Friday, December 05, 2008

Go into green business

While many industries are cautiously looking to 2009 as a difficult year, some are looking at ways to cash-in on the economic slowdown. Over the past few years, one of the fastest growing businesses has been the green business. Yep, those that trade on carbon offsets, those that advocate the cap-and-trade. Steve Milloy writes in Green-on-Green Violence today that:
"Environmentalism has become an industry of sorts. According to a recent Forbes report, the 11 largest environmental groups have combined annual revenues of about $1.8 billion and own billions of dollars of assets. By selling out, Big Green has cashed in.
Read the rest. The greens are going against one another.
It will be interesting to see whether the hardscrabble green groups that seem to really believe in a coming climate apocalypse will succeed in pressuring the limousine Greens to return to the fold, or whether the haves will make the have-nots an offer they can’t refuse.

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