Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Carbon Trading Schemes in Trouble and Ignored
Canada Free Press ^ | December 17, 2010 | Jack Dini

Posted on 12/18/2010 5:38:02 AM PST by IbJensen

Why are carbon trading issues that have gone awry ignored by the media? Two examples: 1-scam artists from around the world, capitalizing on lax regulations at the Danish emissions trading registry have made off with an estimated $7-billion over the last two years, and 2- the Chicago Climate Exchange (CCX) announced that it will be ending carbon trading this year. Both of these have been underreported (ignored?) by most media. Denmark

The Danish climate emission permit registry allowed companies with no documented address trade CO2 emission permits. While allowing a free-for-all served the carbon market on the short term by appearing to inflate the interest in carbon as a commodity, it ultimately backfired when much of the trading proved to be phony. One of the companies had the address of a parking lot. Lawrence Solomon notes, “This story, greatly underreported, came to me via a Norwegian reader, Geir Hasnes, who has translated one of the few press reports to have appeared.”

-snip-

Chicago Climate Exchange (CCX)

In a little reported move, the Chicago Climate Exchange announced on October 12 that it will be ending carbon trading—the only purpose for which it was founded—this year. At its founding in November 2000, it was estimated that the size of CCX’s carbon trading market could reach $500 billion. That estimate ballooned over the years to $10 trillion.

-snip-

Not only was a young Barack Obama a board member of the Joyce Foundation that funded the fledgling CCX...

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


TOPICS: Business/Economy; Constitution/Conservatism; Crime/Corruption; Government
KEYWORDS:
A truly evil scheme dreamed up by shysters who are in Bernie Madhoff's category. Unfortunately they're connected to our ruling class umbilically.

Our nation, at it's highest levels, is operated for 'someone's' amusement and to the detriment of our nation.

1 posted on 12/18/2010 5:38:03 AM PST by IbJensen
[ Post Reply | Private Reply | View Replies]

To: IbJensen; meyer; Normandy; Whenifhow; TenthAmendmentChampion; Clive; scripter; Darnright; WL-law; ..
 


Beam me to Planet Gore !

2 posted on 12/18/2010 5:43:37 AM PST by steelyourfaith (ObamaCare Death Panels: a Final Solution to the looming Social Security crisis ?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen

We’ll probably bail them out, too.


3 posted on 12/18/2010 5:47:16 AM PST by Wolfie
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen

Oh those poor people caught up in this scheme concocted by AlGore himself ... think of the money they’ve lost. We should bail them out next! /s


4 posted on 12/18/2010 5:50:10 AM PST by ThePatriotsFlag (You are just jealous because the voices aren't talking to YOU!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen

The only person I’ve heard talking about this is Glenn Beck - and it truly is a scam in the worst sense.
“May we buy some of your Carbon Credits so we may freely pollute?”
The industrial nations wind up using all the “credits” anyway...whether they buy them or not..right? LOL..like China cares about pollution? Air so thick you can cut it with a knife.

It’s all about global re-distribution of wealth...rewarding unproductive societies for being unproductive. IMHO... Obama’s buddies over at CCX should all be in prison.


5 posted on 12/18/2010 5:56:53 AM PST by nagdt ("None of my EX's live in Texas")
[ Post Reply | Private Reply | To 1 | View Replies]

To: nagdt

Save for later


6 posted on 12/18/2010 6:29:49 AM PST by Fred911 (YOU GET WHAT YOU ACCEPT)
[ Post Reply | Private Reply | To 5 | View Replies]

To: IbJensen
A truly evil scheme dreamed up by shysters who are in Bernie Madhoff's category. Unfortunately they're connected to our ruling class umbilically.

This should have been right up there with the "big lie" awards. It is not just a lie, but insiders (Algore included) stood to make a killing off the ridiculous scheme.

7 posted on 12/18/2010 6:43:39 AM PST by The_Media_never_lie
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen
A truly evil scheme dreamed up by shysters who are in Bernie Madhoff's category. Unfortunately they're connected to our ruling class umbilically.

This should have been right up there with the "big lie" awards. It is not just a lie, but insiders (Algore included) stood to make a killing off the ridiculous scheme.

