Radio Ecoshock Show: Wall Street & Climate Crash
Summary: As American economy collapses, how can we build new energy system? Wall St plans to make billions from climate change. Buffett invisible on climate; and RAN on investment activism.Notes: No music breaks. Cut first and last 15 second bits to get program time. Good insert point at 28:14.
Reaction to Bear Stearns, Fed bailouts, economic crisis now - and in 1929. Did Fed act to protect the billions in bonus money paid out to Bear brokers in January? Why no billions for the new homeless homeowners? Will there be any money left for a new energy transition? Will reduced consumption (because we are broke) help the environment? Wall St. is pushing cap and trade - with free emission credits to polluters, as the next big bubble.
