Thanx for the ping Ernest_at_the_Beach !
Beam me to Planet Gore !
fyi
Trading in bad consciences.
How do you quantify a liberal’s bad conscience? Especially when liberals always expect someone else to pay?
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?
I love it when a scam fails.
“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!
Aw, that’s a shame.
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
Thanx for the ping Ernest_at_the_Beach !
Gee, so trading “AIR” hasn’t turned out to be such a good idea. Who could have guessed? </sarcasm>
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BargHumer says:
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.
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
Yea, they realized that globull warming is a lie and a scam.
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
Thanks Ernest.