Deutsche Bank launched a ridiculous 70-foot-tall Carbon Counter billboard to scare New Yorkers about climate change. There is no scientific proof that carbon causes global temperatures to rise. This marketing ruse is designed to evoke climate hysteria and benefit Deutsche Bank's carbon investments. The companys Climate Change Advisors group explains on its Web site: As we look across the global economy, it becomes apparent just how widespread the business opportunities are in the climate change space. Companies and investors are quickly realizing that climate change is not merely a social, political or moral issue — it is an economic and business issue as well. The company, as of March 2009, has about $4 billion under management involving climate change. Its assets include renewable energy projects in Europe and as well as a climate change fund that invests in companies involved in clean technology, energy efficiency and environmental management.
Please Google: "The 'Green Jobs' Myth,
A European lesson in the pitfalls of industrial-environmental policy"
order9066 1 year ago
Sure, Deutschbank makes profits on clean energy investments. (Despite claims the projects aren't profitable) Are we against profit now? The Germans benefit with new energy jobs, better air quality, fewer health problems and less reliance on Russian gas.
Germany accepted the global warming challenge long ago and put policies in place to reduce it. Those actions made them a clean energy and jobs leader. Meanwhile, America bickers, delays and falls behind - wasting our opportunities.
JayAlt4 1 year ago