Free Republic

Denmark is the centre of a comprehensive tax scam involving CO2 quotas, in which the cheats exploit a so-called ‘VAT carrousel’, reports Ekstra Bladet newspaper. Police and authorities in several European countries are investigating scams worth billions of kroner, which all originate in the Danish quota register. The CO2 quotas are traded in other EU countries. Denmark’s quota register, which the Energy Agency within the Climate and Energy Ministry administers, is the largest in the world in terms of personal quota registrations. It is much easier to register here than in other countries, where it can take up to three...

California's Proposition 71 program was intended to create a $3 billion West Coast counterpart to the National Institutes of Health empowered to go where the NIH could not: full steam into the new field of biomedical research centered on human embryonic stem cells. Instead, the program has gotten stuck in a seemingly endless legal morass. Although state officials say they are optimistic about their chances in court, it's expected that the program will take at least 15 more months to slog through appeals and start issuing the first major grants. Meanwhile, revelations of faked cloning research in South Korea have...