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Global Warming Politics

Presidential Hopefuls Admit Global Warming to Secure Votes

By Jeff Siegel
Friday, October 19th, 2007

Oh, they're twisting and turning, cringing and sighing.

Reluctantly, in an effort to call 1600 Pennsylvania Avenue home, the GOP's presidential hopefuls are finally sucking it up and accepting the fact that denying global warming is no longer an option.

They have to if they have any shot at winning this next election.

According to poll after poll, more and more Americans not only believe global warming is a threat . . . but also admit that they are likely to be influenced according to the stand taken by the candidates on this issue.

There were even some poll results released a few weeks ago that showed nearly 40% of respondents admitted that urgent drastic action must be taken, and that a presidential candidate's position on global warming will be either extremely important or very important when casting their ballots next year.

Of course, at the end of the day, poll results can go either way.

Let's face it: Most folks running these things have some kind of outside influence, whether we want to believe it or not.

But either way, we're now starting to see a number of republican candidates admitting that global warming is a real threat.

And that leads me to believe that this IS a real issue for voters.

Because you know damn well that all those guys behind the scenes, crunching numbers and running statistical analyses, are telling the candidates exactly what they need to do and say to get that vote.

Why else would Senator McCain promise to demand sharply higher fuel standards from the automobile industry?

Why else would we hear Giuliani say that he does believe there is global warming?

The only question is, will they back up their bark with real bite?

If they follow in the footsteps of the Democrats, probably not.

For those who didn't get the memo

For years, Democrats have positioned themselves as the candidates that are more concerned about the environment than Republicans.

But is that true?

Well, I don't know the answer to that.

I suppose I could attempt to prove or disprove this. But I only have a day to write these articles. So we'll just have to wait for someone else to take that one on.

What I can tell you, however, is that it's pretty hard to believe anything some of these Democratic candidates say about the environment when most continue to take handout after handout from big oil.

While Senator Clinton says she wants to give oil companies the choice of either investing in renewable energy or pay into a fund, her treasure chest of donations has almost $161,000 in it from the oil and gas industry.

And on Bill Richardson's website, you'll find this:

"I am calling for a New American Revolution--an energy and climate revolution."

I guess this "revolution" starts with the $95,000 worth of contributions he has landed so far from the oil and gas industry.

Don't get me wrong. I'm not trying to attack the Democrats here.

I'm an equal-opportunity bullshit-caller when it comes to these politicians.

And this new wave of interest in global warming from the Republican candidates is nothing more than a balancing act between saying the right thing to get votes while not straying too far so they don't lose that petroleum cash cow.

Take Giuliani, for instance.

One minute he's saying he believes global warming is real. But based on his speech on energy last summer in Waterloo, Iowa, one would assume that he doesn't really care whether it's real or not. After all, he focused quite a bit on the so-called benefits of coal, which is a major contributor to global warming.

And Fred Thompson recently said that climate change is real and suggested a measured approach until more was known about it.

A measured approach until more was known about it?!!

I guess he didn't get the memo, but that cowardly argument ended in March after the Intergovernmental Panel on Climate Change (IPCC) report came out.

In that report, the world's top climate scientists said global warming was "very likely" man-made and would bring higher temperatures and a steady rise in sea levels.

That report contradicted the Exxon-funded reports that suggested otherwise.

Go figure!

Nonetheless, I do believe most Republicans know they can no longer run away from this issue. But, much like the Democrats, that's also not stopping them from taking handouts from big oil.

Combined, Rudolph Giuliani, Mitt Romney and John McCain have received $889,468 from the oil and gas industry.

Being "into" big oil for more than three quarters of a million bucks doesn't lead me to believe they're serious about any of this.

Of course, we all know that the system today is set up to reward the candidate who can raise the most money.

It's not about who's best for the job. It's about who's best for special interests.

But whether it's a jackass or an elephant whoring itself out to these guys, there's nothing any of them can do to stop the market from dictating the transition from fossil fuels to alternatives.

If you really want to know where we'll be with oil and coal ten years from now, don't look to a politician--look to the market.

Solar demand's going up, prices are coming down and solar stocks are making investors rich.

Geothermal leases are being bought up at light speed and new geothermal power plants are being built in record numbers.

And you know these companies will have no problem landing 20-year power purchase agreements with the utilities. Not with nearly half the states in the U.S. now mandating renewable electricity standards.

