Rebutting the IMF’s Carbon Arbitrage Scheme

 WUWT

The International Monetary Fund (IMF) recently issued a draft paper called “The Great Carbon Arbitrage” making various points that are scientifically wrong or unsupported. Our member Lars Schernikau wrote to the IMF asking for clarification and explaining the scientific issues at hand. A reply from the IMF is outstanding. The IMF draft paper targets specifically coal and makes various grossly misleading and actually unsupported statements in direct contradiction to scientific data and information available. This comes at a time when Europe and the world needs to increase coal burn to avoid a worsening energy crisis."