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New!!: Dr. John Ray's
GREENIE WATCH
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"Carbon: The New Pork!"
Welfare for the nuclear energy industry ping!!
"Power generators will make tens of billions of euros in profit from the second phase of the European Union's emissions trading scheme, according to predictions in an analysis of the market released yesterday.
The second phase of the scheme, which imposes a limit on carbon dioxide emissions from industry, will run from 2008 to 2012.
The rest of this article is for FT.com subscribers only"
...darn, sounds like the best of the lot of recent articles on the carbon trading scam
Have these people ever given thought to the fact that if companis are forced to buy a phony-assed carbon credit, they willl pass that cost to the consumer. Just like they pass any other tax along to the consumer. Yes: There will be tons of money floating around buying nothing,making phony carbon credit companies rich. but the consumer is going to be screwed. In the end the recession this will cause will ruin nations.
Some of these ideas these supposedly intelligent p[eople come up with are stupendously stupid. they get rich WE get screwed.
Click on POGW graphic for full GW rundown
New!!: Dr. John Ray's
GREENIE WATCH
Ping me if you find one I've missed.