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Skeptics are winning: “The carbon market is dead”
JoNova ^ | February 11th, 2012 | Joanne

Posted on 02/11/2012 3:14:41 PM PST by Ernest_at_the_Beach

Skeptics are winning: “The carbon market is dead”

The collapse of the Man-Made Myth continues apace. You may not read headlines as such (at least not in major dailies) but all the signs are there.

People who we never would have imagined speaking against the Big Scare Campaign are now doing so. Key glaciers are not melting and corals are happy. Governments won’t tell you it’s over, but they are behaving that way (the Australian one excepted, due to an election fluke that gave the Greens the balance of power). The Catholic Herald headlined it: Is the ‘anthropogenic global warming’ consensus on the point of collapse?

Source Barchart.

The last year of carbon trading in EUR's continues to fall. (Click to enlarge).

Mini update: The carbon market is being referred to as “dead”. Johannes Teyssen, chief executive of Germany’s EON, urged policymakers to make fixes. “Let’s talk real: the ETS is bust, it’s dead,” Mr Teyssen said in Brussels this week, adding: “I don’t know a single person in the world that would invest a dime based on ETS signals.” [full story: Financial Times]. Point Carbon analysts have downgraded the forecast price of carbon credits for the second time in two months as the carbon market continues to slide. What was estimated to be 12 Euros, has fallen to 9 euros for 2012, and 8 euro’s for 2013. It’s a long way below $23, set by our Australian “free-market-lovin’-Labor-Party”. (If only they knew what a free market was.)

The best known environmentalist in the German Social Democratic Party announced he had become a skeptic (see FOCUS and read about his new book). It doesn’t get much more damning than this. Fritz Vahrenholt was a chemistry professor and a leftie politician, and, could it be any more poignant… also headed up the renewable energy division of Germany’s second largest utility company. CEO of a wind farm for goodness sake. H/t to Keith and many many others.

His book, The Cold Sun: Why the Climate Disaster Won’t Happen, is making waves in Germany where people don’t critize climate-change science much and where solar and wind power are major industries. I hear from a friend in Europe that this book is very much “hot stuff” in Germany. Thanks Stefan.

Thanks to the GWPF I also know that Australia will probably be the last-man-standing on the deck of the burning ship called “Climate Change”. Everywhere else around the world, the only people who aren’t abandoning ship are those who never climbed aboard. Subsidies to all new wind and solar plants were outright suspended in Spain last week, which was not just bad, but described as “one of the biggest blows ever to the sector. ” The changes are predicted to kill off much of the investment in renewables there. The people selling solar power in Greece were also told the government could not afford to pay their rates, and didn’t really want more of that kind of power right now either, thanks. The U.K. government joined the rush to abandon renewables and promised to cut subsidies for solar energy (see Bloomberg). Meanwhile 101 Tory ministers in the UK government declared they want to toss the wind-farm subsidies out the window. If Julia Gillard wants to lead the way in this market she could start by buying up the solar plants, and drilling their ground for shale gas.

Why now: The perfect storm?

  1. Skeptics have been hammering away at this for years. The mainstream media won’t publish any skeptical science, not even a comparison of land or ocean temperatures against the model predictions (how “technical” is that?). But thanks to the Internet, people found out anyway — it just took a bit longer.
  2. The weather is cold or wet. The witchdoctors claim that this is what they predicted, and it’s due to global warming, but the crowd are not that dumb (and again, the Internet — their bad predictions are there for all to see).
  3. The money ran out. Ten years later, people have noticed.
  4. Shale gas. :-)

Dr Benny Peiser of the Global Warming Policy Foundation says: “Shale gas is the big game changer because it has previously been argued that fossil fuels are near to running out. There could now be enough gas for 200 or 300 years”. –-Adrian Lee, Daily Express, 25 January 2012

It’s a global thing, Barack Obama is also “discovering” shale.

President Barack Obama pushed drilling for gas in shale rock and support for cleaner energy sources to boost the economy in his final State of the Union address before facing U.S. voters in November. He also pledged more oil drilling. Bloomberg, 25 January 2012

The evidence is killing even the pet-scare-lines

Somewhere, some bright spark realized that coral reefs like warm water, and in areas where corals were growing at the edge or outside the tropics, what ho, but the corals liked it when the water got warmer. (And someone needed a study to know that? Or did they just need a research grant?) Where oceans have warmed the most (because they were the coolest to start with) the corals just got happier and happier. Where the temperatures warmed the most — the corals increased their growth rate the fastest…

Over the last seven years or so the Himalayan glaciers stopped losing ice. The Guardian. [NASA] h/t [Watts Up] Only a few years ago they were saying those glaciers would be gone.

