Wednesday 23 April 2008

Earth Day 2008

Earth Day 2008

The Green Capitalist notes that the hoo-ha for Earth Day seems to caused very little media coverage over here; perhaps the media feel they did the right thing last month covering the turn your lights off for an hour event,after or with short notice. Nonetheless anything done to raise awareness of Green issues is to the advantage of the Green Capitalist,who will be able to fund a comfortable and sustainable retirement. And since the climate change deniers have had their lines delivered to them,pretty much. It is a campaign which originated with a certain Frank Luntz. We know who this guy is,as he has run focus groups for RTÉ,prior to our elections last year,and these were shown on television. And I doubt many people in this country have realised just what this man has been responsible for. If,in times to come we have Global Warming Courts,like we have War Crimes Courts at present, then this man will have,like Eichman, have a lot to answer for. Read Luntz Memo here. It is always useful to have an insight into opposition thinking and strategy. But I remain puzzled by the stance conservatives have taken on environmental issues. Traditional and original conservative loved the land,and being rich, took a dim view of industrialists despoiling the land. I believe that the political landscape will change over time as more and more conservatives who have retained the ability to think realise how they have been both manipulated and conned. And when they wake up to this,there will be hell to pay What I really don't understand is how these people, the spin-meisters and their employers, can be so blind. Don't they have grandchildren? On a more cheerful note,there is increasing activity in the Green and Clean Tech areas,and with oil at $117 today, there will be more money coming our way. Now the thing is that simple fact is that higher prices for oil means that more and more technologies will become economically viable. Some will fail commercially,but those of us who invest early in carefully selected and rigorously researched firms will multiply their investment many times over. And no words of mine should be taken as investment advice; I'm not qualified to tell you what to do with your money. An Irish firm has just invested $63M in thermal solar technology in the US. NTR or National Tool Roads. You can read the story here and rwst assured that this company not only has a good record but has been enormously profitable foe shareholders who got in early when it launched Airtricity,their wind subsidiary recently sold at enormous profit. NTR invest €63M ($100M) in Solar Thermal. The future is either Green and growing,or Brown and dying.

No comments: