Ruppert Murdoch's NewsCorp Comes Out in Favor of the Gold StandardSubmitted by vincebodie on Fri, 05/16/2008 - 12:20
Sorry, I couldn't resist... This is from an article about trading carbon credits. It's nice to know that our good friends NewsCorp are leading the way in this regard. So now carbon is the new gold? please...
"This transaction was between 3Degrees and Meridian Energy, which operates a Gold Standard verified wind power project in New Zealand. 3Degrees will retire the VERs on behalf of its customer, News Corporation, the diversified entertainment company, as part of News Corp.’s commitment to reach carbon neutrality by 2010. To achieve this goal, News Corp. is investing in carbon offsets to address its unavoidable emissions." (emphasis mine)
No $#%& their emissions are unavoidable! They're everywhere!!!
ABOUT NEWS CORPORATION
News Corporation (NYSE: NWS, NWS.A; ASX: NWS, NWSLV) had total assets as of December 31, 2007 of approximately US$69 billion and total annual revenues of approximately US$31 billion. News Corporation is a diversified entertainment company with operations in eight industry segments: filmed entertainment; television; cable network programming; direct broadcast satellite television; magazines and inserts; newspapers and information services; book publishing; and other. The activities of News Corporation are conducted principally in the United States, Continental Europe, the United Kingdom, Australia, Asia and the Pacific Basin.
Just what the #&$$ is "other", anyhow? And it's nice to know they haven't infiltrated Russia or Antarctica yet too... *sheesh*
Calling their system the "Gold Standard" is just another example of twisted Orwellian logic. Of course if we actually were on a gold standard, we wouldn't be relying on the exponential growth and rampant consumerism to prop up this fractional reserve system, and we wouldn't be polluting the planet to anywhere near the level we are now... *sigh*