8 posted on 12/18/2010 6:43:50 AM PST by The_Media_never_lie
[ Post Reply | Private Reply | To 1 | View Replies]

To: The_Media_never_lie

Carbon trading is proof positive that GW is a scam. It has nothing to do with the environment and everything to do with money and control. They all should be jailed.


9 posted on 12/18/2010 6:58:24 AM PST by Dutch Boy
[ Post Reply | Private Reply | To 8 | View Replies]

To: IbJensen
The RGGI (click to see declining auction results) has been trying this in the Northeast for years and it's also a "fail".
10 posted on 12/18/2010 7:14:21 AM PST by raybbr (Someone who invades another country is NOT an immigrant - illegal or otherwise.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: IbJensen
A televised congressional investigation in the new term should be demanded. Let the carbon footprint scam artists from AlGorp on down be required to testify a la the BP execs.

In order not to be held in contempt of Congress, they must drive from Chicago and elsewhere to D.C. in hybrid private cars to give their sworn testimony.

Leni

11 posted on 12/18/2010 7:23:09 AM PST by MinuteGal
[ Post Reply | Private Reply | To 1 | View Replies]

To: MinuteGal
In order not to be held in contempt of Congress, they must drive from Chicago and elsewhere to D.C. in hybrid private cars to give their sworn testimony.

Through the Looking Glass, huh? Punishment before trial. :-)

Julius Hammer was dispatched from Russia to the USA by Vladimir Lenin in the late 1800s to raise money for the Communists in Russia. This was before the Communist Revolution of 1917, obviously. He formed the Communist Party USA in 1907.

Hammer was a doctor in Russia and he started a chain of drugstores in NY named Allied Drugs. He also performed abortions on the side and botched one on the wife of a Russian diplomat. She died and he was sent to prison. His son Armand took over.

Armand Hammer was a precursor to George Soros. Lenin had given the Hammers lots of money to seduce American elites. He also had an inside track on companies in Russia. Here, he formed Occidental Petroleum and owned lots of other companies, including the one that mad Arm and Hammer Baking Soda. Many thought he named his son after that but the son came first. His son was named after the symbols on the Communists flag.

The Hammers threw elaborate dinners and cocktail parties and invited all the cultural and political elites. Among his early seductions were the Sulzburgergs, publishers of the NYTimes. Another was Senator Albert Gore, Sr., of Tenn. The Gores then moved from their tiny farm in Tenn. to an entire floor of the Ritz Carlton Hotel in Washington, D.C. The Gores are still funded by Occidental Petroleum. In short, Al Gore is and always has been a Communists agent. For that matter so were the Clintons but in a much more clandestine way.

This global warming scam is just the industrial version of national health care.

Those who bought the carbon credits remind me of the rubes who are fleeced at county fairs. Those selling them are the county fair snake oil salesmen.

12 posted on 12/18/2010 9:51:58 AM PST by Mind-numbed Robot (Not all that needs to be done needs to be done by the government.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Mind-numbed Robot; flaglady47
Not to mention that AlGore is the godchild of the late Com/Symp Armand Hammer. Which is why he and his family have had and continue to have benefits from the Hammer estate and Occidental Oil.

Because of this, one would think Gore would prefer a world economy based on oil, not on wind power and gerbils running perpetually inside wheels hooked up to ComEd. I truly believe AlGore is quite borderline-mad.

He tries to practice the seductive arts of his late Red Godfather, but he doesn't have the same suaveness and skill, nor the billions to keep funding and promoting unattainable goals.

As the global warming scam is completely exposed and fades away into oblivion, I believe Gore will also fade into a twilight zone of diminishing stability and almost total obscurity in some luxurious home-type facility somewhere.

Leni

13 posted on 12/18/2010 10:35:59 AM PST by MinuteGal
[ Post Reply | Private Reply | To 12 | View Replies]

To: MinuteGal
He tries to practice the seductive arts of his late Red Godfather, but he doesn't have the same suaveness and skill, nor the billions to keep funding and promoting unattainable goals.

Plus, I believe he is gay and no matter how hard they try to man him up he can't get there.

14 posted on 12/18/2010 8:07:31 PM PST by Mind-numbed Robot (Not all that needs to be done needs to be done by the government.)
[ Post Reply | Private Reply | To 13 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson