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I love how the Brits and Euros call business deals a "scheme" It certainly has a different connotation here in the US, and it fits.
1 posted on 05/04/2007 3:20:22 AM PDT by jsh3180
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To: jsh3180

“Scam” is a better term.


2 posted on 05/04/2007 3:37:40 AM PDT by Fresh Wind (Vaclav Klaus: "A whip of political correctness strangles their voice")
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To: jsh3180
"It would be helpful if participants think very hard about it..."

Sounds like they have. Looks like the wrong people have figured out how to make a profit.

3 posted on 05/04/2007 3:45:43 AM PDT by TN4Liberty (Conservatives want to destroy terrorism. Liberals want to destroy conservatives.)
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To: jsh3180

This is hysterical. Carbon-trading cannot produce wealth - so (I guess) what is actually happening with these “profits” is that some businesses are finding ways to shuck off some of their tax burden.

Which would be pretty funny, if I wasn’t sure that some gormless Civil Servants a) owe their existence to this Anthropogenic GW nonsense, and b) are living off my taxes.


4 posted on 05/04/2007 4:04:36 AM PDT by agere_contra
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To: jsh3180
"Nobody is changing investments," said Guy Tuner, analyst at New Carbon Finance.

What would be the reward for doing so?
5 posted on 05/04/2007 5:44:49 AM PDT by P-40 (Al Qaeda was working in Iraq. They were just undocumented.)
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To: jsh3180

The math doesn’t work here.

How can the utilities be making windfall profits? Who is paying them for the carbon credits in “windfall” amounts? Who is paying 20 Euros per tonne of CO2?

I’m sure a few gullible greenies are buying up credits (to offset their personal emissions) but this would only add up to 50 Euros to 100 Euros per person. The numbers don’t add up.


6 posted on 05/04/2007 5:48:26 AM PDT by JustDoItAlways
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To: jsh3180
damaging the integrity of the scheme

Only the con artists are supposed to make money on the scam.

8 posted on 05/04/2007 5:53:52 AM PDT by thackney (life is fragile, handle with prayer)
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To: jsh3180

haha!


9 posted on 05/04/2007 5:57:27 AM PDT by Rightwing Conspiratr1
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12 posted on 05/04/2007 2:52:35 PM PDT by Tolerance Sucks Rocks (G*d bless and heal Virginia Tech!)
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