Keyword: carbontrading

Brevity: Headers | « Text »
  • Michelle Stirling: Paris is about saving green investors, not the Earth

    09/30/2015 11:49:19 AM PDT · by Ernest_at_the_Beach · 10 replies
    Recently, it was revealed that Volkswagen had been duping diesel-emissions tests on some of its high-end environmentally friendly cars. People were outraged. The CEO resigned. About the same time, Alberta Premier Rachel Notley told the Alberta Chambers of Commerce that her province had better get its environmental house in order or it would have measures imposed upon it. She also said that Alberta has “bad air.”Really? I challenge that statement. In 2011, Canada’s air was judged to be the third highest quality in the world. In 2006, Environment Canada reported that Red Deer was an unusual hot spot for poor...
  • UN Climate Regime Must Bypass U.S. Congress, French Govt Says

    06/04/2015 10:24:37 AM PDT · by detective · 31 replies
    The New American ^ | June 3, 2015 | Alex Newman
    United Nations and its member regimes must sidestep the U.S. Constitution and the American people’s elected representatives to save the world from global warming, declared French Foreign Minister Laurent Fabius (shown). Speaking to representatives of African governments and dictators during UN “climate” talks in Germany on Monday, the Socialist Party foreign policy chief explained that the U.S. Congress would refuse to approve the proposed planetary climate regime. As such, the emerging agreement, set to be finalized in Paris later this year, must be imposed on the United States by the Obama administration and the UN — without the consent of...
  • Rising seas threaten to flood launch sites, NASA says

    09/07/2015 12:47:49 PM PDT · by PROCON · 97 replies
    CNN ^ | Sep. 6, 2015 | Brandon Griggs
    (CNN)—NASA's rockets are astounding machines, capable of blasting into space at thousands of miles per hour and withstanding temperatures twice the melting point of steel. But they can't take off underwater. Rising sea levels caused by melting ice caps threaten to disrupt a handful of NASA launch sites along U.S. coastlines, the space agency warns. In the coming years, launch facilities at Florida's Kennedy Space Center and other places may need to be retrofitted or even moved inland, NASA says. "Every NASA center has its own set of vulnerabilities, and some are more at risk than others," NASA climatologist...
  • Transparently Predictable Political Tripwires: Tonight, Carly Fiorina

    08/10/2015 6:05:25 PM PDT · by Sontagged · 38 replies
    The Last Refuge ^ | 8/10/15 | Sundance
    Transparently Predictable Political “Tripwires”.. August 10, 2015 First the good news ! Many people are beginning to have the awakening, the fundamental paradigm shift needed to understand the rather complex construct of the GOPe machine. At the request of many people who are only recently accepting the scope of the ruse, that is the 2016 GOP primary, we are going to begin identifying the “tripwires” before they are crossed, and then highlighting the tripwire WHEN it is crossed. Yesterday we told you of a specific “tripwire” to look for. Today, we share what it looks like moments before it is...
  • Europe emission targets 'will fail to protect climate'

    10/20/2014 4:27:08 PM PDT · by Oldeconomybuyer · 4 replies
    BBC News ^ | October 20, 2014 | By Roger Harrabin
    Europe’s leaders are about to consign the Earth to the risk of dangerous climate change, a UN expert says. Prof Jim Skea, a vice-chair of the Intergovernmental Panel on Climate Change, says the EU’s plan to cut CO2 emissions 40% by 2030 is too weak. He says it will commit future governments to “extraordinary and unprecedented” emissions cuts. The Commission rejected the claim, saying the 40% target puts Europe on track for long-term climate goals. Prof Skea believes governments are setting targets by what appears to be politically achievable rather than what is necessary to transform the way we make...
  • Obama Calls For Climate Change Action In California Commencement Speech ["Moon Is Made of Cheese"?]

    06/15/2014 10:02:24 AM PDT · by Steelfish · 23 replies
    Guardian (UK) ^ | June 15, 2014
    Obama Calls For Climate Change Action In California Commencement Speech Speaking at University of California, Irvine, president compares science denial to saying 'moon is made of cheese' Barack Obama yelled 'Zot, Zot, Zot', as he makes the symbols of the Anteater, the school's mascot. Barack Obama on Saturday repeated his recent appeals for action to prevent climate change, while speaking at the University of California, Irvine graduation ceremony. “The question is not whether we need to act,” the president said, at Angel Stadium in Anaheim. “The overwhelming judgement of science, accumulated and reviewed over decades, has put the that to...
  • Confirmed: NO GLOBAL WARMING in 17 Years and 9 Months

    05/20/2014 7:32:53 PM PDT · by QT3.14 · 23 replies
    Gateway Pundit ^ | May 19, 2014 | Jim Hoft
    [Snip]...Not only is the North Polar cap not melted away – global warming is not happening either. There has been no global warming in 17 years and 9 months.
  • WTF Manner of Bizarre, Cockamamie Contrivance is This "Climate Negotiator"[sic] Thing?!!?

