Climategate

"Carbon (Dioxide) trading is now the fastest growing commodities market on earth.....And here’s the great thing about it. Unlike traditional commodities markets, which will eventually involve delivery to someone in physical form, the carbon (dioxide) market is based on lack of delivery of an invisible substance to no-one. Since the market revolves around creating carbon (dioxide) credits, or finding carbon (dioxide) reduction projects whose benefits can then be sold to those with a surplus of emissions, it is entirely intangible." (Telegraph)

This blog has been tracking the 'Global Warming Scam' for over ten years now. There are a very large number of articles being published in blogs and more in the MSM who are waking up to the fact the public refuse to be conned any more and are objecting to the 'green madness' of governments and the artificially high price of energy. This blog will now be concentrating on the major stories as we move to the pragmatic view of 'not if, but when' and how the situation is managed back to reality. To quote Professor Lindzen, "a lot of people are going to look pretty silly"


PS: If you have arrived here on a page link, then click on the HOME link...

Thursday, 7 July 2011

Mantria Corporation: The biggest green Ponzi scheme ever?

MNN
"It probably seemed too good to be true: A corporation promising to build a carbon-negative residential community powered by a groundbreaking new type of alternative energy, all of which would yield investors returns of anywhere from 17 to "infinite" percent.It turns out it was too good to be true, according to the Securities and Exchange Commission, which on Nov. 17, 2009, charged Philadelphia-based Mantria Corporation with securities fraud, calling it a "green investment Ponzi scheme." But by that time, Mantria investors — most of them from the Denver area — had already been bilked out of a reported $54 million."
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