They aren't selling "nothing" and they only get paid a comission.
You're selling "bugbear farts." You claim that these have magical properties and only the wise can smell them. Naturally, George Clooney and Matt Damon pontificate about the sweet aroma of the bugbear farts.
That there is no evidence that a bugbear exists is beside the point, the "kool kids" need to show how wise they are, how caring and in-tune, so they smell the farts without question, attacking and snubbing those who would be crass enough to question.
A private company would sell the credit to another private comany and the credit allows the bearer to emit a certain amount of CO2 into the atmosphere.
Except the first company has to GET the indulgence from somewhere, before the grand game of trading indulgences can commence.
Will Pope Algore the Malfeasant grant special indulgence on the faithful allowing them to exhale? Seeing how it is a carbon sin to breath, and all....
Depending on the particular form of the system, the initial allowance may be auctioned by governent or it may be free.
Well damn, we can take nothing, and auction it off.
Ain't fraud sweet?
I favor a free allocation system. It will have the same effect to the environment while not removing net dollars from the private industry.
It will remove trillions from the economy - that's the whole point. You don't set up securities fraud of this magnitude NOT to loot the **** out of the economy...
This is the biggest theft in human history, the well connected ripping off virtually the entire globe. About 2 or 3% of the wealth of the entire world will be given to some very crooked fuckers. Pope Algore and scumbags like Michael Mann are just conmen, convincing the stupid that the ripoff is for their own good. Hey, but you can pat yourself on the back, you're saving the village from the wrath of the volcano god.
The sale of a carbon credit represents the sale of the right to emit certain amount of CO2.
How original.
I wonder why no one has ever thought to sell an indulgence to allow the masses to sin before this?
You do not go to hell for emitting CO2. Its not an indulgence.
ROFL
Uh-huh....
Hard to say? Gee I thought you were the expert on the downsides of cap and trade systems - and here you're telling me its "hard to say" what negatives were caused by sulfer and nitrous cap and trade?
Dude, this is a fraud, a scam, the long-con. The same routine has been used repeatedly throughout history. Call it the volcano god, Gaea, or Anthropogenic Global Warming, it's all the same old con. People just don't bother to learn, to look at history. We're always eager to believe the next apocalypse myth, and to rape, murder and pillage in service of the latest myth.
Really? So when Arrhenius published the first paper on the subjec over 100 years ago he was really just the leader of a massive worldwide conspiracy lasting multiple generations?
A good con needs some level of plausibility. One thing that is predictable about the climate is that it's in a constant state of flux. We have had papers on every subject from ice ages to population bombs in the last hundred years. I have a popular science from 1965 that shows the flying cars we would all drive by the year 2000. I was told all through High School that California would be falling into the ocean long before I reached adulthood. Nuclear annihilation was right around the corner. Jimmy Carter told me that the Soviets were vastly superior to us, thus we would inevitably fall to them and must appease as a means of survival.
None of it happened, it was all bullshit speculation. Because people love doomsday. Part of it is ego, we grasp that we are going to die, so how can the world still go on without us? Thus the world must be ending.
The con-men The Algore's and Phil Jones, and those holding their leashes, latch on and use this to manipulate the stupid.
You gonna show us HOW the science doesn't work? Or is it HARD TO SAY?
In my 20's, a Jehovah's witness came to my door to convert me - so that his filthy church could rip me off, since that is the real reason they exist. He went into his silly shpeal. Being young, I foolishly started to debate him, pointing out that they had predicted that Jesus would return in September of 1914, then when it didn't happen, they moved the date, and then came up with the idea that Jesus DID return, but no one noticed. He went into all the dogma points of why I just didn't grasp the wisdom of the fact that Jesus really had returned.
Now I don't argue dogma with fanatics, be they JW's or AGW's. I take the broad view, looking at the scam, the con, not the details of dogma.
No, I won't argue scripture with you, I don't believe your scripture. But I do see your fraud, it's as clear as day, the same fraud that's been used repeatedly for thousands of years.
Luther called you on it, and I'm calling you on it.