Posted on 09/16/2007 7:59:18 PM PDT by leebert
Kyoto's carbon-credit system subverted via cheating: Chemical producers in Kyoto "poor countries," seeking to double their salable CO2 credit allotments, are scamming the UN's Kyoto carbon credit system. In addition to this intentional cheating, the byproducts are ozone-depleting chemicals, counter-productive to Montreal Protocol's goal to preserve ozone layer.
By intentionally exploiting loopholes in the credit allotment scheme to combat certain refrigerants classified as greenhouse gases, chemical firms in Kyoto "poor nations" get paid to destroy the very chemicals they're intentionally manufacturing in their clever shell game.
Kyoto can be seen as a scheme that has inadvertently accelerated globalization. With carbon-credit overheads, Kyoto "rich countries" have a double incentive to offshore production to Kyoto "poor countries."
Developed countries, in this way, are further motivated to back-door emissions to Kyoto's "poor countries," because as "poor countries" are able to create more carbon credits via various ruses, the trading price of carbon credits goes even lower (with increased supply of carbon credits). And carbon-trading schemes that exempt developing nations may come to resemble a huge shell game where emissions won't be mitigated much while workers in developed countries will lose jobs at a faster rate.
Is it any wonder that globalization continues apace? Every two weeks China fires up a new coal plant that generates the equivalent emissions of the city of San Diego while more and more production is offshored to China.
Now this was totally unforseeable./s/
i’m shocked.....
How anyone could honestly swallow this diabolical scam is beyond me.
How can you have an honest plan to reduce pollution in the atmosphere when you exempt over half the world?
The polluting companies simply take their plants to the countries with no restrictions - and unless there's a clause in Kyoto that prohibits the polluted air from those countries from crossing their borders (a bit of sarc here) then there is no reduction in pollution...but a lot of money and control flows to the schemers - like one Bore we all know.
Yes, that, and the EU’s carbon credit cheating that lead to CC prices plummeting...
This is really funny. This vaguely written article complains that “loopholes” are being exploited. Thos eloopholes were part of the plan. It reminds one of the complaints that rich US taxpayers make use of loopholes, but all those loopholes were intendtionally put into place by people like Al Gore, who believe in “targeted tax breaks” insteads of across-the-board reductions in taxes. After giving “targeted tax cuts” they then call them “loopholes” when you actually use them.
Kyoto is not being observed by China. There is no “loophole” about this. Kyoto is a flawed plan, and we have never adopted it. Even countries which endorsed it have not implimented it. They want to look good to the green lobby, but they sometimes don’t want actually to ruin their economies. Canada is a perfect example.
Ah ... ze dreaded HCFC 22, aka Freon 22! Remember? The really good refrigerant?
Since Freon 22 rises up miles and miles so it can destroy the ozone layer, why don't we fill the Goodyear Blimp with it? ....................... FRegards
Its a money laundering scheme from top to bottom, and they complain that some of the players are trying to increase their share of the take. Worse, is that its the players at the bottom of the pyramid.
Kyoto can be seen as a scheme that has inadvertently accelerated globalization.
Indvertently? If the scheme works as planned, it is the most perverse kind of colonialism. The old fashioned colonialists took control of a territory in order to develop it. The modern Gorean Kyoto colonialists do so in order to guarantee that the third world lands and peoples they control can never develop.
This is grotesque.
Equally grotesque is their shock, shock, that the third-worlders are willing to take their money but not willing to commit national suicide.
Kyoto is the "move your industry to China" treaty, it is a money laundering scheme in which traders trade "credits" which, unlike normal stocks and bonds which are based on some real asset, are instead based on the proud absense of any asset whatsoever. They are a means of making a failure to create wealth into a kind of quantifiable ersatz wealth.
And it relies upon forcing some guy in some undeveloped country to forgo any chance at progress in order to offset someone else's progress.
We're not supposed to treat creation as a sin, and one man's creation shouldn't be "offset" or atoned for by forcing some other man to not create. Most especially progress in the industrialized world does not need to be "atoned" for by locking up third world assets and denying their development to the people of those very countries.
Inadvertently...
Yeah, right.
ping
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