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Hackers steal 2 million tonnes of EU carbon credits
Yahoo ^ | 1/20/11 | AFP

Posted on 01/20/2011 10:43:56 AM PST by NormsRevenge

BRUSSELS (AFP) – Hackers stole two million tonnes of polluting rights in a five-day raid this week on the European Union's carbon emissions trading system, an EU source said on Thursday.

The volume of carbon credits stolen in online action, which a European Commission spokeswoman was "possibly concerted", represents just a fraction of global industrial greenhouse gas permits, but is potentially worth many millions of euros.

The scale of the theft, which involved five unnamed EU states, was revealed a day after Brussels shut all 27 national trading registries for a week, citing inadequate online protection.

Credits stolen just from the Czech Republic were worth seven million euros.

Fourteen of the 27 European Union states need to boost their online security to minimum standards, the spokeswoman said.

The EU Emission Trading Scheme (ETS) is the largest multinational, greenhouse gas emissions trading scheme in the world, but has repeatedly suffered security breaches.

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; Front Page News
KEYWORDS: algore; carbon; conartist; credits; emissions; fraud; greenhousegas; hackers; manbearpig; scam; steal; tonnes
EU P U .. This smells.
1 posted on 01/20/2011 10:43:57 AM PST by NormsRevenge
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To: NormsRevenge

Somebody stole my secret wishes and lofty ideals!


2 posted on 01/20/2011 10:45:32 AM PST by dead (I've got my eye out for Mullah Omar.)
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To: NormsRevenge

LOL. Surely this is the Onion?


3 posted on 01/20/2011 10:45:44 AM PST by pissant ((Bachmann 2012 - Freepmail to get on/off PING list))
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To: NormsRevenge

Why don’t INDIVIDUALS have carbon credits? I would like to sell mine.

Let’s all get together and flood their market (Do a Cloward-Piven on this scheme to sell indulgences)


4 posted on 01/20/2011 10:45:55 AM PST by Mr. K (There are 10 types of people those who know BINARY and those who don't)
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To: dead

I have them in my imaginary lock box I stole from Algore.


5 posted on 01/20/2011 10:47:21 AM PST by WOBBLY BOB ( "I don't want the majority if we don't stand for something"- Jim Demint)
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To: Mr. K

I can get you just under 2 million credits,if the price is right.


6 posted on 01/20/2011 10:48:02 AM PST by Delta 21 (If you cant tell if I'm being sarcastic...maybe I'm not.)
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All the usual suspects are being interviewed..


7 posted on 01/20/2011 10:48:09 AM PST by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard .. Obama: Epic Fail or Bust!!!)
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To: pissant

I think the theft ocurred when these fools surrendered their euros towards this bogus commodity.


8 posted on 01/20/2011 10:48:26 AM PST by Made In The USA (This post may be recorded for quality purposes.)
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To: NormsRevenge

I wonder how many unicorns and vials of magic pixie dust those bastards absconded with.


9 posted on 01/20/2011 10:48:26 AM PST by Minn
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To: John Semmens

Sounds like something you would write.


10 posted on 01/20/2011 10:48:36 AM PST by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: NormsRevenge

Great. Counterfeit carbon credits. And the agencies that detect and verify them.


11 posted on 01/20/2011 10:48:36 AM PST by Attention Surplus Disorder ("Looks like I picked the wrong week to quit smoking" - Barack Hussein Obama)
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To: NormsRevenge

Probably Mr. Burns.


12 posted on 01/20/2011 10:48:46 AM PST by bkepley
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To: NormsRevenge

How does one fence stolen carbon credits? Why would anyone acquire stolen carbon credits? Seems to me like they would be immediately traceable, because they only exist on paper, no wait, scratch paper, they only exist as electrons.


13 posted on 01/20/2011 10:51:26 AM PST by La Lydia
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To: NormsRevenge

If caught, these guys will have to spend years in an imaginary prison, like mimes.


14 posted on 01/20/2011 10:51:58 AM PST by dead (I've got my eye out for Mullah Omar.)
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To: Mr. K

Vegentarians will have to buy carbon credits because they fart all the time.


15 posted on 01/20/2011 10:53:06 AM PST by GeronL (http://www.stink-eye.net/forum/index.php)
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To: NormsRevenge

along with million dollars in monopoly money


16 posted on 01/20/2011 10:55:38 AM PST by MNDude
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To: NormsRevenge

Pssst! Hey buddy! I’ll trade ya for a million in Bellagio Casino Chips...........pass it on.............


17 posted on 01/20/2011 10:56:43 AM PST by Red Badger (Whenever these vermin call you an 'idiot', you can be sure that you are doing something right.)
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To: NormsRevenge

Were they looking to trade carbon credits for unicorn pelts?


18 posted on 01/20/2011 10:57:48 AM PST by SERKIT ("Blazing Saddles" explains it all......)
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To: NormsRevenge

That and 2 bucks will get you a coffee at most Starbucks.


19 posted on 01/20/2011 11:00:33 AM PST by kevinm13 (Tim Geithner is a tax cheat. Manmade "Global Warming" is a HOAX!)
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To: NormsRevenge

Some peoples stole something that doesn’t exist?


20 posted on 01/20/2011 11:02:37 AM PST by ReverendJames (Only A Lawyer, A Painter, A Politician And The Media Can Change Black To White)
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To: NormsRevenge

What could go wrong with a cap n tax scheme like this? Surely we’ll be able to control the climate if we trade these imaginary units and various criminal organizations wouldn’t ever try to take advantage while we smugly save the planet would they?


