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U.S. Carbon Trading Goes Up in Smoke
Business Week ^ | 11-25-10 | Roben Farzad

Posted on 11/26/2010 10:55:03 AM PST by bigbob

Just three years ago, George H. Stein, a managing director at New York-based recruiter Commodity Talent, was seeing a brisk volume in calls from Wall Streeters looking to make a career switch. While oil traders were getting pilloried on Capitol Hill, a new line of work promised to deliver wealth and social benefits: buying and selling carbon permits in the emerging market designed to control global warming pollution. "There was such a great deal of interest in carbon trading," recalls Stein.

(Excerpt) Read more at businessweek.com ...


TOPICS: Business/Economy; Culture/Society; Government
KEYWORDS: capandtax; capandtrade; carbontrading; globalwarming
Some good news for your Black Friday. Potential Cap'n Traders: Go get a real job!

If we're now supposed to look to California for the model on how this is to be done, we'll be better off buying popcorn futures.

1 posted on 11/26/2010 10:55:06 AM PST by bigbob
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To: bigbob; Clive; scripter; Darnright; WL-law; bamahead; carolinablonde; SolitaryMan; rdl6989; ...
 


Beam me to Planet Gore !

2 posted on 11/26/2010 10:59:35 AM PST by steelyourfaith (ObamaCare Death Panels: a Final Solution to the looming Social Security crisis ?)
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To: bigbob

up at my cottage, the firepit is filled with carbon....bidding starts at one dollar a pound, plus delivery....any bidders?????


3 posted on 11/26/2010 11:00:23 AM PST by joe fonebone (The House has oversight of the Judiciary...why are the rogue judges not being impeached?)
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To: bigbob
Obama's Carbon Policy Up In Smoke. Obama's Carbon Czars Don't Care:


4 posted on 11/26/2010 11:02:03 AM PST by mbarker12474 (If thine enemy offend thee, give his childe a drum.)
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To: bigbob

5 posted on 11/26/2010 11:04:57 AM PST by mirkwood (Palin-Bolton 2012)
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To: bigbob
I HAVE A DREAM…

Photobucket

An embittered former Senator and Vice President Al Gore is seen here en-route back to prison after a federal appeals court refused to review his 20 year sentence for GROSS HYPOCRICY for his lead role as spokesman in the “Climategate” fraud conspiracy.

The same court recently rejected the appeals of the lengthy sentences of the 137 alleged UN “scientists” – Gore’s co-conspirators – for falsifying data supporting so-called Cap and Trade legislation that trial testimony disclosed would have virtually destroyed what remained of the U.S. economy while unjustly enriching Gore and a cabal of insiders.

During his trial, Gore was notified by the Nobel Committee that he would have to return the large monetary prize and the gold metal awarded him in 2009. He told reporters that the last of his prize money had gone to the lawyers and Tipper pawned his medal when she left him for an achondroplastic dwarf NBA center and filed for divorce after his conviction.


6 posted on 11/26/2010 11:05:04 AM PST by Dick Bachert (11/2 was a good start. Onward to '12. U Pubbies be strong or next time we send in the libertarians!)
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To: bigbob

Good. Maybe now Al Gore will go away, grow a beard and get even fatter and less relevant.


7 posted on 11/26/2010 11:05:06 AM PST by PhilosopherStone1000
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To: bigbob
I bet London would love to see a little of that global warming right about now!
8 posted on 11/26/2010 11:05:52 AM PST by mckenzie7 (Democrats = Trough Sloppers!)
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To: bigbob
a new line of work promised to deliver wealth and social benefits: buying and selling carbon permits in the emerging market designed to control global warming pollution.

"Climate Change" has ALWAYS been about creating a new industry in which nothing has to be manufactured, there is no overhead, and scammers like Al Gore can reap billions.

There is never any lack of suckers to throw their hard-earned cash at smooth-talking fraudsters.

9 posted on 11/26/2010 11:27:21 AM PST by JennysCool (My hypocrisy goes only so far)
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To: JennysCool
"Climate Change" has ALWAYS been about creating a new industry in which nothing has to be manufactured, there is no overhead, and scammers like Al Gore can reap billions.

Yes, you nailed it. The whole thing is nothing but a big fraud. But don't underestimate how clever the schemers can be. There are lots of fools who believe in this nonsense and they will continue to push forward with this idiocy.
10 posted on 11/26/2010 1:10:41 PM PST by truthguy (Good intentions are not enough.)
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To: bigbob
For everyone involved in the carbon trading scam:

I hope Santa fills your stocking with prostate cancer.

Season's Greetings, jerkoffs.


Frowning takes 68 muscles.
Smiling takes 6.
Pulling this trigger takes 2.
I'm lazy.

11 posted on 11/26/2010 1:29:04 PM PST by The Comedian (Government: Saving people from freedom since time immemorial.)
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To: The Comedian

Shame I can’t ask Santa to fill my ex-wifes’ stocking with some of that. :-(


12 posted on 11/26/2010 4:54:55 PM PST by rickb308 (Nothing good ever came from someone yelling Allah Snackbar)
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