"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...

Sunday, 15 January 2012

Green Fraudsters: Carbon Trading Hits Europe’s Gangland

"At least four recent gangland killings are connected to a multibillion euro carbon trading fraud that has cost taxpayers about €5 billion in VAT.

It was a classic French gangland operation. The killers drew up alongside their victim on a scooter as he walked through an affluent district in west Paris, shot him dead with a 7.65 pistol and then disappeared into the traffic. Police originally assumed that the murder in September of Samy Souied, a French underworld boss, was linked to drugs, gambling or prostitution. Now, officers believe it was the result of a very different racket – one involving the fight against global warming.Detectives in the French capital are convinced that at least four recent unresolved killings are connected to a multibillion euro fraud that targeted the Europe Union’s carbon dioxide trading scheme."

The disclosure comes amid a flurry of court cases across Europe involving gangs who exploited Brussels’ environmental policy to make lucrative gains.

Europol, the European Police Office, estimates that they cost taxpayers about €5 billion in VAT.

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