The world is rediscovering those derided “extremists”

When all is said and done, they turned out to be more mainstream than anyone knew…

We Are Winning the Debate and Greens Don’t Like It

Source: UK Express

Lord Lawson, who was Margaret Thatcher’s Chancellor from 1983 to 1989 and an MP for 28 years, is not the only one to have suffered for his views on climate change. Anyone who dares to challenge the often zealous green lobby is apparently fair game.

Entertainer and mathematician Johnny Ball has been vilified for opposing the commonly held view about global warming.

He says: “For daring to take this contrarian view I’ve lost bookings, had talks cancelled and been the subject of a sinister internet campaign that only came to an end following the intervention of the police.”

Environmental campaigner David Bellamy also claims he has been victimised for taking an alternative position. He has said: “The sad fact is that since I said I didn’t believe human beings caused global warming I’ve not been allowed to make a TV programme. The idiot fringe has accused me of being like a Holocaust denier.”

Even the Greenie groups at the leading edge know they need to move on, and call it something else…

Rio+20 or the Earth Summit, that it risks ending up as all talk and little action. In an attempt to avoid too much confrontation, the conference will focus not on climate change but on sustainable development. –Deborah Zabarenko and Nina Chestney, Reuters, 24 January 2012

General hat-tip to the excellent GWPF

———

Don’t forget to vote in the 2012 bloggies. It’s your chance to guide the internet traffic to your favourite sites :-)

Click here to find out how it works. Click here to go straight to the voting page.

Don’t forget to look out for Tallbloke, Australian Climate Madness, Watts Up (x 2), Climate Audit as well as JoNova.



TOPICS: Business/Economy; Conspiracy; Science; Weather
KEYWORDS: agenda21; carboncreditmarket; carboncredits; carboncretins; climatechange; climategate; climategate2; globalwarming; globalwarminghoax; newworldorder

1 posted on 02/11/2012 3:14:50 PM PST by Ernest_at_the_Beach
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To: TigerLikesRooster; landsbaum; Signalman; NormsRevenge; steelyourfaith; Lancey Howard; ...

fyi


2 posted on 02/11/2012 3:16:38 PM PST by Ernest_at_the_Beach ( Support Geert Wilders)
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To: Ernest_at_the_Beach
You mean all my carbon credits are worth NOTHING?
3 posted on 02/11/2012 3:16:38 PM PST by Telepathic Intruder (The right thing is not always the popular thing)
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To: Ernest_at_the_Beach

Snipe hunt and Ponzi come to mind.


4 posted on 02/11/2012 3:19:31 PM PST by VRWC For Truth (Throw the bums out who vote yes on the bailout)
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To: Ernest_at_the_Beach

Winning my butt. Coal fired plants are still being shut down and wind farms going up in return for tax breaks. My electric bill is 3 times what it was a decade ago and that sure don’t feel like winning to me.


5 posted on 02/11/2012 3:21:09 PM PST by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: Ernest_at_the_Beach

Don’t any of you worry your pretty little heads over this. Once liberals have a goal in mind, absolutely nothing will deter their efforts in seeing it through (By any means necessary)!


6 posted on 02/11/2012 3:27:44 PM PST by ArchAngel1983 (Arch Angel- on guard / Wenn Sie etwas sehen, sagen Sie etwas!)
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To: VRWC For Truth

I was thinking more about the Beanie Baby craze. People were sinking their life savings into them in the ‘90s thinking they’d always be “valuable”. Suddenly someone woke up and realized, hey these are just freakin’ beanbags with a tag on the butt.


7 posted on 02/11/2012 3:27:57 PM PST by boop (I hate hippies and dopeheads. Just hate them. ...Ernest Borgnine)
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To: Ernest_at_the_Beach

Oh my, ...what are we going to do for a fiat money scheme?


8 posted on 02/11/2012 3:29:51 PM PST by pallis
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To: Ernest_at_the_Beach

Only temporarily.

Libs have a way of repackaging a ‘cause’ and reselling it later.

It will be back. Give it about 10 years.


