Posted on 09/16/2022 5:35:40 AM PDT by MtnClimber
Deep inside the legislative language of the falsely titled “inflation reduction act”, aka The Green New Deal legislative vehicle constructed by lobbyists and passed by congress, people are now starting to realize a carbon-trading system was created.
Ultimately, a carbon trading system has always been the holy grail of the people who run the western financial system and want to create mechanisms to control wealth by using the ‘climate change’ agenda.
A carbon trading system is a very lucrative financial transfer mechanism with a potential scale to dwarf the derivative, Wall Street betting, market. Secondarily, such a market would cement the climate change energy policy making it very difficult to reverse. The new creation as explained by the Wall Street Journal, holds similarities to the EPA ethanol program.
BACKGROUND – The Renewable Fuel Standard (RFS) is a government mandate, passed in 2005 and expanded in 2007, that requires growing volumes of biofuels to be blended into U.S. transportation fuels like gasoline and diesel every year. Approximately 40 percent of corn grown in the U.S. is used for ethanol. Raising the amount of ethanol required in gasoline will result in the need for more biofuel (corn).
The EPA enforces the biofuel standard by requiring refineries to submit purchase credits (known as Renewable Identification Numbers, or RINs) to the Environmental Protection Agency (EPA) proving the purchases. This enforcement requirement sets up a system where the RIN credits are bought and sold by small refineries who do not have the infrastructure to do the blending process. They purchase second-hand RIN credits from parties that blended or imported biofuels directly. This sets up a secondary income stream, a trading market for the larger oil companies, refineries and importers.
(Excerpt) Read more at theconservativetreehouse.com ...
Why should we be required to abide by a bill that was passed and almost nobody knew what was in it?
Asking that question invites a visit from the FBI or an IRS audit.
We got to pass it to know what’s in it...
YOU are the carbon
THEY want to “ TRADE”.
Will the little man be able to make a bundle on this.
I’d like to make a bundle.
I want to start a small business that produces no carbon because it does absolutely nothing. That should put me first in line in carbon exchange funds. Don’t tell anyone about my idea, it is going to make me a bundle. Next, I will need to figure out how to do even less.
I like that idea !
All I have to do is stop exhaling carbon while I do that.
But seriously ,
you may be on to something there.
If all America did this we could crash the carbon ( j.kerry) bank.
“...has Created a Domestic Carbon Trading Platform”
Last I checked, Putin wasn’t interested in this...
Bingo.
It’s always the “Easter eggs” in these progressive bills that lead us further and further down the path to communism. The left can’t win on the merits so they do it by deception.
Didn’t Al Gore make some money, trading in carbon credits?
“Didn’t Al Gore make some money, trading in carbon credits?”
I think he ran the whole damn program...
Goldman Sachs had previously set up a Carbon Credits commodity trading unit in Chicago Merc... and then quietly closed it down due to complete debunking of CARBON CO2 and global warming.
Global warming was re-named to Climate Change and through the... freaking US Government CREATED a big corporate internal commodity “credit” for carbon footprint tax relief.
This is entirely illegal— a GOVT. tax trading floor for public policy that is a FRAUD on it’s basis.
Goldman Sach’s experience was the nominally “free” market would not support such a “commodity” so they closed it and went another way— through obamaumao and the dems and “tax credits” for what anyone would say were the biggest CO2 producers... so they will pay NO taxes. Biden calls these “businesses” “partners”... but the Corporporatists are Globalists and it is US the Citizens who will pay these taxes. Cost shifting taxes.....and VOILA! Massive crushing inflation of passed on COSTS.
sounds about right.
middle class and main street crushed.
what a scam most americans wont hear about.
Ask sundance what time it is, and he tells you how they build a watch.
HEY SUNDRESS! GET TO THE POINT!!!
Biden’s secret police will be checking you out - they don’t like citizens asking questions.
Warning young Will Robertson he’s right.
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