High-performance battery stocks are going through the roof. Especially this week as oil soared to $90 a barrel.

These are the companies that will supply the power for tomorrow's Plug-In Hybrid Electric Vehicles.

They'll also supply us with massive gains.

Just look at Ener1 (ENEI.OB), the high-performance battery stock we recommended to our Alternative Energy Traders back on September 18.

ener1 chart

You have to love it!

Sure, we know we can't rely on these candidates to do the right thing.

We can't rely on them to secure our energy infrastructure, to clean up the mess their contributors keep making without any regard to the environment or even to stop taking handouts from special interest.

But we can rely on the market.

The market, my friends, is transitioning our energy economy right before our eyes.

And we're profiting every step of the way.

How about you?

Until next time . . .

jeff signature

Jeff

*Oil and gas contribution numbers courtesy of the Center for Responsive Politics.






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Comments:

Comment by James Moxham on 2007-10-23
If fossil fuels peak then doesn't this automatically fix global warming? I love this idea that one can make money no matter where things go. Global warming - here are some questions for both sides of the debate. Al Gore shows us two graphs - one shows CO2 and temp which track each other over the last 50,000 years, and another shows the CO2 levels over the last 300 years (which have doubled) and the temp (which has gone up a bit). But the scales have changed and no-one notices. If one plots the current CO2 on the first graph the temperature of the earth should also have doubled and be well over the boiling point of water by now.

I went and got the raw Vostok ice core data and plotted my own graphs because I don't believe the way we are fed massaged data. I also have a question for the global warming skeptics who say warming is caused by the sun and CO2 lags by 800 years as the oceans warm up and CO2 comes out of solution (like a soda warming up and losing its fizz). That may well be fine but the ice core data sometimes has gaps of thousands of years between samples so it is not possible to say anything about an 800 year lag because it could be 800 years +/- several thousand years of error.

So as an informed punter I don't know what to say about the truth of global warming. But what I think is not important - it is what I think that politicians think that matters. Politicians are torn between the big oil donations and the desire to gain our (?green) votes. I'm sure there will be big opportunities. There will also be big mistakes. I'll be very interested to keep reading what people like Jeff say as I'm sure there is money to be made!

Comment by John on 2007-10-23
Aren't we all sick and tired of the global warming ostriches who keep insisting that global warming is just an opinion advanced by politicians? If they can't admit to the overwhelming consensus within the *scientific* community - based on very solid evidence - then they should shut up and let the truly savvy people get on with solving the problem. It's hard to admit that Al Gore is right and you've been wrong - but Al isn't really the issue.
Comment by Jon Prato on 2007-10-21
The fact Global Warming could be an issue for the presidental election based on media reporting and misinformation just confirms that politicians think we are all stupid. That politicians want us to believe that the U.S. government can thru legistation change the global climate should scare everyone. The U.S. government and politicians should address the real issue of our growing population which includes legal and illegal immigration. That population growth impacts our use of natural resources,our economy, our environment, our culture and our standard of living. Let's work on something that we should be able to control.
Comment by Don on 2007-10-20
Both of these subjects are a crock of CRAP. I am sick of alll you guys playing chicken little. There is no global warming or a shortage of oil. Go back an research an article in the Knoxville News Sentinel from September 23 of 2005. What that oil sheak says is the truth. The oil companies of the US and the World are sticking it up the asses of the US consumers. If you can't find the article, Please e-mail me and I will forward it to you.
Comment by Jim Sleigh on 2007-10-20
-I recommend you do some more investigation into the cause of global warming. The IPCC report that global warming was "very likely" man made can not be substantiated. Neither can 98% of the hog wash Gore is preaching. I suggest you read several books presenting the "other side" of the story, such as 'The Politically Incorrect Guide to Global Warming and Environmentalism" by Christopher C. Horner, and "Unstoppable Global Warming" by S.Fred Singer and Dennis T. Avery. Learn what real scientists are saying, not the political bunch fron the IPCC. No doubt our planet is going through a warming cycle, but man has little of no effect on the outcome.
Comment by Ted Heidrick on 2007-10-20
It is a good idea to profit form the hysteria about climate change/ warming. Most of the people have been fooled most of the time. I hope you will point your readers to the British courst which ruled 11 untruths (lies) must be intoduced when Gore's and Inconvenient Truth" is shown in school/
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