The Reference Frame caught this extraordinary waste of taxpayer resources – of all places on a Greek (!) business website.
The essence of the article is that the Bank of America (BoA) is planning to spend $50 billion over the next ten years to address climate change, from improved energy efficiency of its facilities to special financing of hybrid vehicle purchases. Any way you look at it, $50 billion is just a tad bit more than the $45 billion we (as in “We, the People”) had given BoA just a few years ago to get it out of hot water.
Poor return on our investment, I’d say. And, of course — where is the science?