putting their money where their mouths are

Posted by paul on December 18, 2006

Business opportunity for warming denialists:

Reading an article about the current snow shortage in Europe’s ski resorts , I came across the following passage:

“Already banks are refusing to offer loans to resorts under 1,500 metres as they fear for their future snow cover.”

This surely presents a tremendous money-making opportunity for global warming “skeptics”. If the banks won’t lend these resorts money, then there’s a gap which the denialists could exploit and thereby make themselves rich. What could possibly go wrong?

Yeah, I’m waiting to see the investment pool fill up on this one.

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