    11/11/2013 12:07:55 PM PST · by lbryce · 23 replies
    I was perusing through the news and saw many articles on the horrific destruction the storm in the Philippines had wrought. As I reading through the stories at Google, yahoo News, the term 'Climate Negotiator' kept on appearing in article after article. Well, I had no idea what a Climate Negotiator is, does. I mean, trying to negotiate with the climate seems a sissyphean task if not the most mentally stable thing to attempt. I tried searching Google, Yahoo for some precise meaning, job description for a Climate Negotiator but information was far and few between. It seems it is...
  • Enron's Global Warming Scam Survived It's Bankruptcy

    02/10/2013 1:17:50 AM PST · by kathsua · 9 replies
    lawrence Daily Journal World ^ | February 4, 2013 | Reasonmclucus
    Remember Enron, the corrupt firm whose failure should have disproved the myth "too big to fail", but didn't? At the time it was the seventh largest corporation. It's bankruptcy was the largest in history until Lehman Brothers failed. Incidentally, Lehman Brothers was also involved in carbon trading. Enron owed part of its early success to emissions trading. Basically emissions trading was established as a way for some companies to profit from pollution while allowing some companies to continue to produce the chemicals that can cause acid rain. Lawrence Solomon, executive director of Energy Probe and Urban Renaissance Institute, is reporting...
  • EU Carbon Trading ‘death spiral’ continues

    01/31/2013 5:36:10 PM PST · by Ernest_at_the_Beach · 9 replies
    Watts Up With That? ^ | January 31, 2013 | Anthony Watts
    UPDATE: it’s worse than we thought, see below. Carbon has closed below $4 a ton in a new record low while Deutsche Bank bailsFrom Reuters:Deutsche Bank quits carbon market: board member31 Jan 2013 12:42 Last updated: 31 Jan 2013 15:04LONDON, Jan 31 (Reuters Point Carbon) – Deutsche Bank has shut its global carbon trading operations, a member of the investment bank’s board of directors said on Thursday.  Source: addition to the price dropping to below the price of a bag of charcoal briquettes, it may have something to do with this investigation: Deutsche Bank co-chief named in carbon tax investigationTwo...
  • The Greatest Scam in History

    01/04/2013 12:42:06 AM PST · by kathsua · 15 replies
    Lawrence Journal World ^ | January 2, 2013 | Reasonmclucus
    The residents of California are about to become victims of what Weather Channel founder John Coleman has accurately called "the greatest scam in history". They will be paying higher energy bills to help carbon traders get richer. In the 1990's the corrupt Enron company began paying scientists and purported environmental groups to support the outright lie that slight increases in atmospheric carbon dioxide could increase atmospheric temperatures. Enron also supported politicians who were willing to go along with this scheme. Enron's goal was to get governments to establish a system for trading what the company called "carbon credits". Companies producing...
  • UN Summit: Transforming Your Kids into "Climate Change Agents"

    12/06/2012 5:13:44 PM PST · by VitacoreVision · 8 replies
    The New American ^ | 06 December 2012 | William F. Jasper
    UNICEF, UNESCO, and other UN agencies and NGOs have teamed up to flood classrooms with an ongoing tsunami of global-warming indoctrination. UN Summit: Transforming Your Kids into "Climate Change Agents" The New American 06 December 2012 Do your children (or grandchildren) have nightmares about the Earth melting or exploding due to human-caused global warming? Do they believe they have no future because our planet is dying, the icecaps and glaciers are melting, the sea levels are rising, islands and coastal areas are disappearing, polar bears and children are drowning, plant and animal species are rapidly going extinct, and extreme...
  • Yvo de Boer: Put €150 per tonne price on carbon

    12/03/2012 6:21:25 AM PST · by Olog-hai · 16 replies
    EurActiv ^ | 03 December 2012 | Arthur Neslen
    Urgent action is needed to boost carbon prices to €150 per tonne ($215.65/ton)—2,250% higher than current levels—if the EU is to meet its decarbonization goals by 2050, the former secretary-general of the UNFCCC has told EurActiv in an interview. “We very quickly need to see a carbon price in the order of €150 a tonne because that’s the kind of level that drives the price signals that we really need,” Yvo de Boer said on a phone line from Manila, in the Philippines. EU carbon allowances are currently trading at €6.60 per tonne ($9.49/ton), but a price of around €150...
  • Cutting Carbon: Is Europe’s Emissions Trading System Broken?

