Wednesday, June 9, 2010

Tool

BP Stands to Gain from Green Movement

As I tried to tell everyone in recent days, BP will lose money over the Gulf oil mess, but they stand to gain much more in the future from contracts relating to the green energy bowel movement. The article above is from the Washington Examiner, not me, not Alex Jones nor Mike Rivero nor Steve Quayle.

♦ BP partnered with John Forbes Kerry to write the crap-and-trade bill
♦ "BP...has lobbied for tax hikes, greenhouse gas restraints, the stimulus bill, the
Wall Street bailout, and subsidies for oil pipelines, solar panels, natural gas and
biofuels."
♦ "BP was a founding member of the U.S. Climate Action Partnership (USCAP), a lobby
dedicated to passing a cap-and-trade bill."
♦ "As the nation’s largest producer of natural gas, BP saw many ways to profit from
climate legislation, notably by persuading Congress to provide subsidies to
coal-fired power plants that switched to gas."
♦ "BP has lobbied for and profited from subsidies for biofuels and solar energy,
two products that cannot break even without government support."
♦ BP lobbied for the "stimulus" package and the bankster bailout bill

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