21 posted on 01/20/2011 11:03:17 AM PST by Brett66 (Where government advances, and it advances relentlessly , freedom is imperiled -Janice Rogers Brown)
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To: WOBBLY BOB
I keep my carbon credits hidden in a wood stove. Thieves would never think to look there, especially when there is a fire in it.
22 posted on 01/20/2011 11:04:28 AM PST by IMR 4350
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To: NormsRevenge
"The EU Emission Trading Scheme (ETS) is the largest multinational, greenhouse gas emissions trading scheme Ponzi Scheme in the world, but has repeatedly suffered security breaches.
23 posted on 01/20/2011 11:07:16 AM PST by UCANSEE2 (Lame and ill-informed post)
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To: dead
Somebody stole my secret wishes and lofty ideals!

Really? Your 2 cents worth? ;^)

24 posted on 01/20/2011 11:08:14 AM PST by rawhide
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To: NormsRevenge
Wait... someone stole something that doesn't really exist or mean anything in the first place. Not only that, but they stole it online in a market where people buy and sell things that don't exist. And they've potentially made millions of dollars?

My head hurts.
25 posted on 01/20/2011 11:14:12 AM PST by Domalais
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To: NormsRevenge

Later, near an open car trunk:
“Yo, I got some fresh carbon credits right here. What? Naw, man, this is better than magic beans! So good the price is two Benjamins instead of one...aight.....see ya....sucka.”

Not much difference between the original seller and the fence, come to think of it.


26 posted on 01/20/2011 11:14:28 AM PST by GenXteacher (He that hath no stomach for this fight, let him depart!)
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To: NormsRevenge
ROFLOMAO!


27 posted on 01/20/2011 11:22:07 AM PST by Liberty Valance (Keep a simple manner for a happy life :o)
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To: NormsRevenge

Is this a joke? Exactly where do you find a fence for carbon credits? How do you launder carbon credits?


28 posted on 01/20/2011 11:26:39 AM PST by antiRepublicrat
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To: NormsRevenge

Two million tonnes? However did they carry them?


29 posted on 01/20/2011 11:27:50 AM PST by Oztrich Boy (History repeats itself, first as tragedy, second as farce - Karl Marx)
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To: NormsRevenge

From what I have read the Mob controls the EU trading in Carbon Credits. So these hackers have just stolen from the Mafia.

Not a good idea. Some bodies will be found.


30 posted on 01/20/2011 11:29:24 AM PST by texmexis best (`)
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To: NormsRevenge

"We thought that we had the answers, it was the questions we had wrong."

--Bono

31 posted on 01/20/2011 11:33:14 AM PST by Liberty Valance (Keep a simple manner for a happy life :o)
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To: NormsRevenge

Stealing from thieves. No honor among thieves.


32 posted on 01/20/2011 11:44:14 AM PST by FreeAtlanta (RIP Royal Marshall, you ran the good race.)
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To: NormsRevenge

Carbon credits......toilet paper


33 posted on 01/20/2011 11:46:53 AM PST by ronnie raygun (V.........................................FOR VOMIT)
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To: NormsRevenge
...but is potentially worth many millions of euros.

This article fails to mention a singularly important issue, which is: how many quatloos is that, given the current exchange rate?

/s

34 posted on 01/20/2011 12:30:45 PM PST by Disambiguator (Political Correctness is mandatory stupidity.)
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To: NormsRevenge

Now these stupid things are going to start showing up in pawn shops all over Europe...


35 posted on 01/20/2011 12:35:59 PM PST by Onelifetogive (I tweet, too...)
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To: NormsRevenge
Stealing carbon credits.

Doesn't that make about as much sense as stealing unicorn licenses?

I mean, what are you going to do with them, sell them to elves?


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

36 posted on 01/20/2011 12:53:29 PM PST by The Comedian ("Extremism in the defense of liberty is no vice" - B. Goldwater)
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To: NormsRevenge

My poo has some carbon in it. I’d like to sell it to the EU. I offer competitive discount prices on all carbon credits!


37 posted on 01/20/2011 1:01:51 PM PST by Soothesayer (smallpox is not a person)
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To: Liberty Valance

ICKKKKKK!!


38 posted on 01/20/2011 1:06:11 PM PST by jackibutterfly
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To: La Lydia
My local pawn shop had a whole stack of them. Right between the power tools and the guitars. /s
39 posted on 01/20/2011 3:45:49 PM PST by Gabrial (The Whitehouse Nightmare will continue as long as the Nightmare is in the Whitehouse)
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To: Gabrial

There is a guy in an overcoat selling them on the street in downtown DC. Come to think of it, he looks a lot like Al Gore.


40 posted on 01/20/2011 3:48:16 PM PST by La Lydia
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To: NormsRevenge
Phoney baloney crap all the way around. Stealing phoney "credits" from phoney agencies running phoney bureaucratic scams.
41 posted on 01/20/2011 5:31:48 PM PST by hinckley buzzard
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Isn’t this like pawning your air guitar?


42 posted on 01/20/2011 6:54:27 PM PST by molson50
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To: Ernest_at_the_Beach; AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; ...

thanks Ernest_at_the_Beach for this one: thanks NormsRevenge for the current one.


43 posted on 01/20/2011 8:00:41 PM PST by SunkenCiv (The 2nd Amendment follows right behind the 1st because some people are hard of hearing.)
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To: SunkenCiv; FrPR; enough_idiocy; meyer; Normandy; Whenifhow; TenthAmendmentChampion; Clive; ...
Thanx again SunkenCiv !

 




Beam me to Planet Gore !

44 posted on 01/21/2011 3:03:20 AM PST by steelyourfaith (ObamaCare Death Panels: a Final Solution to the looming Social Security crisis ?)
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