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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 3:35:12 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

1 posted on 05/26/2008 3:36:09 PM PDT by theBuckwheat
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To: theBuckwheat; Defendingliberty; WL-law; Genesis defender; proud_yank; FrPR; enough_idiocy; ...
 




Beam me to Planet Gore !

2 posted on 05/26/2008 3:40:56 PM PDT by steelyourfaith
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To: theBuckwheat

http://canadafreepress.com/index.php/article/3208

TAKE THE TEST, I MISSED ONE,BUFFALO HEAD SUBMITTED IT


3 posted on 05/26/2008 3:41:38 PM PDT by porgygirl (DIESEL BOATS FOREVER,)
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To: theBuckwheat

Yet another “UN Dollars for CO2” boondoggle. The entire CO2 scam is just designed to line corrupt politicians pockets.


4 posted on 05/26/2008 3:41:40 PM PDT by ProtectOurFreedom
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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)
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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.))
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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!!!)
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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.)
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To: NormsRevenge

The name suits him.


9 posted on 05/26/2008 4:26:39 PM PDT by beckysueb (Jimmy Carter is the skidmark in the panties of American history.))
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To: theBuckwheat

Wow, now that’s a surprise. I’m shocked. Shocked!


10 posted on 05/26/2008 4:35:55 PM PDT by afortiori
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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.)
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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))
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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)
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To: theBuckwheat

Bump for later.


14 posted on 05/26/2008 6:32:31 PM PDT by mewzilla (In politics the middle way is none at all. John Adams)
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To: theBuckwheat; 11B40; A Balrog of Morgoth; A message; ACelt; Aeronaut; AFPhys; AlexW; ...
SCAMAGE!

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.

Global Warming on Google

Global warming on Free Republic

Latest from Global Warming News Site

Latest from Greenie Watch

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)
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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.)
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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.)
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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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