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Billions wasted on UN climate programme (Carbon Credit Offset Fraud)
UK Guardian ^
| Today, Monday May 26 2008
| John Vidal
Posted on 05/26/2008 3:36:09 PM PDT by theBuckwheat
Billions of pounds are being wasted in paying industries in developing countries to reduce climate change emissions, according to two analyses of the UN's carbon offsetting programme.
Leading academics and watchdog groups allege that the UN's main offset fund is being routinely abused by chemical, wind, gas and hydro companies who are claiming emission reduction credits for projects that should not qualify. The result is that no genuine pollution cuts are being made, undermining assurances by the UK government and others that carbon markets are dramatically reducing greenhouse gases, the researchers say.
(Excerpt) Read more at guardian.co.uk ...
TOPICS: Business/Economy; Foreign Affairs; United Kingdom
KEYWORDS: carbon; carbontax; carbontrading; co2; environment; globalwarming; unitednations
To: theBuckwheat; Defendingliberty; WL-law; Genesis defender; proud_yank; FrPR; enough_idiocy; ...
To: theBuckwheat
3
posted on
05/26/2008 3:41:38 PM PDT
by
porgygirl
(DIESEL BOATS FOREVER,)
To: theBuckwheat
Yet another “UN Dollars for CO2” boondoggle. The entire CO2 scam is just designed to line corrupt politicians pockets.
To: steelyourfaith; marron
“The UK government last night defended the CDM. “We completely reject any assertions that [it] is fundamentally flawed,””
As marron said, the fraud is “not a bug, but a feature.”
5
posted on
05/26/2008 3:51:37 PM PDT
by
Shermy
(Nightmares From My Pastor, A Story of Race and Insanity)
To: theBuckwheat
Globull warming. The biggest scam in the history of the world. I wonder how Algore sleeps at night.
6
posted on
05/26/2008 3:53:47 PM PDT
by
beckysueb
(Jimmy Carter is the skidmark in the panties of American history.))
To: beckysueb
Al’s old college frat name
Phi Scamma Jamma
7
posted on
05/26/2008 4:00:20 PM PDT
by
NormsRevenge
(Semper Fi ... Godspeed ... ICE toll-free tip hotline 1-866-DHS-2-ICE ... 9/11 .. Never FoRget!!!)
To: ProtectOurFreedom
Yet another UN Dollars for CO2 boondoggle.Like this sort of waste and fraud is really confined to the United Nations.
Centralized economic planning creates incentives for individuals and businesses to minimize costs (including by falsifying documents, inflating figures to their advantage, or omitting disadvantageous information from document filings) in order to maximize revenues (wealth redistributions).
8
posted on
05/26/2008 4:26:38 PM PDT
by
rabscuttle385
(During the Middle Ages, rats spread bubonic plague. Today, Rats spread the socialist plague.)
To: NormsRevenge
9
posted on
05/26/2008 4:26:39 PM PDT
by
beckysueb
(Jimmy Carter is the skidmark in the panties of American history.))
To: theBuckwheat
Wow, now that’s a surprise. I’m shocked. Shocked!
To: theBuckwheat
...undermining assurances by the UK government and others that carbon markets are dramatically reducing greenhouse gases... Carbon offset's only assurance is that your money will be transfered to vermin ...
11
posted on
05/26/2008 4:36:39 PM PDT
by
Oldeconomybuyer
(The democRATS are near the tipping point.)
To: steelyourfaith
DUH !!! It’s all just a racket!
12
posted on
05/26/2008 4:54:36 PM PDT
by
Forrestfire
(("To educate a man in mind and not in morals is to educate a menace to society." Theodore Roosevelt))
To: theBuckwheat
Well the billions are not actually “wasted”. Someone’s on a nice little earner here.
13
posted on
05/26/2008 5:10:13 PM PDT
by
Oztrich Boy
(Holy State or Holy King - Or Holy People's Will - Have no truck with the senseless thing)
To: theBuckwheat
14
posted on
05/26/2008 6:32:31 PM PDT
by
mewzilla
(In politics the middle way is none at all. John Adams)
To: theBuckwheat; 11B40; A Balrog of Morgoth; A message; ACelt; Aeronaut; AFPhys; AlexW; ...
15
posted on
05/26/2008 6:34:43 PM PDT
by
Tolerance Sucks Rocks
(To the liberal, there's no sacrifice too big for somebody else to make. --FReeper popdonnelly)
To: beckysueb
“Globull warming. The biggest scam in the history of the world. I wonder how Algore sleeps at night.”
He sleeps like a baby. As I understand it, he is a co owner
of the company thats sells the bogus credits.
He is making millions.
16
posted on
05/26/2008 6:47:52 PM PDT
by
AlexW
(Reporting from Bratislava, Slovakia. Happy not to be back in the USA for now.)
To: theBuckwheat
What’s the complaint here? It sounds like the scam, er, programme, is working as planned.
17
posted on
05/26/2008 8:24:28 PM PDT
by
TigersEye
(Berlin 1936. Olympics for murdering regimes. Beijing 2008.)
To: theBuckwheat
Billions of pounds are being wasted in paying industries in developing countries to reduce climate change emissions, according to two analyses of the UN’s carbon offsetting programme.”
But it is redistributing the wealth.
18
posted on
05/26/2008 8:58:41 PM PDT
by
philetus
(Keep doing what you always do and you'll keep getting what you always get.)
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