    10/26/2012 11:49:46 AM PDT · by Olog-hai · 8 replies
    Der Spiegel ^ | 10/26/2012 | Joel Stonington
    Europe’s carbon market is in deep trouble and it’s not just environmentalists sounding the alarm. Back in April, the CEO of Shell said that the European Union’s system for trading allowances for the emission of greenhouse gases was “in danger.” But that’s about as direct as anyone will get in this world of bureaucratese. Most simply talk of “price weakness” (meaning that emission credits are absurdly cheap), a desire for “long-term policy certainty” (the system needs a fix!) and the need to “restore confidence” (and the fix has to come fast!) The simple fact is that the most important tool...
  • The carbon corruption: Iran, Sudan, and North Korea get millions in U.N. carbon credit funds

    06/14/2012 2:30:31 PM PDT · by Ernest_at_the_Beach · 4 replies
    Watts Up With That? ^ | June 14, 2012 | Anthony Watts
    From the Washington Free Beacon by Zach Noble, how a half page of the Kyoto protocol turned into a free ride for corruption. Carbon Corruption Iran, North Korea, Sudan rack up millions by trading U.N. carbon credits The U.N. is funneling millions of dollars worth of tradable carbon credits to corrupt nations worldwide, including Iran, North Korea, Sudan, and Uzbekistan in an attempt to encourage clean energy projects in the developing world.The U.N. Clean Development Mechanism (CDM) is defined in Article 12 of the Kyoto Protocol. Western European countries fund energy projects in the developing world in order to obtain...
  • The 'EU Must Remain Tough' on Emissions Trading

    12/23/2011 5:57:24 AM PST · by Olog-hai · 13 replies
    Der Spiegel ^ | 12/22/2011 | Kristen Allen, with wires
    As of Jan. 1, 2012, all airlines that take off and land in Europe must purchase permits for the right to release carbon dioxide emissions. In a final ruling on the matter handed down on Wednesday, the European Court of Justice decided that including foreign airlines in the European Union emissions trading scheme (ETS) was permissible and that the new legislation did not infringe upon the sovereignty of other states and was compatible with international accords. Though the decision from the EU's highest court was expected, some fear it may spark a trade war with international partners, such as the...
  • EU wins court green light to start airline emissions charges

    12/21/2011 10:19:38 AM PST · by Olog-hai · 27 replies · 1+ views (AFP) ^ | 21 December 2011, 18:41 CET
    Europe pledged Wednesday to press on with new charges for airline carbon emissions across its airspace as of January 1, after scoring a key victory over US rivals in the EU's top court. The decision was welcomed as vindication by the European Union, which told US airlines to get ready to obey the law in the same way EU companies respect American regulations. But it was not without collateral damage, with industry sources fearing a possible trade war after US Secretary of State Hillary Clinton warned of reprisals ahead of the ruling. A high-ranking source in the aviation sector told...
  • Cap-and-trade emissions scheme expected to be approved by California

    10/20/2011 4:21:49 PM PDT · by george76 · 26 replies · 1+ views
    Guardian News ^ | 20 October 2011 | Suzanne Goldenberg,
    California Air Resources Board due to vote on the adoption of first US mandatory cap-and-trade emissions scheme... the California Air Resources Board was due to vote on Thursday afternoon on the adoption of an emissions trading scheme. "This is the final yes: we are going to move forward with California," said Gary Gero, president of the Climate Action Reserve, a voluntary registry. The decision was seen to be significant because California accounts for about 13% of the world economy, and the state has a history of being the leader on environmental initiatives. "California can drive national action," Gero said. The...
  • Romney: Humans May Not be Main Climate Change Source (Do you hear the sound of desparation yet?)

