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EU Carbon Credit trading takes a dive. In Greece, they can’t hardly give EU carbon credits away
watts up with that? ^ | June 25, 2011 | Anthony Watts

Posted on 06/26/2011 1:03:46 PM PDT by Ernest_at_the_Beach

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1 posted on 06/26/2011 1:03:52 PM PDT by Ernest_at_the_Beach
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To: NormsRevenge; steelyourfaith; Grampa Dave; SierraWasp; tubebender; Carry_Okie; Brad's Gramma; ...

fyi


2 posted on 06/26/2011 1:05:53 PM PDT by Ernest_at_the_Beach ( Support Geert Wilders)
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To: Ernest_at_the_Beach

Trading in bad consciences.

How do you quantify a liberal’s bad conscience? Especially when liberals always expect someone else to pay?


3 posted on 06/26/2011 1:13:06 PM PDT by Cicero (Marcus Tullius)
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To: Ernest_at_the_Beach

The EU has a coming scheme to force all airlines flying into the EU to buy these credits, even foreign carriers. China is rebelling, saying their are going to kill Airbus purchases.

Isn’t Al Gore heavily invested in these carbon trading companies?


4 posted on 06/26/2011 1:14:28 PM PDT by Mount Athos (A Giant luxury mega-mansion for Gore, a Government Green EcoShack made of poo for you)
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To: Ernest_at_the_Beach

I love it when a scam fails.


5 posted on 06/26/2011 1:20:56 PM PDT by pallis
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To: Ernest_at_the_Beach

“And after all, carbon markets are not actually helping to combat global warming and climate change, and are open to the kind of speculation and fraud that led to the global financial crisis of 2008…”

DING, DING, DING!

No one still has an answer as to how transferring billions of dollars to despot governments from wealthier countries stops climate change. Well, there are no wealthy nations anymore. A decade or two and a dollar short turd world dictators!


6 posted on 06/26/2011 1:20:59 PM PDT by poobear (FACTS - the turd in the punch bowl of liberal thought!)
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To: Ernest_at_the_Beach

Aw, that’s a shame.


7 posted on 06/26/2011 1:31:21 PM PDT by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: Mount Athos
I posted that one. Who thought the green jobs would go to Boeing? :-)
See if I can find the link: Green jobs – Boeing jobs?
8 posted on 06/26/2011 1:35:26 PM PDT by ScaniaBoy (Part of the Right Wing Research & Attack Machine)
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To: Ernest_at_the_Beach

There’s a link in there to Yvo de Boer’s comments. And the comments to that article have a link to Ian Plimer’s talk in three parts.

THIS TALK IS WELL WORTH WATCHING:

http://www.youtube.com/watch?v=p_ktjxx1dIw


9 posted on 06/26/2011 1:43:41 PM PDT by Rocky (REPEAL IT!)
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To: Ernest_at_the_Beach; proud_yank; Bockscar; grey_whiskers; WL-law; IrishCatholic; Whenifhow; ...
The progressives may need to put their economy-destroying-carbon-credit-scheme ace back in the hole for a sunnier day.

Thanx for the ping Ernest_at_the_Beach !

 


Beam me to Planet Gore !

10 posted on 06/26/2011 1:46:45 PM PDT by steelyourfaith (If it's "green" ... it's crap !!!)
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To: Mount Athos
I hope Gore and lots of other climate fascists are heavily invested in EU Carbon Credits.
11 posted on 06/26/2011 1:52:48 PM PDT by JPG (Hey, LSM, how are those emails workin' out for ya?)
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To: Ernest_at_the_Beach

Gee, so trading “AIR” hasn’t turned out to be such a good idea. Who could have guessed? </sarcasm>


12 posted on 06/26/2011 1:52:50 PM PDT by LibertarianLiz
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To: All
From the comments at WUWT:

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BargHumer says:

June 25, 2011 at 12:31 pm

It fascinates me that the news items that come up here (WUWT and others) seem to be on a different planet to the items on the MSM. I regularly watch BBC and CNN and have come to realise that they are highly selective in particular areas. They don’t screen out news that it negative about themselves, but news like this never sees the light of day. It seems more important for them to protect this scam than it does to protect their own image. It is so unfortunate that so many people have no idea that such news exists.

