Monday, March 24, 2014

CNBC Host Blasts Climate Activists’ ‘Rich People Argument’ | NewsBusters

CNBC Host Blasts Climate Activists’ ‘Rich People Argument’ | NewsBusters: "Sullivan said of the people who live near his own relatives in rural Virginia: the “price of gasoline impacts them dramatically. These people mostly are looking for the cheapest hydrocarbon.”

His comments were part of a discussion with Darwall about the economic problems of climate activism in developing economies worldwide. Darwall, who used to work with the British Treasury, wrote “The Age of Global Warming” about the politics and history of the global warming movement.

Darwall said that policies like regulation in favor of renewable energy, is futile and has dangerous economic ramifications."



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