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Hackers steal 2 million tonnes of EU carbon credits
Yahoo ^ | 1/20/11 | AFP

Posted on 01/20/2011 10:43:56 AM PST by NormsRevenge

BRUSSELS (AFP) – Hackers stole two million tonnes of polluting rights in a five-day raid this week on the European Union's carbon emissions trading system, an EU source said on Thursday.

The volume of carbon credits stolen in online action, which a European Commission spokeswoman was "possibly concerted", represents just a fraction of global industrial greenhouse gas permits, but is potentially worth many millions of euros.

The scale of the theft, which involved five unnamed EU states, was revealed a day after Brussels shut all 27 national trading registries for a week, citing inadequate online protection.

Credits stolen just from the Czech Republic were worth seven million euros.

Fourteen of the 27 European Union states need to boost their online security to minimum standards, the spokeswoman said.

The EU Emission Trading Scheme (ETS) is the largest multinational, greenhouse gas emissions trading scheme in the world, but has repeatedly suffered security breaches.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; Front Page News
KEYWORDS: algore; carbon; conartist; credits; emissions; fraud; greenhousegas; hackers; manbearpig; scam; steal; tonnes
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EU P U .. This smells.
1 posted on 01/20/2011 10:43:57 AM PST by NormsRevenge
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To: NormsRevenge

Somebody stole my secret wishes and lofty ideals!


2 posted on 01/20/2011 10:45:32 AM PST by dead (I've got my eye out for Mullah Omar.)
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To: NormsRevenge

LOL. Surely this is the Onion?


3 posted on 01/20/2011 10:45:44 AM PST by pissant ((Bachmann 2012 - Freepmail to get on/off PING list))
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To: NormsRevenge

Why don’t INDIVIDUALS have carbon credits? I would like to sell mine.

Let’s all get together and flood their market (Do a Cloward-Piven on this scheme to sell indulgences)


4 posted on 01/20/2011 10:45:55 AM PST by Mr. K (There are 10 types of people those who know BINARY and those who don't)
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To: dead

I have them in my imaginary lock box I stole from Algore.


5 posted on 01/20/2011 10:47:21 AM PST by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: Mr. K

I can get you just under 2 million credits,if the price is right.


6 posted on 01/20/2011 10:48:02 AM PST by Delta 21 (If you cant tell if I'm being sarcastic...maybe I'm not.)
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All the usual suspects are being interviewed..


7 posted on 01/20/2011 10:48:09 AM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: pissant

I think the theft ocurred when these fools surrendered their euros towards this bogus commodity.


8 posted on 01/20/2011 10:48:26 AM PST by Made In The USA (This post may be recorded for quality purposes.)
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To: NormsRevenge

I wonder how many unicorns and vials of magic pixie dust those bastards absconded with.


9 posted on 01/20/2011 10:48:26 AM PST by Minn
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To: John Semmens

Sounds like something you would write.


10 posted on 01/20/2011 10:48:36 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: NormsRevenge

Great. Counterfeit carbon credits. And the agencies that detect and verify them.


11 posted on 01/20/2011 10:48:36 AM PST by Attention Surplus Disorder ("Looks like I picked the wrong week to quit smoking" - Barack Hussein Obama)
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To: NormsRevenge

Probably Mr. Burns.


12 posted on 01/20/2011 10:48:46 AM PST by bkepley
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To: NormsRevenge

How does one fence stolen carbon credits? Why would anyone acquire stolen carbon credits? Seems to me like they would be immediately traceable, because they only exist on paper, no wait, scratch paper, they only exist as electrons.


13 posted on 01/20/2011 10:51:26 AM PST by La Lydia
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To: NormsRevenge

If caught, these guys will have to spend years in an imaginary prison, like mimes.


14 posted on 01/20/2011 10:51:58 AM PST by dead (I've got my eye out for Mullah Omar.)
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To: Mr. K

Vegentarians will have to buy carbon credits because they fart all the time.


15 posted on 01/20/2011 10:53:06 AM PST by GeronL (http://www.stink-eye.net/forum/index.php)
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To: NormsRevenge

along with million dollars in monopoly money


16 posted on 01/20/2011 10:55:38 AM PST by MNDude
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To: NormsRevenge

Pssst! Hey buddy! I’ll trade ya for a million in Bellagio Casino Chips...........pass it on.............


17 posted on 01/20/2011 10:56:43 AM PST by Red Badger (Whenever these vermin call you an 'idiot', you can be sure that you are doing something right.)
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To: NormsRevenge

Were they looking to trade carbon credits for unicorn pelts?


18 posted on 01/20/2011 10:57:48 AM PST by SERKIT ("Blazing Saddles" explains it all......)
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To: NormsRevenge

That and 2 bucks will get you a coffee at most Starbucks.


19 posted on 01/20/2011 11:00:33 AM PST by kevinm13 (Tim Geithner is a tax cheat. Manmade "Global Warming" is a HOAX!)
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To: NormsRevenge

Some peoples stole something that doesn’t exist?


20 posted on 01/20/2011 11:02:37 AM PST by ReverendJames (Only A Lawyer, A Painter, A Politician And The Media Can Change Black To White)
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