Friday, July 18, 2008


Billionaires for Coal gathered at a business conference down in Atlanta which was being held to help industry leaders find ways to make more bucks out of global climate change.

The Billionaires pointed out:

"The Climate Crisis poses a huge opportunity to boost profit and business possibilities whilst others bear the brunt of a dwindled clean energy economy. Billionaires for coal supports widening the income gap by ensuring higher energy prices based on volatile fossil fuels, and moving the country away from real climate solutions like energy efficiency, solar, and wind power."

The Billionaires in Atlanta were also celebrating a new coal plant planned for their state. They inducted CEO Dean Alford, President of Power4Georgians and a big backer of the proposed plant, into their society of fossil fuel profiteers for his efforts in making the plant a reality.

While gathering outside Merill Lynch in San Francisco last winter one of the Billionariers there, Jodie van Horn, lauded global warming and asked, "Why travel to the tropics when we can bring the tropics to us? We'll convert our winter properties to summer properties, and our summer properties to scuba properties."

"It's Darwinian: Survival of the Richest," said Billionaire Levana Saxon at that event.

Hey, who could argue with that.

The following is from the web site "It's Getting Hot in Here."

Billionaires for Coal Celebrate Dirty Energy at Industry Climate Conference
Published by sethgunning, July 18th, 2008 global

Local youth activists posing as billionaires gathered outside the “Climate Change: The Issue, Registries, Forestry Offsets & Strategies” Conference at the Wyndham Hotel in Midtown Atlanta on Friday, to celebrate the proposed construction of a new 850 MW coal-fired power plant by Power4Georgians. The group, calling itself “Billionaires for Coal”, posed as supporters and publicly inducted CEO Dean Alford, President of Power4Georgians, into their society of fossil fuel profiteers.

The conference, hosted by industry law firm King and Spalding, held a variety of ‘industry strategy’ seminars for utility industry executives looking to find business opportunity in a world concerned with climate change. During Friday’s lunch break, activists entered the conference calling for Dean Alford to accept his induction, citing Power4Georgians plans as a success for the extremely wealthy at the expense of Georgia’s middle class. Power4Georgian’s a consortium of 10 Georgia Electric Membership Cooperatives (EMC), including Cobb and Greystone EMC, recently announced plans to build the proposed Plant Washington outside of Sandersville, Georgia.

“As energy prices continue to skyrocket, CEO’s like Mr. Alford who invest in coal and oil help to ‘green’ the pockets of billionaires like ourselves, all at the expense of the average rate-payer” said Jackie Murray, a student from Valdosta State University. The group, an offshoot of the local Georgia Students for Sustainability, pointed to the rising price of fossil fuels like coal in contrast to recent utility company reports of record-breaking profits. Young activists also facetiously denied the benefits of renewable energy as a means to bolster the local economy, saying that new technologies put “people before profits”. CEO Alford’s speach was entitled “Climate Change and Corporate Oppurtunity”.

Georgia Students for Sustainability, a coalition of university and high-school environmental and social justice groups from across the state, has joined with community organizations and national environmental groups to oppose the coal-plant proposed for Sandersville, Georgia. Several community organizations have formed to oppose the plant in EMC territories around the state, including Cobb and Washington EMC, citing health, environmental, and economic issues among their concerns.

“We are truly happy that coal investment opportunities continue to be available, despite rising prices and environmental concerns that leave behind America’s lower and middle class communities,” said Natasha Fast, organizer for the Southern Energy Network, “role models like Dean Alford provide a great deal of wealth security to billionaires like us.” Dean Alford, who has acted as spokesman for the protested project, also owns Allied Energy Services, the contract company chosen by Power4Georgians to construct the proposed $2 billion dollar facility.

Georgia Students for Sustainability is supported by the Southern Energy Network, an inclusive youth based organization which works to promote environmental and social justice acorss the southeast. The group works in partnership with the Energy Action Coalition a national youth-based organization focused on creating economically sound solutions to the climate change crisis.

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