    08/25/2011 4:37:40 AM PDT · by bestintxas · 38 replies
    newsmax ^ | 8/25/11 | j mclure
    Presidential candidate Mitt Romney, in danger of losing his 2012 Republican primary front-runner status, Wednesday tweaked his position on global climate change, saying he does not know if humans are the primary cause. Romney, the former Massachusetts governor, also said he would not place restrictions on carbon emissions if elected and did not favor spending heavily on climate solutions. He was asked about global warming at a town hall meeting in Lebanon, New Hampshire, and said he believed the world is getting hotter and humans contribute in some way to the change. "Do I think the world's getting hotter? Yeah,...
  • Former Wall Street Obama Backers Switch to Romney (Big wigs and power brokers for Romney)

    08/24/2011 4:40:59 AM PDT · by Halfmanhalfamazing · 28 replies
    The Blaze ^ | August 23rd | Jessie Abrams
    A large group of 2008 Barack Obama supporters are now banking on Mitt Romney for the upcoming presidential election. That’s according to a report from Fox News that says a shift in Wall Street support could mean as much as a $150,000 boost for Romney’s campaign. “I think Romney could at least split Wall Street with Obama, which is something McCain really didn’t do,” said Charlie Gasparino, a reporter for Fox Business News. None of the expected bank presidents showed up to a recent fundraiser for President Obama, he added.
  • Goldman Favors Romney Over Obama in Race for Wall Street Funds

    07/17/2011 1:47:06 PM PDT · by Hojczyk · 10 replies
    Right Speak ^ | July16,2011
    A year after President Barack Obama signed into law the most extensive financial regulations since the Great Depression, Wall Street so far is putting its political money elsewhere. Employees of Goldman Sachs Group gave Republican presidential candidate Mitt Romney $238,250 in the last three months, more than workers at any other company, according to a computer-assisted analysis of Federal Election Commission data. Obama took in $10,113. Four years ago, employees of New York-based Goldman gave $994,795 to Obama and $234,275 to Romney, according to the Center for Responsive Politics, a Washington-based research group. For both candidates, it was more than...
  • Hard Times Hit Carbon-Trading Markets

    07/12/2011 8:20:06 PM PDT · by Brad from Tennessee · 14 replies
    The Heartland Institute ^ | July 11, 2011 | Bonner R. Cohen
    Once seen as a potential bonanza by governments, investment bankers, and alternative energy proponents, carbon dioxide credits have become close to worthless in trading exchanges and are now being shunned by investors. A June 8 auction by the Regional Greenhouse Gas Initiative (RGGI), a cap-and-trade consortium of 10 northeastern states, was a bust. Carbon dioxide permits auctioned by RGGI fetched $1.89 each, the minimum allowable bid. More than two-thirds of the 43.9 million carbon dioxide permits put up for auction went unsold. The June 8 auction was by far the most unsuccessful of the 12 sales held since RGGI began...
  • EU Carbon Credit trading takes a dive. In Greece, they can’t hardly give EU carbon credits away

    06/26/2011 1:03:46 PM PDT · by Ernest_at_the_Beach · 26 replies
    watts up with that? ^ | June 25, 2011 | Anthony Watts
     Guest post by EcotretasCO2 tumbling downEU Carbon Credits via Bloomberg -BLUENEXT - BNS EUA 08-12 (phase 2) (PNXCSPT2:IND) - click graph for report Once upon a time, carbon trading was supposed to be the salvation for Earth’s climate problems. But as time went on, people started realizing that something was wrong. As usual, financial markets anticipated the move. Late last year, US carbon trading crashed. Two weeks later, it closed. In Europe, the price of CO2 emissions even flourished earlier this year. The European Union pushed for stronger policies towards renewables. And Fukushima pressed German’s chancellor Angela Merkel to abandon...
  • New Jersey Gov. Chris Christie pulls out of greenhouse gas effort

    05/26/2011 7:04:46 PM PDT · by markomalley · 12 replies
    WaPo ^ | 5/27/11
    New Jersey Gov. Chris Christie (R) announced Thursday that he would pull out of a regional climate pact by the end of the year, delivering a political setback to the fledging effort to curb greenhouse gas emissions linked to global warming. In a news conference, Christie said the Regional Greenhouse Gas Initiative (RGGI), a 2005 accord in which 10 states agreed to cut greenhouse gas emissions from power plants 10 percent by 2018, would not be able to meet its goals. The program requires plants in the region that burn fossil fuels to buy pollution allowances for the carbon they...
  • Lawrence Solomon: The $7-billion carbon scam

