Another New Liberal Ponzi Scheme : Green Bonds for a low carbon society

 History appears to be repeating itself. Consider the following logic: 1. Green energy needs more access to money. 2. Banks should be encouraged to loan them this money. 3. This will only happen with government intervention. 4. So-called "green bonds" are the instruments for hiding the risk. As reported in an article on Energy Central, this is, in essence, the conclusion of a study by Barclays and Accenture. The issuance of so-called green bonds would be the mechanism, or the means by which primary loans could be packaged and re-sold in secondary markets to pension funds, institutional investors and...