It's the perfect analogy: Indulgences.
The indulgence is among the less noticed and less disputed traditions to be restored. But with a thousand-year history and volumes of church law devoted to its intricacies, it is one of the most complicated to explain.
According to church teaching, even after sinners are absolved in the confessional and say their Our Fathers or Hail Marys as penance, they still face punishment after death, in Purgatory, before they can enter heaven. In exchange for certain prayers, devotions or pilgrimages in special years, a Catholic can receive an indulgence, which reduces or erases that punishment instantly, with no formal ceremony or sacrament.
There are partial indulgences, which reduce purgatorial time by a certain number of days or years, and plenary indulgences, which eliminate all of it, until another sin is committed. You can get one for yourself, or for someone who is dead. You cannot buy one — the church outlawed the sale of indulgences in 1567 — but charitable contributions, combined with other acts, can help you earn one.
Michael Barone draws a parallel to the new faith.
All the trappings of religion are there. Original sin: Mankind is responsible for these prophesied disasters, especially those slobs who live on suburban cul-de-sacs and drive their SUVs to strip malls and tacky chain restaurants.
The need for atonement and repentance: We must impose a carbon tax or cap-and-trade system, which will increase the cost of everything and stunt economic growth.
Ritual, from the annual Earth Day to weekly recycling.
Indulgences, like those Martin Luther railed against: private jet-fliers like Al Gore and sitcom heiress Laurie David can buy carbon offsets to compensate for their carbon-emitting sins.
Corporate elitists, like General Electric's Jeff Immelt, profess to share this faith, just as cynical Venetian merchants and prim Victorian bankers gave lip service to the religious enthusiasms of their days. Bad for business not to. And if you're clever, you can figure out how to make money off it.
In fact clever people have figured out how to make a lot of money.
Al Gore could become world's first carbon billionaire
Al Gore, the former US vice president, could become the world's first carbon billionaire after investing heavily in green energy companies.
7:00AM GMT 03 Nov 2009
Last year Mr Gore's venture capital firm loaned a small California firm $75m to develop energy-saving technology.
The company, Silver Spring Networks, produces hardware and software to make the electricity grid more efficient.
The deal appeared to pay off in a big way last week, when the Energy Department announced $3.4 billion in smart grid grants, the New York Times reports. Of the total, more than $560 million went to utilities with which Silver Spring has contracts.
The move means that venture capital company Kleiner Perkins and its partners, including Mr Gore, could recoup their investment many times over in coming years.
Now there's a familiar name — Kleiner Perkins. Where have we heard that name before? Oh, right. That's one of the outfits that backed Fisker, the company that got a half a billion dollar federal loan guarantee from the Obama administration to build electric cars — in Finland.
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