    12/07/2010 9:08:56 AM PST · by enduserindy · 13 replies
    Financial Post ^ | December 5, 2010 | Lawrence Solomon
    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, according to Europol. Denmark’s Office of the Auditor General is now investigating the fraud, which occurred after the Danish registry dropped requirements that carbon traders be documented. 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. Read more:
  • Wikileaks sordid details reveals climate science is irrelevant

    12/04/2010 8:22:21 AM PST · by Ernest_at_the_Beach · 37 replies
    JoNova ^ | December 4th, 2010 | Joanne
    It’s all a grand charade — the matinee show put on by the Theater of Science was merely being used for the Grand Extravaganza called the Theater of Politics.Wikileaks, not surprisingly, turned up some not-so-diplomatic and not-so-scientific goings-on in the political race to steer power and dollars.From The Guardian The US diplomatic cables reveal how the US seeks dirt on nations opposed to its approach to tackling global warming; how financial and other aid is used by countries to gain political backing; how distrust, broken promises and creative accounting dog negotiations; and how the US mounted a secret global diplomatic...
  • Republicans Learn the Perils of Being Politically Incorrect on Climate Change

    11/26/2010 10:51:11 PM PST · by Minn · 29 replies
    The New York Times ^ | November 22, 2010 | EVAN LEHMANN
    Defeat came for Republican Rep. Bob Inglis because he slid to "Satan's side." That's how South Carolina voters perceive Inglis' newfound belief in climate change, says the outgoing lawmaker, who lost his primary bid in June to tea party candidate, and now representative-elect, Trey Gowdy. Inglis reflected on several blasphemies he committed in the eyes of voters in a departing interview last week, held in his congressional office. They ranged from opposing President George W. Bush's troop surge in Iraq to supporting his Troubled Asset Relief Program. But none of those, Inglis said, had as strong an impact as his...
  • U.S. Carbon Trading Goes Up in Smoke

    11/26/2010 10:55:03 AM PST · by bigbob · 11 replies
    Business Week ^ | 11-25-10 | Roben Farzad
    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.
  • Imaginary exchange goes poof [Chicago Carbon Credits]

    11/24/2010 2:03:03 AM PST · by Enchante · 26 replies · 1+ views
    Toronto Sun ^ | 11/14/10 | Ezra Levant
    The Chicago Climate Exchange is shutting down at the end of the year. Nobody’s buying carbon credits. Right now, days go by when not a single trade is done. When trades are done, carbon dioxide sells for just five cents a ton. It’s over.
  • US Carbon trading – not worth a plug nickel

    10/26/2010 12:48:19 PM PDT · by Need4Truth · 9 replies
    Watts Up With That? ^ | October 26, 2010 | Anthony Watts
    I wrote a few weeks ago that The only lower price than today’s closing price on a ton of carbon is ZERO. That’s true now more than ever. See the chart below from yesterday’s close of the Chicago Climate Exchange: [snip] And it’s still crashing. Last week the Chicago Climate Exchange (CCX) announced that they were scrapping the existing carbon trading program, and focusing on a new one that deals with directly sold carbon offsets rather than open trading.
  • Public carbon trading dead in the USA ( However California CARB is at work )

    11/08/2010 10:14:06 AM PST · by Ernest_at_the_Beach · 25 replies
    Watts Up With That? ^ | November 8, 2010 | Anthony Watts
    Public carbon trading dead in the USA Posted on November 8, 2010 by Anthony Watts Gore’s grand experiment has flatlined. As we reported almost two weeks ago, the Gore and Pachauri advised Chicago Carbon Exchange (CCX) has closed. Closing price? A nickel per ton of CO2.Here’s the final day closing page for posterity:A 16 lb bag of charcoal briquettes is worth more than a ton of CO2. About 220x more. Here’s more on the story:Carbon Trade Ends on Quiet Death of Chicago Climate ExchangeBy John O’SullivanRepublican mid-term election joy deals financial uncertainty among green investors as the Chicago Climate Exchange announces...
  • R.I.P.: Al Gore’s Chicago Climate Exchange Has Died

    11/08/2010 8:00:25 AM PST · by kingattax · 60 replies
    National Review Online ^ | 11-7-10 | Greg Pollowitz
    Global warming-inspired cap and trade has been one of the most stridently debated public policy controversies of the past 15 years. But it is dying a quiet death. In a little reported move, the Chicago Climate Exchange (CCX) announced on Oct. 21 that it will be ending carbon trading – the only purpose for which it was founded – this year. Although the trading in carbon emissions credits was voluntary, the CCX was intended to be the hub of the mandatory carbon trading established by a cap-and-trade law, like the Waxman-Markey scheme passed by the House in June 2009.
  • If Al Gore’s Chicago Climate Exchange Suffers Total Failure, Does the MSM Make a Sound?