9 posted on 02/11/2012 3:31:48 PM PST by TomGuy
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To: Ernest_at_the_Beach

Solar power in England, yea, right. They’ll be lucky to get sunlight on those panels 15% of the time. Payback is in decades. Solar in the Arizona and California desert...that has some chance, but even so, it hasn’t reached the point where it can pay its way.

It’s just sad that so many poor people had to suffer for so long while this insane experiment was carried out. Now half the countries in Europe (led by Spain) are BROKE from this crap.


10 posted on 02/11/2012 3:35:36 PM PST by BobL (I don't care about his past - Santorum will BRING THE FIGHT to Obama)
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To: Ernest_at_the_Beach

Where is that consensus now Albert??

lol


11 posted on 02/11/2012 3:36:36 PM PST by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: boop

some people are still trying to revive the beanie baby thing, those who have garages full of the crap. :p


12 posted on 02/11/2012 3:38:29 PM PST by GeronL (The Right to Life came before the Right to Pursue Happiness)
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To: Ernest_at_the_Beach
Subsidies to all new wind and solar plants were outright suspended in Spain last week, which was not just bad, but described as “one of the biggest blows ever to the sector. ” The changes are predicted to kill off much of the investment in renewables there. The people selling solar power in Greece were also told the government could not afford to pay their rates, and didn’t really want more of that kind of power right now either, thanks.

You can tell the economy in Europe is doing badly when they are reduced to only doing what works.

13 posted on 02/11/2012 3:50:13 PM PST by Vince Ferrer
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To: Vince Ferrer

That there is funny, I don’t care who you are!!!


14 posted on 02/11/2012 3:52:06 PM PST by eyedigress ((Old storm chaser from the west)/?)
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To: Ernest_at_the_Beach

and the RATS, take another one in the.........HA ha!!!

15 posted on 02/11/2012 3:52:29 PM PST by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: BobL

I worked for a company who’s owner was sold the “green lie’ and his support of that put down a 105 year old company he owned. He bought a sister company in CA, that had a “green” division that lost more money than the TX company he owned made (always profitable, year before it closed $1-million net profit). Net result, after 10 years of the CA losses both companies were liquidated.


16 posted on 02/11/2012 3:57:55 PM PST by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: Ernest_at_the_Beach

Skeptics are winning:

I think maybe real science is winning.


17 posted on 02/11/2012 4:00:30 PM PST by Adder (Da bro has GOT to go!)
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To: Texas Fossil

“I worked for a company who’s owner was sold the “green lie’ and his support of that put down a 105 year old company he owned.”

Yuckers. That’s why these people are so dangerous. People that run companies are very busy people. They get their 10 minutes of news per day (versus 5 to 10 hours for us junkies), and they never have a chance to sift out the left-wing BS. So they buy into it, feel good, and go broke. I’m sure there are hundreds, if not thousands of other companies that fell into the same trap.


18 posted on 02/11/2012 4:03:43 PM PST by BobL (I don't care about his past - Santorum will BRING THE FIGHT to Obama)
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To: Ernest_at_the_Beach
Sadly the master charlatan Al Gore made millions from carbon trading, movie royalties and speaking fees perpetrating this hoax.
19 posted on 02/11/2012 4:04:08 PM PST by The Great RJ ("The problem with socialism is that pretty soon you run out of other people's money" M. Thatcher)
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To: BobL

I worked for 2 similar privately held distribution companies for 35 years. About equal time with both. Left the first after 14+ years, left the 2nd after 14 years, spent 5-1/2 after that back with the 1st company before it went down.

The Texas company was always profitable. But finally the losses of the CA company became so large the TX company had no cash flow to pay bills. Tragedy.

Who says Socialism does not kill?


20 posted on 02/11/2012 4:17:41 PM PST by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: Ernest_at_the_Beach

Al Gore sinks back into irrelevance (snicker).


21 posted on 02/11/2012 4:23:05 PM PST by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
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To: Ernest_at_the_Beach

Some articles are meant to be read slowly in order to savor every word. This is one of them.


22 posted on 02/11/2012 4:23:41 PM PST by JPG (Matters at which the foolish laugh and at whose consequences the prudent weep.)
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To: cripplecreek

I hear you. But even when Europe seems to be waking up to the scam, our “dear leader” is doubling down. In about 9 months, we’ll see whether enough of our fellow Americans will allow him to continue.


