"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 five 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"
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Sunday, 23 December 2018
Cambridge academic caught on plane with £100,000 in a box of chocolates jailed over £2.8m green energy scam
A Cambridge academic who stole £1m from a government green-energy project has been jailed for four years.
Dr Ehsan Abdi-Jalebi, 37, was stopped by Border Force officers at Heathrow with £100,000 in cash in a Thorntons Continental chocolate box as he boarded a flight to Tehran in May 2016.
The discovery prompted an investigation by the National Crime Agency, which found he had used fake documents to siphon off money into his own accounts from funding allocated to the development of renewable energy projects.
He had used the funds to develop a property in Iran worth £900,000 and to lease a Maserati sports car as well as a property in Cambridge.
Abdi-Jalebi had won international acclaim for his work on wind turbines and set up his technology firm Wind Technologies Ltd in 2006.
But, he dishonestly received project funding to the value of £2.8m in grant money from Innovate UK, the EU and The Department for Energy and Climate Change (DECC)."