a suspicious-looking bag of cookies…we will call the police. And if we see Paris Hilton, loose on the streets of Paris, France, after somehow escaping from the slammer in L.A., you can count on us; we will do our duty.

All over the world, companies are parading their ‘green credentials’ as if they were bringing in escaped prisoners. One switches to electric delivery vehicles (as if power from power plants were less bad than power from an internal combustion engine). Another celebrates its new billion-dollar office tower, with its fancy green-conscious systems (forgetting to mention that it actually consumes more energy…not less…than the old headquarters). Everybody is going green.

We are also going green here, too, at the worldwide headquarters of the Markets and Money – whether we want to or not. Your author takes public transport to the London office in. His assistants ride bicycles. Some walk to work.

In Paris, the city is putting 20,600 bicycles on the streets. You pay a fee of about $60 a year, we were told, and you have the right to pick up a bicycle at one of the many stands around the city and forget to leave it off at another.

We recycle paper, too – great piles of it. And we turn off the lights at night. And turn down the heat.

Proof of our Green Good Citizenship comes from our new South American headquarters-building out at the ranch. It is so green, we are practically the Jolly Green Giant of financial publishing. There, hard up against the Andes, we are 100% environmentally friendly (if you ignore the noxious gases used to fabricate and install our solar power system). Besides, we had no choice; there were no power lines to grab ahold of. We had to put in solar-heat…and solar electricity…and take our water directly from the stream running down the mountains. Which just goes to show what a fraud this stuff is. We can advertise our Green credentials…even though the real environmental impact – as measured by the cost of the system – may actually be greater than that of a typical house on the grid.

Bill Bonner
Markets and Money

Bill Bonner

Bill Bonner

Since founding Agora Inc. in 1979, Bill Bonner has found success and garnered camaraderie in numerous communities and industries. A man of many talents, his entrepreneurial savvy, unique writings, philanthropic undertakings, and preservationist activities have all been recognized and awarded by some of America’s most respected authorities. Along with Addison Wiggin, his friend and colleague, Bill has written two New York Times best-selling books, Financial Reckoning Day and Empire of Debt. Both works have been critically acclaimed internationally. With political journalist Lila Rajiva, he wrote his third New York Times best-selling book, Mobs, Messiahs and Markets, which offers concrete advice on how to avoid the public spectacle of modern finance. Since 1999, Bill has been a daily contributor and the driving force behind Markets and Money.

Bill Bonner

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8 Comments on "Global Warming, What A Fraud"

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Fraud indeed. Don’t they know it’s “Ice Age Abatement.” A geologist that has worked in Greenland said they had drilled/recovered masses of fossilised palm trees. Ditto the previous warming periods. Governments have jumped on the bandwagon for two major reasons. Energy rationing in a global rising demand pattern. Maybe some governments believe that the emerging economies won’t buy into the Anglo-fiat/credit/fractional economic model and lean towards the Austrian economics, i.e. Toilet paper Vs Tangibles. The second leg is tied to employment(along with infrastructure buildout) when the credit bubble bust kicks in. Ever seen the drawing from the Weimar Era with… Read more »

I can’t wait for the “War on Global Warming”. I bet Halliburton et al will be ready to run with it.

Jim DiMarco
Hi Bill, Although I don’t always agree with your viewpoint, I do appreciate the opportunity of seeing important issues from another angle. I must say I’m scared silly by the way the global warming movement is snowballing. The number of people who have been taken in by Al Gore’s Great Global Warming Swindle is absolutely frightening. Gore and his political strategists of doom have accomplished an astounding feat. They’ve cultivated a climate of impending disaster in the electorate of America and in democracies around the world. They have become experts in manipulating the news media and the voting public. The… Read more »
R Cooper

Well done jim why can’t people think for themselves I think because they are lazy.
When ever someone starts preaching Global Warming I say to them that its a better idea than y2k and it will last for years before it gets proven wrong and then I see them start to think then the preaching stops


can someone please tell penny wong and kevin rudd


Well Jim, it’s now July 2008, the US election is looming and it would seem that your predictions have proved themselves wrong much faster than the “Great Global Warming Swindle” could ever hope to but I’m still waiting Gore’s return to politics with bated breath.

Let’s pretend for a moment that doing what the Kyoto Protocol suggests will fix up global warming….(I know I know, it’s a massive pretence – like saying let’s pretend that witch burning in the 16th century was a good thing because it got rid of all the witches) So Kevin Rudd signed up for the Kyoto Protocol to say that Australia as a nation would cut its CO2 emmissions. What a sad sad joke!! Australia with a population of 0.5% of the world’s population has now committed to severe self-flagellation of our economy so we can help save the planet.… Read more »

I think it is a load of rubbish get stuffed Al gore

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