Deutsche Bank Puts Greenhouse Gases Doomsday Clock In Madison Square Garden

So why would a bank want to do such a thing? Well, Deutsche Bank has positioned itself to be a major player in any carbon cap and trade system instituted by the federal government, and thus stands to rake in a lot of money if Americans can be convinced that such a system is warranted to control carbon emissions.
Basically, it’s corporate rent seeking. Deutsche Bank wants to profit by having the American government manufacture a market for a service the company wants to provide.

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MIT’s John Reilly said the counter would lag slightly behind real time as the rate of increase in emissions would be based on data collected on a monthly basis. He also confirmed that the effect of seasonal variations had been stripped out from the data to give a better picture of the underlying rate of interest.
But he insisted that with the counter drawing on measurements from dozens of atmospheric stations around the world, it presented the most up-to-date information on greenhouse gas emissions.

I’m not sure this is such a great move in terms of marketing. The National Debt Clock has been around since 1989, and what impact has that had? Well late last year they had to add more decimal places to the clock, if that tells you anything.
But at least the national debt clock is calculating something we actually know to be a bad thing. The science behind global warming, and the idea human activity is going to bring about sort of an ice-cap-melting apocalypse, just isn’t there. Maybe it will be one day, but there is no sound scientific basis for cap and trade policies right now.
There simply isn’t.

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  • http://Array robert108

    Propaganda.

  • http://ndgoon.blogspot.com/ goon

    The majority is from water vapor. Maybe we need to put a big cover over the oceans to stop the carbon dioxide. This is a direct result of common sense people not voting in elections. Watch the movie idiocracy and you will see a cautionary tale of things to come.

    More specificially this is what happens when you let people that have no investment in this country vote.

  • dawneyr

    Greedy, lying control freaks.

  • sayanything-5371

    This is how Al Gore invented Global Warming.

    http://www.kusi.com/weather/colemanscorner/38574742.html

  • mplsbob

    We had glaciers covering most of North America thousands of years ago and an ice bridge connecting Russia and Alaska. That melted. So, how did that happen? Have they found ancient coal fired power plants and SUV’s? I think real scientists say it was the effect of the sun. Fast forward to today. There has been melting in the arctic and Greenland and whatever. So, can we conclude that it must be the sun, right? Oh no, we instead use a climate model that does not take the effects of the sun into their model. Kind of like looking at a car that doesn’t start and ignoring the engine for the root cause. Smart, right. But wait, who pushed this theory? A politician that claims he invented the internet. Are you kidding me? We are going to pass laws that will reduce our quality of life in order to “fight” global warming? We contribute less than 5% of carbon dioxide on this planet. The majority is from water vapor. Maybe we need to put a big cover over the oceans to stop the carbon dioxide. This is a direct result of common sense people not voting in elections. Watch the movie idiocracy and you will see a cautionary tale of things to come.

  • http://sayanythingblog.com/readers/entry/homosexuality_is_wrong_-_a_compendium move_zig

    How did that happen?

    Who knows? I think Velikovsky in his book WORLDS IN COLLISION suspects that a traumatic event caused a pole-shift wherein the outer crusty shell displaced, exposing North America and Europe which had been located under the North Pole about 10,000 to 12,000 years ago while suddenly shifting Siberia, which had been grassy tundra, Northwards.

    In 1797 the body of a mammoth, with flesh, skin, and hair, was found in northeastern Siberia. The flesh had the appearance of freshly frozen beef; it was edible, and wolves and sled dogs fed on it without harm. The ground must have been frozen ever since the day of their entombment; had it not been frozen, the bodies of the mammoths would have putrefied in a single summer, but they remained unspoiled for some thousands of years. In some mammoths, when discovered, even the eyeballs were still preserved.

    (All) this shows that the cold became suddenly extreme .. and knew no relenting afterward. In the stomachs and between the teeth of the mammoths were found plants and grasses that do not grow now in northern Siberia .. (but are) .. now found in southern Siberia. Microscopic examination of the skin showed red blood corpuscles, which was proof not only of a sudden death, but that the death was due to suffocation either by gases or water.

    Who knows? It’s certainly a more interesting and well-researched read than Gores’ AGW BS.

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