Posted on 12/21/2009 9:57:06 AM PST by Ernest_at_the_Beach
Emission allowances for December 2010 delivery fell to 12.77 euros a ton Monday, from Friday's settlement price of 13.58 euros.
The contract earlier dropped as much as 8.7% to 12.40 euros a ton. Emission allowances haven't traded that low in more than six months.
The decline came after the United Nation's Copenhagen summit acknowledged a U.S.-led accord to combat climate change and prevent global temperatures from rising more than 2 degrees.
The accord, however, fell short of the climate conference's initial goal of introducing a legally binding agreement on emissions and setting specific limits on the greenhouse gasses that individual countries can produce.
The European Union had been prepared to take a tougher stance by agreeing to a 30% cut in greenhouse has emissions by 2020, which would have increased demand for carbon permits.
(Excerpt) Read more at marketwatch.com ...
Excellent....
Just the title of the article makes me chuckle
Blowing the Whistle on Global Warming
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July 20, 2008 Posted by John at 11:59 AM
David Evans was a consultant to the "Australian Greenhouse Office" from 1999 to 2005. He is a former global warming alarmist; however, he is also a scientist who goes where the evidence leads him. In this important article in The Australian, he blows the whistle on the fraud that many of the world's governments are in the midst of perpetrating:
Manufacturing Money and Global Warming
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For the Full Report in PDF Form, please click here.
***********************Intro EXCERPT********************
Money is power. You can use money to get people to do things for you, and to obtain real stuff. Most people will do almost anything, if you offer them enough money. In the current financial system, money is manufactured by central and private banks out of thin air: they make something from nothing. This is a great power. There is a system of checks and balances surrounding it, but the safeguards are imperfect. This is the story of the rise and abuse of that power.
The paper aristocracy, those who manufacture money and the financial smarties who work the system of paper money, have easy jobs and far more stuff than the rest of us. If you are not part of the paper aristocracy, you are effectively working for them, being subtly and persistently disadvantaged in ways you probably are not aware of. Ultimately those who wield the power to manufacture money have great financial and political influence, and have come to quietly rule the financial world.
This essay explains the story as simply as possible, for members of the public. There are a lot of interconnecting parts to the story, so unfortunately the essay cannot be short. So far most readers have found it eye-opening, informative, and thought-provoking. The essay starts a little slowly because we need to understand the basics of money manufacture, but then moves quickly.
And global warming? The money behind trading carbon emission permits will be colossal. The proposed system bears remarkable similarity to the paper money system: permits are manufactured out of nothing, given value by government decree, traded at a profit by big banks, and then the rest of us have to buy them. The same sort of game by the same people.
See #24...that holds promise for answering some of the Historical questions....I have not actually read it though!
As an example, at a link from another link recently, I saw a reference about someone's blog who had compiled an ongoing list of all the players in ClimateGate, naming names, so to speak. But I was unable to find that list.
It would be priceless; not only to list the immediate players, but the peripheral support groups in other "science" centers and in the MSM.
Anyone familiar with that list? It is at least 43 names long and possibly into the hundreds.
Follow the money, IPCC/AGW edition ( top climate scientist in the world, exposed)
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Dr. Rajendra Pachauri, the head of the UNs Intergovernmental Panel on Climate Change (IPCC) and who is considered the top climate scientist in the world, has a wide portfolio of business interests that rely on AGW hysteria:
We should call them what they are, permits to breath out.
Or Exhalation Permits.
Follow the money, IPCC/AGW edition ( top climate scientist in the world, exposed)
I wonder if Goldman Sachs will rethink their stance of getting deeply into this criminal act if it starts to go downhill in Europe.
Thanks Ernest.
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