13 posted on 06/26/2011 1:53:32 PM PDT by Ernest_at_the_Beach ( Support Geert Wilders)
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To: All
More:

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P Walker says:

June 25, 2011 at 12:38 pm

From what I’ve seen in the news recently , it seems that the EU may be in a financial ” death spiral “. I wonder how much their climate policies contributed to this . How long will it be before the so-called progressives in the US realize that the ” European model ” is a failure ?

14 posted on 06/26/2011 1:56:36 PM PDT by Ernest_at_the_Beach ( Support Geert Wilders)
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To: Ernest_at_the_Beach
Thanks for posting that piece with all the links.

Now if you go to the link with "only 6000 EUA were sold" you will find this:

The EC [EU] won court case over stolen EUAs and as a
result, it can't be forced to release the names of the
companies which today own stolen EUAs. The
Italian company TCEI brought the case to recover its
267,991 EU carbon allowances stolen from its
account in the Italian registry. According to the
Brussels Court, the data was confidential and Italian
firm TCEI has no legitimate claim against the EU
executive to disclose the information.

Now what is that about? The EU has set up the business of selling carbon credits in such an amateurish way that a few months ago hackers managed to steal 2 million (yes, 2x 10^6) EU allowances. Other firms bought (or were given) the stolen credits, and TCEI tried to get the names of those firms who used its stolen credits from the Austrian authorities.

But no go said the Belgian court.

One can certainly wonder why the EU tries to protect the firms using stolen credits. Really only two possibilities: The EU is so worried that the market will die, that they do anything to keep it going, even allowing companies to trade with stoeln goods, or the companies who use the stolen credits have friends in very high places.

What ever the answer, it is yet another EU f**k up and a scam that everyone trading with the euroweenies ought to know about.

Some links: 400,000 stolen carbon credits used for EU targets

Italian firm asks EU court to freeze stolen carbon trading permits

EU wins court case over stolen EU carbon permits

15 posted on 06/26/2011 2:00:15 PM PDT by ScaniaBoy (Part of the Right Wing Research & Attack Machine)
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More:

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CD says:

June 25, 2011 at 1:34 pm

While these carbon credit trading schemes are failing all over the place, California’s Carbon Credit trading scheme is just getting started. Certainly the state will see the light and forget about their CC trading scheme before too long, won’t they? Nah.

16 posted on 06/26/2011 2:01:08 PM PDT by Ernest_at_the_Beach ( Support Geert Wilders)
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To: Ernest_at_the_Beach
But as time went on, people started realizing that something was wrong.

Yea, they realized that globull warming is a lie and a scam.

17 posted on 06/26/2011 2:04:13 PM PDT by Blood of Tyrants (Islam is the religion of Satan and Mohammed was his minion.)
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To: ScaniaBoy

Ha...thanks....


18 posted on 06/26/2011 2:05:23 PM PDT by Ernest_at_the_Beach ( Support Geert Wilders)
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To: All
More from the comments:

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19 posted on 06/26/2011 2:22:50 PM PDT by Ernest_at_the_Beach ( Support Geert Wilders)
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To: Ernest_at_the_Beach; 11B40; A Balrog of Morgoth; A message; ACelt; Aeronaut; AFPhys; AlexW; ...
DOOMAGE!

Global Warming PING!

You have been pinged because of your interest in environmentalism, alarmist wackos, mainstream media doomsday hype, and other issues pertaining to global warming.

Freep-mail me to get on or off: Add me / Remove me

Please ping me to all note-worthy threads on global warming.

Only a Partial Win at Supreme Court Against Globaloney Environmental Lawsuit

Help Wanted: For an 'Aggressive Program to Go After ... Deniers' of Climate Change

Global Warming on Free Republic

Latest from Global Warming News Site

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Latest from Climate Depot

20 posted on 06/26/2011 2:23:42 PM PDT by Tolerance Sucks Rocks (July 23, 2017 - This is Ellis Wyatt. I am on strike.)
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