An example of Green insanity

[westwall]

Here in a nutshell is an excellent article dealing with how industry games the system and does not in fact lower pollution but in the long run increases it. Also it shows how fraudsters like Gore and Co. have been able to rake in millions of dollars with the scam.

?Perverse? CO2 Payments Send Flood of Money to China by Mark Schapiro: Yale Environment 360

 

[Oddball]

 

[Intense]

In order to offset their own greenhouse gases, companies and utilities in Europe that are subject to the emission limits of the Kyoto Protocol have been paying vastly inflated prices to Chinese companies to destroy hfc 23, and in the process have been providing the Chinese government with hundreds of millions of dollars in tax revenue to compete against Europe’s own “green” industries. European concern about this practice was a major source of contention during last week’s climate negotiations in Cancun, as the UN attempted to defend the integrity of the multi-billion dollar global carbon offset market.

?Perverse? CO2 Payments Send Flood of Money to China by Mark Schapiro: Yale Environment 360

Surprise! Surprise! What's Gore's cut???

 

[Old Rocks]

Here in a nutshell is an excellent article dealing with how industry games the system and does not in fact lower pollution but in the long run increases it. Also it shows how fraudsters like Gore and Co. have been able to rake in millions of dollars with the scam.

?Perverse? CO2 Payments Send Flood of Money to China by Mark Schapiro: Yale Environment 360

Then the industries should be fined and amount that would make gaming the system something that they would not even consider.