Wednesday, June 27, 2007

Bank eyes climate change opportunities

Stop me if you've heard this (1):

“We do not debate the rights and wrongs of the science,” Ms. Hudson said in a release. “In our opinion, what matters now is the response of financial markets, sectors and companies to climate change-related reactions.”

From the Globe and Mail
HT: Peak Energy

(1)"I don't know if climate change is caused by burning coal or sun flares or what," said the Moscow-based carbon cowboy. "And I don't really give a shit. Russia is the most energy inefficient country around, and carbon is the most volatile market ever. There's a lot of opportunity to make money." From "The Bored Whore of Kyoto"