    11/06/2010 6:03:14 AM PDT · by Kaslin · 42 replies · 1+ views
    Pajamas Media ^ | November 6, 2010 | Steve Miloy
    The CCX was the topic of thousands of MSM articles over the years, but not a single article reported their recent demise. Hmmm. Global warming-inspired cap and trade has been one of the most stridently debated public policy controversies of the past 15 years. But it is dying a quiet death. In a little reported move, the Chicago Climate Exchange (CCX) announced on Oct. 21 that it will be ending carbon trading — the only purpose for which it was founded — this year.Although the trading in carbon emissions credits was voluntary, the CCX was intended to be the hub...
  • Cancel all your European travel and vacation plans – carbon trading extortion is here

    09/28/2010 9:54:30 AM PDT · by Signalman · 14 replies
    WattsUpWithThat ^ | 9/27/2010 | Anthony Watts
    This is idiotic. The EU carbon trading cabal has decided to extort the rest of the air travel world starting in 2012. In a nutshell, they’ll ban flights from landing if the airlines don’t engage in carbon trading. It’s yet another variation of the “Plane Stupid” theme. Foreign airlines are threatened with a flight and landing ban from 2012 in the European Union if they do not participate in emissions trading. The ban is proposed in an internal document by the EU Commission seen by Handelsblatt. Summarised on nine pages, the guidelines describe how such a ban could be implement....
  • Guess who holds patent for carbon trading plan

    06/18/2010 10:35:41 AM PDT · by day21221 · 23 replies · 1,063+ views ^ | June 18, 2010 | Jerome R. Corsi
    Guess who holds patent for carbon trading plan Disgraced Fannie Mae CEO set to cash in for millions Obama housing adviser Franklin Raines Former Clinton and Obama budget adviser Franklin Raines owns a key carbon-emissions patent he developed as CEO of the government-sponsored mortgage giant Fannie Mae, positioning him and his partners to make millions of dollars if it is used in any carbon-capping scheme implemented by the Obama administration. Raines and his associates led Fannie Mae and Congress to believe Fannie Mae owned the patent, despite public records to the contrary, a WND investigation has found. Raines and his...

    05/10/2010 8:42:34 AM PDT · by Patriot1259 · 6 replies · 315+ views ^ | 05/10/2010 | Gary P.
    “The carbon trading system being pushed here has spawned crime and fraud across the pond. Cap-and-trade is not about saving the planet. It’s about money and power, and absolute power corrupting absolutely.” We’ve written much about the organized crime syndicate that is the Obama regime. It’s bad enough that Obama is a radical Marxist, hell bent on the destruction of society as we know it, the fact that he is also a money and power hungry crook is just icing on cake. In what we call The Greatest Swindle In Human History ©, we lay out what we feel is...
  • Will Obama’s Goldman Sachs Attack Expose Al Gore? Or Other Dems?

    04/26/2010 7:13:30 AM PDT · by george76 · 7 replies · 607+ views
    Pajamas Media ^ | April 22, 2010 | Richard Pollock
    The SEC civil charges against Goldman Sachs challenge a firm with ties to many Democrats, including Al Gore and the entire carbon trading establishment. Whether Wall Street colossus Goldman Sachs has committed a crime remains to be seen, but the investigation may well uncover the environmental lobby and its public figurehead. For nearly a decade, Goldman Sachs has been a quiet but major investor in cap and trade. And Goldman’s main investment partner has been Al Gore. About a decade ago, Goldman executives recognized that personal fortunes could be made with the invention of a carbon trading system through the...
  • New carbon trading legislation confuses businesses (enviro's new gravy train: consulting)

    03/31/2010 10:27:38 PM PDT · by TigerLikesRooster · 5 replies · 395+ views
    Telegraph ^ | 04/01/10 | Rowena Mason
    New carbon trading legislation confuses businesses A compulsory carbon trading scheme for 5,000 UK businesses will launch today, amid widespread confusion about its complex rules and a bonanza of extra fees for environmental consultants. By Rowena Mason, City Reporter (Energy) Published: 12:08AM BST 01 Apr 2010 Under the Government's scheme, an array of businesses from supermarkets to office blocks that spend more than Ł500,000 per year on energy must conduct an audit of their carbon dioxide emissions. They must register by September and will next year be ranked in a league according to how much energy they have saved or...
  • Here comes the next bubble -- carbon trading

