Pope Comes Out Against Carbon Credits, Disappoints True Eco-Believers. This just made life harder for the Church of Global Warming.
The best news here is that the pope says no to carbon credits and carbon tax credit trading, a key liberal obsession for years. Al Gore was probably on the phone with his portfolio manager in Dubai at 1 a.m. Eastern time today, dumping some of his vast green equity holdings. The encyclical also strongly rebukes abortion and dismisses arguments for population control as a proper response or viable solution to global poverty. The New York Times story saves these elements for a single paragraph at the end of their long love letter to the pope, clearly hoping nobody will read that part.