Posted on 04/25/2013 6:38:59 PM PDT by Rocky
There is so much good news about the collapse of the EU's carbon trading scam, that I'm not sure where to begin. But let's start with the fact that it has really, really annoyed Bryony Worthington - the activist from the hard-left anti-capitalist pressure group Friends of the Earth who wrote the most economically suicidal piece of legislation in British history, the Climate Change Act.
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When Cameron came into power he took what some of us recognised straight away as a massive gamble with the UK economy: he decided to stake all on a revival driven by green jobs, green energy, green investment and announced his intention to lead "the greenest government ever."
Since the green industry is almost entirely reliant on government subsidy, this was only ever going to work if all the governments of all the world's major economies were prepared to rig the markets. The carbon credits system, for example, was never going to work in isolated pockets: the EU carbon market was doomed the moment the CCX carbon trading exchange (founders: Al Gore; Goldman Sachs) collapsed in Chicago.
(Excerpt) Read more at blogs.telegraph.co.uk ...
Buffoon and former Vice President Al Gore
What a brilliant pedigree the carbon trading scam has.
To Bad it is not the Husky in the White Hut!
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