23 posted on 02/11/2012 4:25:39 PM PST by Let_It_Be_So (Once you see the Truth, you cannot "unsee" it, no matter how hard you may try.)
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To: Ernest_at_the_Beach

I didn’t notice it mentioned in the story, but the “global warming” scam was killed by the “Climategate” email leak of November 2009, and buried by the follow-up email leak of November 2011.

Buh-bye, you sick “scambags”.

(By the way - - Australia, lol!)


24 posted on 02/11/2012 4:26:16 PM PST by Lancey Howard
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To: Ernest_at_the_Beach

Global Climate Change is settled science. All you heretics should be burned at the stake!

If it is warm today, it is proof positive of Global Climate Change.

If it is cold today, it is proof positive of Global Climate Change.

If it is wet, dry, windy, less windy, it doesn’t matter. No matter what the weather is anywhere in the world, it is proof positive of Global Climate Change.

It’s all Bush’s fault.

Now shut up and give us more money so we can continue to prove Global Climate Change.


25 posted on 02/11/2012 4:34:58 PM PST by Bubba_Leroy (The Obamanation Continues)
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To: Ernest_at_the_Beach; TenthAmendmentChampion; SolitaryMan; Dr. Bogus Pachysandra; grey_whiskers; ...
Thanx again for the ping Ernest_at_the_Beach !

 


Beam me to Planet Gore !

26 posted on 02/11/2012 4:37:27 PM PST by steelyourfaith (Expel the Occupy White House squatters !!!)
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To: TomGuy

.

The Cooling World

Newsweek, April 28, 1975

_________________________________________________________

There are ominous signs that the Earth’s weather patterns have begun to change dramatically and that these changes may portend a drastic decline in food production – with serious political implications for just about every nation on Earth. The drop in food output could begin quite soon, perhaps only 10 years from now. The regions destined to feel its impact are the great wheat-producing lands of Canada and the U.S.S.R. in the North, along with a number of marginally self-sufficient tropical areas – parts of India, Pakistan, Bangladesh, Indochina and Indonesia – where the growing season is dependent upon the rains brought by the monsoon.

The evidence in support of these predictions has now begun to accumulate so massively that meteorologists are hard-pressed to keep up with it. In England, farmers have seen their growing season decline by about two weeks since 1950, with a resultant overall loss in grain production estimated at up to 100,000 tons annually. During the same time, the average temperature around the equator has risen by a fraction of a degree – a fraction that in some areas can mean drought and desolation. Last April, in the most devastating outbreak of tornadoes ever recorded, 148 twisters killed more than 300 people and caused half a billion dollars’ worth of damage in 13 U.S. states.

To scientists, these seemingly disparate incidents represent the advance signs of fundamental changes in the world’s weather. The central fact is that after three quarters of a century of extraordinarily mild conditions, the earth’s climate seems to be cooling down. Meteorologists disagree about the cause and extent of the cooling trend, as well as over its specific impact on local weather conditions. But they are almost unanimous in the view that the trend will reduce agricultural productivity for the rest of the century. If the climatic change is as profound as some of the pessimists fear, the resulting famines could be catastrophic. “A major climatic change would force economic and social adjustments on a worldwide scale,” warns a recent report by the National Academy of Sciences, “because the global patterns of food production and population that have evolved are implicitly dependent on the climate of the present century.”

A survey completed last year by Dr. Murray Mitchell of the National Oceanic and Atmospheric Administration reveals a drop of half a degree in average ground temperatures in the Northern Hemisphere between 1945 and 1968. According to George Kukla of Columbia University, satellite photos indicated a sudden, large increase in Northern Hemisphere snow cover in the winter of 1971-72. And a study released last month by two NOAA scientists notes that the amount of sunshine reaching the ground in the continental U.S. diminished by 1.3% between 1964 and 1972.

To the layman, the relatively small changes in temperature and sunshine can be highly misleading. Reid Bryson of the University of Wisconsin points out that the Earth’s average temperature during the great Ice Ages was only about seven degrees lower than during its warmest eras – and that the present decline has taken the planet about a sixth of the way toward the Ice Age average. Others regard the cooling as a reversion to the “little ice age” conditions that brought bitter winters to much of Europe and northern America between 1600 and 1900 – years when the Thames used to freeze so solidly that Londoners roasted oxen on the ice and when iceboats sailed the Hudson River almost as far south as New York City.

