Posted on 06/15/2024 8:02:03 AM PDT by Steven Scharf
I live here in Portland, but apparently travel in the wrong circles as I have never heard of this company.
The City of Portland was one of their landlords so we are on the hook for lost rent (which I assume the city will just forgive and forget).
It is the government's fault: Odlin said a lack of support and investment from the U.S. government kept Running Tide from growing
“Capturing carbon”
Good God these people are insane.
In other words, GOVERNMENT MONEY, regulation and mandates to use the product.
Capturing carbon on a carbon based planet is an impossible job you’ll never make a dent in it ,LOL
How in the world did it sell carbon credits? What is a carbon credit?
We have arrived in the US where we manufacture nothing but scams to designed to get government or other people’s money albeit they are one and the same.
If governments want to eliminate “carbon” they need to announce they are going to start selling carbon and providing it, for free, to “underserved communities.”
You mean to tell me that selling b.s. ISN’T a successful business model?! I guess we need more government mandates and “incentives”!
because it could no longer sell enough carbon credits to survive, its CEO said.
easy money leads to foolish decisions. We are about to enter tough times. decisions will get better.
TOUGH TIMES IS THE CURE.
all they sold was fake guilt relief to people who are self-loathers who think that people are a virus that is ruining the world- many gullible people fell for the sham- always feeling guilty about being alive and enjoying life-
I’m gonna start selling ‘glance insurance’ that will protect people from other people’s glances towards them- I’ll call the company “Sir Glance-a-lot”
Trees 1
company Running Tide 0
“...carbon credits...”
It’s like creating a small paper coupon, then selling it for $100 to a dumb democrat sucker who will be told they can redeem it for a $5 sandwich at a carbon grocery store.
John Kerry would call this scheme a great way to create jobs and revenue. /spit
2021 will probably be remembered as the year when carbon finance emerged as a talking point among a wide range of industries.
......
The Taskforce on Scaling Voluntary Carbon Markets, sponsored by the Institute of International Finance with support from McKinsey, estimates that the market for carbon credits could be worth upward of $50 billion as soon as 2030.
Some people go to prison for scams like this. But people like Al Gore are free to run these scams.
The scam has ran it’s course. Ran out of suckers.
I planted a couple of trees last year. Does that count?
“I planted a couple of trees last year. Does that count?”
Considering the carbon footprint it would take to get those little balls of wood waste on the ocean floor you probably did better than they did with your 2 trees.
Any here invest their money in carbon credits?
I planted a couple of trees last year. Does that count?
I did to, thinking about the shade I will enjoy in the future.
Reminds me of an old bachelor when I was growing up, Rich Sweppe, planting walnuts at age 85.
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