ClimateGate busts things wide open

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GT93
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Re: ClimateGate busts things wide open

Post by GT93 » December 6, 2018, 4:00 pm

In NZ there's chat that banks are becoming wary of making long term loans to purchasers wanting to buy homes in suburbs vulnerable to sea level rises. If I owned a house in one of these suburbs I'd sell it quickly before the market values take too much of hit.

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Lone Star
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Re: ClimateGate busts things wide open

Post by Lone Star » December 15, 2018, 1:49 pm

Well, it must not be profitable and efficient after all -- yet -- or in the near future.

In a recent auction of US offshore areas for wind energy, only 4 of 11 companies bidding bothered to walk away with a little less than 400,000 acres. It is the business of these companies to know, and they're not going to throw away money (like governments do with taxpayer money) to experiment with the funds provided by their stockholders.

If this was a profitable and efficient endeavor, there would have been more than 4 taking the business risk.
You will never find a LIB willing to consistently Defend the Constitution, Promote Free Enterprise or Nurture Individual Liberty. LIBs work against all three.

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