    03/21/2010 3:46:46 AM PDT · by Clive · 8 replies · 585+ views
    Daily Telegraph (UK) ^ | 2010-03-19 | Jeremy Warner
    Forget CDOs and other inventions of the great credit bubble. That’s all old hat. Investment bankers are moving on to an area of securities trading that is potentially even more lucrative, and what’s more, even has a social value – saving the planet. Or supposedly so, anyway. I’ve long had my suspicions about the great carbon trading bubble, and I’ve had them pretty much confirmed by a brilliant article which has been drawn to my attention by one Mark Schapiro in Harper’s magazine. According to Mr Schapiro, carbon trading is now the fastest growing commodities market on earth. Since Kyoto...
  • JPMorgan to buy EcoSecurities for $204 million (LONDON based-2009--close 2010-no carbon trading)

    03/13/2010 3:56:52 PM PST · by Ernest_at_the_Beach · 8 replies · 343+ views
    Reuters ^ | Mon Sep 14, 2009 1:22pm EDT | Michael Szabo and Paul Sandle
    JPMorgan Chase & Co agreed to buy carbon offset aggregator EcoSecurities for 122.9 million pounds ($204 million) on Monday, trumping a bid from the firm's co-founder, to boost its carbon-credit trading business. J.P.Morgan Ventures Energy Corp., a subsidiary of the bank, said its 100 pence-a-share bid, made through Carbon Acquisition Company, had the backing of shareholders representing 19.9 percent of the company.It said EcoSecurities had successfully realized value from sourcing, developing and trading emission reductions, and it noted the firm had recorded its first period of profitability in the first half.The offer represents a 120 percent premium to the group's...
  • Al Gore's Nine Lies

    02/23/2010 10:25:14 PM PST · by bruinbirdman · 23 replies · 957+ views
    IBD ^ | 2/23/2010
    Climate Fraud: The godfather of climate hysteria is in hiding as another of his wild claims unravels — this one about global warming causing seas to swallow us up. We've not seen or heard much of the former vice president, Oscar winner and Nobel Prize recipient recently as the case for disastrous man-made climate change collapses. Perhaps he's off reading how scientists were forced to withdraw a study on a projected sea level rise due to global warming after finding two "technical" mistakes that undermined the findings. The study, published in 2009 in Nature Geoscience, allegedly confirmed the conclusions of...
  • Al Gore Is Lying Low -- for Good Reason

    02/23/2010 11:11:58 PM PST · by onyx · 132 replies · 4,305+ views
    AMERICAN THINKER ^ | February 24, 2010 | Rex McBride
    February 24, 2010Al Gore Is Lying Low -- for Good ReasonBy Rex McBride Maybe Al Gore's been advised by legal counsel to lie low. He may be the leader of the anthropogenic global warming (AGW) movement, but he's not defending it in public, not even when it's falling apart and his new fortune is based upon it. Mr. Gore and his financial backers earned millions of dollars in start-up "green" companies and carbon trading schemes. If the scam worked, he could've become the first "carbon billionaire." "What goes up can fall down" applies to ill-gotten gains in the stock market...
  • McConnell: Cap-and-Trade Bill Doomed

    01/21/2010 8:55:45 AM PST · by NoRedTape · 15 replies · 862+ views ^ | Jan 20, 2010 | NewsMax
    WASHINGTON – The top Republican in the Senate, Mitch McConnell, said on Wednesday that there was barely any support in that chamber for passing cap and trade legislation that aims to control global warming."I would say there is minimal enthusiasm, and that's putting it mildly, for cap and trade," McConnell said when asked by a reporter whether the initiative was dead for this year.Under cap and trade, which was passed by the House of Representatives last June, lower and lower limits would be put on industrial emissions of carbon dioxide and other greenhouse gases over the next 40 years.Companies would...
  • EU carbon scheme reels after weak climate deal