Just what causes the onset of major and minor ice ages remains a mystery. “Our knowledge of the mechanisms of climatic change is at least as fragmentary as our data,” concedes the National Academy of Sciences report. “Not only are the basic scientific questions largely unanswered, but in many cases we do not yet know enough to pose the key questions.”

Meteorologists think that they can forecast the short-term results of the return to the norm of the last century. They begin by noting the slight drop in overall temperature that produces large numbers of pressure centers in the upper atmosphere. These break up the smooth flow of westerly winds over temperate areas. The stagnant air produced in this way causes an increase in extremes of local weather such as droughts, floods, extended dry spells, long freezes, delayed monsoons and even local temperature increases – all of which have a direct impact on food supplies.

“The world’s food-producing system,” warns Dr. James D. McQuigg of NOAA’s Center for Climatic and Environmental Assessment, “is much more sensitive to the weather variable than it was even five years ago.” Furthermore, the growth of world population and creation of new national boundaries make it impossible for starving peoples to migrate from their devastated fields, as they did during past famines.

Climatologists are pessimistic that political leaders will take any positive action to compensate for the climatic change, or even to allay its effects. They concede that some of the more spectacular solutions proposed, such as melting the Arctic ice cap by covering it with black soot or diverting arctic rivers, might create problems far greater than those they solve. But the scientists see few signs that government leaders anywhere are even prepared to take the simple measures of stockpiling food or of introducing the variables of climatic uncertainty into economic projections of future food supplies. The longer the planners delay, the more difficult will they find it to cope with climatic change once the results become grim reality.

—PETER GWYNNE with bureau reports

(A PDF of the original is available here.)

27 posted on 02/11/2012 4:46:04 PM PST by Lancey Howard
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To: Telepathic Intruder

I can only kick myself. I saw this coming, but did not investigate how to get on the short side of carbon credits.

The perfect scam, totally debunked.

What made it so outrageous and transparent, is that the western world was expected to unilaterally de-carbon, and China, India and Russia would have no part and for them, business as usual. China, even going so far as building a coal plant a week!

The perfect scam, just begging to be shorted.

As one trader said, the average person gets only about 12 sure trades a lifetime, and this was one of them for me.

Just so sorry I missed it!


28 posted on 02/11/2012 4:47:00 PM PST by The_Media_never_lie
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To: Lancey Howard

“Climatologists are pessimistic that political leaders will take any positive action to compensate for the climatic change, or even to allay its effects. They concede that some of the more spectacular solutions proposed, such as melting the Arctic ice cap by covering it with black soot or diverting arctic rivers, might create problems far greater than those they solve. But the scientists see few signs that government leaders anywhere are even prepared to take the simple measures of stockpiling food or of introducing the variables of climatic uncertainty into economic projections of future food supplies. The longer the planners delay, the more difficult will they find it to cope with climatic change once the results become grim reality.”

I remember this scare. The important thing to consider here is that it was not agenda-driven - rather it was just data that they saw, and got worried about. But now it’s much different - the people on the Global Warming bandwagon are the exact same ones that have been trying for decades to shut down our economy (and worse). How ANYONE can trust ANYTHING they claim is beyond me...but not really - it’s often very difficult for good people (i.e., conservatives) to recognize PURE EVIL when it’s right in front of them. That takes strength...and conservatives, in large part, do not have that strength.


29 posted on 02/11/2012 5:13:02 PM PST by BobL (I don't care about his past - Santorum will BRING THE FIGHT to Obama)
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To: cripplecreek

It was a FAD—an expensive gimmicky fraud based on a desire for power and money. It didn’t work because it wasn’t true. Sort of like the Nazi race thingy and the New Communist Man. Time to stick a fork in it and call it done.


30 posted on 02/11/2012 5:15:09 PM PST by Forward the Light Brigade (Into the Jaws of H*ll)
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To: Forward the Light Brigade
Time to stick a fork in it and call it done.

I'll do that when my power company dumps their stupid idea for building a wind farm and builds the coal fired plants they decided against last summer.
31 posted on 02/11/2012 5:18:48 PM PST by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: cripplecreek
I'll do that when my power company dumps their stupid idea for building a wind farm and builds the coal fired plants they decided against last summer.

Your power company is mandated by Washington to do many stupid things, one of them is build so much green energy. It would otherwise not be economical in 2012, without the federal subsidies.

32 posted on 02/11/2012 5:54:59 PM PST by The_Media_never_lie
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To: The_Media_never_lie

The sad thing is that my power company spent a decade and millions of dollars getting approval for the new coal fired plants only to shelve them a matter of months after getting final approval.


