FOLLOW THE MONEY – AT 8:05 A.M. ET:  The climate sweepstakes, er, I mean summit, is underway in Paris.  The mainstream media is painting it as Earth's last gasp, a final attempt to save civilization from 87 Octane.  Oh, there are some other guys there.  Need you ask who they are?  From the Washington Free Beacon:

A group of millionaires and billionaires that includes major investors in green energy are using the international climate talks kicking off this week to push for more government subsidies for the types of companies in which they are investing.

The Breakthrough Energy Coalition on Monday unveiled policy proposals demanding that governments step up their “investment” in green energy companies. The coalition’s founding members include a host of financiers with significant green energy portfolios.

At the same time, the group said it will be leveraging government support in its own investment work, which will target early-stage green energy companies.

Green energy is not sufficiently appealing to private investors at present, the coalition says. Therefore government must step in and provide extensive capital for firms working on wind, solar, and other renewable energy technologies – the types of firms that Breakthrough will be backing.

The effort comes as world leaders gather for a United Nations conference on climate change, where the Obama administration is expected to push for greater government action to reduce U.S. and global carbon emissions.

COMMENT:  Did you read that quote?  Gee, I wonder why "green energy is not sufficiently appealing to private investors at present."  Could it be that much of the "breakthrough technology" actually holds very little promise?  Could it be that knowledgeable investors have serious doubts about the climate-change drumbeat?  Nah.  Couldn't be those things at all.  Barack wouldn't lie to us.

December 1,  2015