    12/22/2009 8:13:21 PM PST · by opentalk · 12 replies · 796+ views
    Reuters ^ | December 21, 2009 | Nina Chestney
    The credibility of the European Union’s flagship carbon trading scheme was dealt another blow on Monday after carbon prices fell to six-month lows as UN talks in Copenhagen failed to deliver a strong climate deal. Traders and analysts say low prices could continue well into 2010, slowing investment in low-carbon technologies which have already been dented by tight financing due to a slow economy. “(The low price) reinforces the idea that relying solely on the EU ETS to drive investment is probably not the answer at the moment,” said Andy Kelly, head of business development at Centrica. “This does give...
  • Carbon Capitalists

    12/20/2009 2:24:28 PM PST · by reaganaut1 · 5 replies · 370+ views
    Bloomberg | January 2010 | Lisa Kassenaar
    No excerpt allowed from, story here.
  • Carbon trading a tug of war

    12/18/2009 2:04:35 PM PST · by george76 · 16 replies · 588+ views
    The Globe and Mail ^ | December 16, 2009
    Wall Street sees carbon trading and related derivative products as the next big thing in financial innovation. Critics say it's the next big financial mess. Carbon trading provides a way for companies to stimulate green energy and carbon reduction projects by financing them through the purchase of carbon credits. Such trading has slowed over the past year or so amid uncertainty about regulations and global emissions targets. Eventually, though, many expect carbon trading to balloon into a multitrillion-dollar business. FOE and other environmental groups have been pressing the Senate to pass legislation that puts strict limits on banks' involvement in...
  • Copenfrauden: The Scandals Behind Global Warming

    12/14/2009 11:29:24 AM PST · by thackney · 7 replies · 677+ views
    The Heritage Foundation ^ | December 11, 2009 | Nick Loris
    Forget the dire economic consequences of a Copenhagen climate change treaty for a second and think about the fraud involved. Carbon Trading Fraud Take the European Union, for instance, which implemented a carbon trading scheme analogous to a cap and trade system. And it has been fraught with fraud. French officials are investigating a $230 million carbon trading fraud scheme and this is only the tip of the iceberg in what is a startling revelation and huge blow to the climate talks in Copenhagen: Europol, the European Union’s law enforcement arm against organized crime, announced on Wednesday that carbon-trading fraud...
  • Carbon rises 800 years after temperatures

    12/13/2009 9:29:37 PM PST · by Ernest_at_the_Beach · 28 replies · 1,549+ views
    JoNova ^ | December 14th, 2009 | Carbon Dioxide Information Analysis Center
    Ice cores reveal that CO2 levels rise and fall hundreds of years after temperatures changeIn 1985, ice cores extracted from Greenland revealed temperatures and CO2 levels going back 150,000 years. Temperature and CO2 seemed locked together. It was a turning point—the “greenhouse effect” captured attention. But in 1999 it became clear carbon rose and fell after temperatures did. By 2003 we had better data showing the lag was 800 ± 200 years. CO2 was in the back seat.AGW replies: There is roughly an 800-year lag. But even if CO2 doesn’t start the warming trend, it amplifies it.Skeptics say: If CO2...
  • VIDEO: Massive Cap-and-Trade Fraud

    12/12/2009 8:23:22 AM PST · by AtlasStalled · 3 replies · 369+ views
    Friends of Ours ^ | 12/12/09 | Friends of Ours
    Europe's cap-and-trade program which is designed to reduce CO2 emissions is rife with fraud thanks to organized crime's alleged involvement in the market as reported by the European Police Office (EUROPOL): The European Union (EU) Emission Trading System (ETS) has been the victim of fraudulent traders in the past 18 months. This resulted in losses of approximately 5 billion euros for several national tax revenues. It is estimated that in some countries, up to 90% of the whole market volume was caused by fraudulent activities. In France prosecutors have "opened a criminal investigation of four men allegedly involved in a...
  • Secret Draft Leak Proves More Damaging Than ‘Climategate’ As Talks Are Suspended

    12/09/2009 1:01:53 PM PST · by Titus-Maximus · 19 replies · 1,622+ views ^ | 12/0/09 | Staff
    The leakage of an alternative negotiations draft has put the credibility of the Conference of Parties in question. The leaked draft was prepared by so called ‘Circle of Commitment’ nations which includes at least the United States, the United Kingdom and Denmark. The draft took final shape just before the COP15 meeting and only a handful of countries had knowledge of its existence, presumably none were developing countries. One of the first issues the UNFCCC officials and many negotiators had to give clarifications about on the very first day for the Copenhagen Climate Conference was the ‘Climategate’ issue - leakage...