33 posted on 02/11/2012 5:59:18 PM PST by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: cripplecreek
My power company did likewise, purchased the site, bought substation steel, bought the generator etc., and probably spent 10s of millions (maybe 20 million), only to cancel and sell everything except the site, probably at pennies on the dollar.

They may have even sold the generating unit to China.

This is beyond stupid. And it goes unreported......go figure?

34 posted on 02/11/2012 6:09:15 PM PST by The_Media_never_lie
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To: Ernest_at_the_Beach

I was watching this program on National Geographic (I think) and it was talking about a disaster in Africa where an old volcano suddenly released a humongous pocket of CO2 out of the lake (and I know it was when the mentioned it several times) which killed all of the inhabitants in the localized area. The narrator said this happened because “CO2 is heavier than oxygen.”

So, this completely blew the Warmist’s theory out of the water!


35 posted on 02/11/2012 6:18:36 PM PST by Thorliveshere
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To: Ernest_at_the_Beach

Time to invest in the Pet Rock market.


36 posted on 02/11/2012 6:25:42 PM PST by Rudder (The Main Stream Media is Our Enemy---get used to it.)
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To: Ernest_at_the_Beach

Life in a silicon world.. a sad day indeed ..

just saw this too..

http://www.freerepublic.com/focus/f-news/2845500/posts

Whitney Houston, superstar of records, films, dies

48 and gone.. she processed more coke than a steel plant running on overtime


37 posted on 02/11/2012 6:41:25 PM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: Ernest_at_the_Beach

I wonder if Al Gore is on a Pepcid AC diet at this point. :)


38 posted on 02/11/2012 6:59:14 PM PST by Marine_Uncle
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To: boop

LOL. My best friend’s hubbie bought into that craze. All I would tell him...they’re BEAN BAGS for God’s sakes. She recently found a plastic bag of the dang things and I have a shark sitting near my desk...for those clients who are late paying their fees. Lol


39 posted on 02/11/2012 7:29:54 PM PST by Conservative4Ever (Waiting for the new tagline to download)
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To: Ernest_at_the_Beach

bfl


40 posted on 02/11/2012 7:49:40 PM PST by mamelukesabre
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To: mamelukesabre

Bookmark


41 posted on 02/11/2012 8:14:49 PM PST by Publius6961 (My world was lovely, until it was taken over by parasites.)
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To: Ernest_at_the_Beach

Think they’ve been dead, somebody finally noticed. LOL


42 posted on 02/11/2012 8:35:10 PM PST by SouthTexas (You cannot bargain with the devil, shut the government down.)
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To: Conservative4Ever

Just another example of “manufactured to be collectible”. True collectibles become so over time, they are not created for the purpose of being collectible. I used to do business with a man who had a room in his house set aside for Barbie dolls. He was convinced that he was going to retire from the profits. Then one day he got very angry when he learned that the “limited editions” were being brought out again. Some things like the commemorative firearms may have some actual appreciation but something like a Beanie Baby has no real value, an actual working firearm with a dedication to Elvis or John Wayne does.


43 posted on 02/11/2012 9:18:13 PM PST by RipSawyer
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To: Telepathic Intruder
“You mean all my carbon credits are worth NOTHING?”

Oh No! Not so. Al Gore has gotten mega-rich from selling those scraps of paper. And some governments and companies are still buying them with your money. You might get as much as 2 cents on the dollar back if you move quickly.

44 posted on 02/11/2012 10:01:30 PM PST by fella ("As it was before Noah, so shall it be again.")
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To: Forward the Light Brigade
“It was a FAD—an expensive gimmicky fraud based on a desire for power and money”

The college educated bureaucrat complex (a mixture of business and governmental middle and upper managers) are extremely prone to FADs. There were ‘Pyridine Shifts’, ‘TEAMS’, Synergies, 6-Sigma, Just in time, Doing more with less and of course Outsourcing. All have been failures in one way or another. But the FAD was bought into and the cost is a burdened economy.

45 posted on 02/11/2012 10:18:05 PM PST by fella ("As it was before Noah, so shall it be again.")
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To: RipSawyer

Thank you for a clear, concise explanation of ‘collectibles.’


46 posted on 02/12/2012 12:27:21 PM PST by Conservative4Ever (Waiting for the new tagline to download)
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