Friday, May 1, 2009

The Green Vultures are Circling!

Google ads in my email program delivered an ad for Green Chip Stocks. com - along with their sales letter about how Carbon Capture and Sequestration (CCS) is going to allow the coal industry and others to make "a killing" -

In their own words ...........

"Make no mistake... The world is on the cusp of a new energy transformation.

Sweeping renewable energy technologies have been deployed in recent years, stemming from concern about climate change and energy security.

But for all the investment dollars and media headlines garnered by the renewable energy industry, those technologies still account for less than 2% of worldwide electricity consumption.

Coal, in fact, still generates about 40% of the world's electricity--and will continue to do so in the near future.

However, there is a solution to noxious greenhouse gases and atmospheric concerns.

And it comes in the form of carbon capture and storage (CCS) technologies. It's now possible--using various technologies--to harness the caustic fumes being churned out by coal plants around the globe.

Once captured, the gases are then stored underground, or are used for other purposes.

Soon, these technologies will be installed on every coal plant--both new and old--in order to comply with increasingly stringent regulations.

You see, the companies that possess CCS technology are going to make a killing... because there will be a mandated market for their product!"

Interesting choice of words............"killing"......because those who invest in CCS are, in my opinion, investing in the coal industry continuing to pollute our environment by releasing "caustic fumes" into the air - resulting in needless deaths each year.....and a plethora of health issues. Click here for the article

I don't know how anyone could invest in a "technology" that knowingly is not in the best interest of your fellow man - the poor suffer the largest risk, as always. We must speak for those who can not.....for there, but for the grace of God, go us.