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7,000 words on Chinese drywall

Ezra Levant on The Cancun Collapse

Canadian pundit Ezra Levant nails it again.

Here is a wonderful pull quote, or really some pull paragraphs:

Greenpeace hysterically announced failure at Copenhagen could lead to a 20-foot rise in the level of the oceans - on a web page that helpfully asked for donations three times.

Similar end-times prophecies were made at the previous 14 climate parties, too.

All of which violates Apocalyptic Prophecy Rule No 1: If you say the world is going to end, it's best to pick a deadline far enough into the future that you'll never be held accountable if your prediction is wrong.

Saying end times are just a year or two away just doesn't make sense for a permanent bureaucracy.

And, here's a section that's even better!

A Chinese company called Huaneng Renewables cancelled its public share offering. China Datang Renewable went ahead, but lowered share prices. Analysts say the IPO for Sinovel Wind, another "green" company, is in trouble too.

Yuanta Research analyst Min Li says there's no mystery to the sudden retreat of China's environmental companies.

Without a firm treaty to force developed countries such as Canada and the United States to subsidize projects, the market demand just isn't there.

"Positive sentiment seems lacking in the sector given difficulty in getting any certainty that subsidies will continue," said Li.

Translation: Chinese windmill companies don't actually make any money. They only survive off the $20 billion or so a year in subsidies directed their way by the Kyoto Protocol.

Since the Green movement began back in the late 1960s, essentially every one of their major precepts has been dead wrong.

You could look it up.

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