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Crown Capital Management Reviews - Top 10 Environmental Scams

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In honor of Earth Day 2011, here are the Top 10 Environmental Scams:

1. Global warming alarmism: Predictions from the early global warming alarmists that the Earth was rapidly heating, and would suffer untold damage as this trend continued, have already failed to come true. There has been no discernible warming since the mid-1990s. Coupled with Climategate’s disclosures showing bias among key scientists, and the UN Intergovernmental Panel on Climate Change’s laughable report predicting melting Himalayan glaciers, with no evidence to back it up, it is hard to accept the global warming alarmists’ constantly changing theories as anything other than hysteria.

2. Earth Day: Earth Day’s solutions to save the planet often include calls for stricter government environmental regulations that would strangle the economy. The Washington Times was right when it editorialized several years ago that Earth Day has “anti-business overtones and [a] message of guilt and limits. … Earth Day is a global guilt-fest that views the future with a sense of dread. … Rather than increasing their productivity, people are told to decrease their carbon footprints.”

3. Cap and trade: The cap-and-trade legislation that failed last year in a Democratic-controlled Congress was a maze of environmental regulations that would have resulted in lost jobs and an energy tax for the American people. The Heritage Foundation estimated the cap-and-trade bill would cost the economy $161 billion in 2020—$1,870 for a family of four, rising to $6,800 for a family of four by 2035.

4. Green jobs: By giving czar status to Van Jones, Obama chose an ex-Communist to come up with a plan to create green jobs. That pretty much tells you all you need to know about the economic viability of such a government-subsidized enterprise. Spain’s attempt at actualizing a green jobs revolution ended up costing the country more than $774,000 for each green job created, according to a study from King Juan Carlos University in Madrid.

5. Environment activism: Many environmental activists are as eager to denounce capitalism as they are to save the planet. Their activities are often aimed at preventing the development of abundant energy resources in the United States that would help the nation move toward energy independence.

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