Pennsylvania County Considers Floating Global Warming Bonds

If you had any questions concerning the future financial potential of selling global warming alarmism, an idea being researched by a Pennsylvania county will provide all the answers you need.

As reported by The Intelligencer Saturday (emphasis added throughout):

Montgomery County officials are looking into whether a bond can be issued to pay for greenhouse gas reduction projects as part of a larger strategy to fight global warming.

Picture becoming clearer? If counties can borrow money to fund green projects, mightn't the media and the left start pushing state and federal governments to do the same thing?

Just imagine the possibilities:

Although local governments regularly float bonds to pay for large long-term projects, it's not clear if cutting global climate change fits into a pre-existing category.

"The county can only do what the Legislature said it can do in writing. ... We just can't willy-nilly do whatever we want," Montgomery County Commissioners' Chairman Tom Ellis said at Thursday's meeting.

Be afraid! Be very afraid!

Noel Sheppard
Noel Sheppard
Noel Sheppard, Associate Editor of NewsBusters, passed away in March of 2014.