Posts Tagged ‘Generation Investment Management’

Climate change policy has nothing to do with environmental protection

20 november, 2010

“Klimaschutz hat mit Umweltschutz kaum mehr etwas zu tun“

I have from day one written many, many posts in this blog about the intimidation of people and blatant censoring of facts done in the name of ”science” and Global Warming Hysteria. And that the Global Warming Hysteria has nothing to do with saving the Earth or the environment. It has always been a political agenda.

(See for example my post The Big Money & The Global Governance/Government Agenda That Fuels Environmentalism)

I have written extensible (over 120 of posts) about the scam called Cap and Trade, –  the Biggest Heist in History-  where BOTH BUYER AND SELLER BENEFITS FROM CHEATING. And we, as taxpayers and consumers pay the prize. It’s an open invitation to fraud and manipulation.

And recognize it for what it is – A GIANT FINANCIAL SCAM that puts all the burden on the common people and does nothing whatsoever for the environment.

Therefore it is refreshing to se that more and more of the Global warming Hysterics are coming out from behind their masks and are openly admitting their political agenda.

The latest one is Ottmar Edenhofer, a German economist and co-chair of the IPCC Working Group III. He is also the deputy director and chief economist of the Potsdam Institute for Climate Impact Research (PIK) and Professor of the Economics of Climate Change at the Berlin Institute of Technology. He will be co-chairing the Working Group “Mitigation of Climate Change”.

Here are some direct quotes from an article in Neue Zürcher Zeitung November 14:

Grundsätzlich ist es ein grosser Fehler, Klimapolitik abgetrennt von den grossen Themen der Globalisierung zu diskutieren. Der Klimagipfel in Cancún Ende des Monats ist keine Klimakonferenz, sondern eine der grössten Wirtschaftskonferenzen seit dem Zweiten Weltkrieg….. da führt kein Weg daran vorbei, dass ein Grossteil der fossilen Reserven im Boden bleiben muss.

Aber man muss klar sagen: Wir verteilen durch die Klimapolitik de facto das Weltvermögen um. Dass die Besitzer von Kohle und Öl davon nicht begeistert sind, liegt auf der Hand. Man muss sich von der Illusion freimachen, dass internationale Klimapolitik Umweltpolitik ist. Das hat mit Umweltpolitik, mit Problemen wie Waldsterben oder Ozonloch, fast nichts mehr zu tun.“

Aber dann müssen wir sehen, dass erfolgreiche Klimapolitik eben eine andere globale Handels- und Finanzpolitik braucht.“

Und in den Industrieländern wird uns klar, dass für ein Klimaschutzziel von zwei Grad weder rein technische Lösungen noch Lebensstilwandel ausreichen. Die Leute hier in Europa haben die groteske Vorstellung, Einkaufen im Bioladen oder Elektroautos lösten das Problem. Das ist arrogant, denn der ökologische Fussabdruck unseres Lebensstils hat sich in den letzten 30 Jahren vergrössert, trotz Öko-Bewegung.“

Es muss Strafen und Anreize geben: weltweite CO 2 -Zölle und Technologie-Transfer.“

Was wir suchen müssen, ist eine Oase, das ist die kohlenstofffreie Weltwirtschaft. Es geht um den gemeinsamen Aufbruch zu dieser Oase.“

My english translation:

“Basically it’s a big mistake to discuss climate policy separately from the major themes of globalization. The climate summit in Cancun at the end of the month is not a climate conference, but one of the largest economic conferences since the Second World War…. there is no getting around the fact that a large part of the fossil reserves must remain in the soil.”

“But one must say clearly that we redistribute de facto the world’s wealth by climate policy. That the owners of coal and oil will not be enthusiastic about this, is obvious.

One has to free oneself from the illusion that international climate policy is environmental policy. This has nothing to do with environmental policy anymore, with problems such as deforestation or the ozone hole.”

“But then we need to see that a successful climate policy must specify a different global trade and financial policy.”

“And in developed countries, we have realized that for a climate protection target of two degrees neither purely technical solutions nor life style change will be sufficient. The people here in Europe, have the grotesque idea that shopping in the health food stores or in electric cars solved the problem. This is arrogant, because the ecological footprint of our lifestyle has increased in the last 30 years, despite the eco-movement.”

“There must be penalties and incentives: global CO 2-tariffs and technology transfer.”

“What we need to look for is an oasis that is the non-carbon global economy. It’s about the common departure for this oasis.”

The article from NZZ here:

http://www.nzz.ch/nachrichten/schweiz/klimapolitik_verteilt_das_weltvermoegen_neu_1.8373227.html

Klimapolitik verteilt das Weltvermögen neu»

Klimaschutz hat mit Umweltschutz kaum mehr etwas zu tun, sagt der Ökonom Ottmar Edenhofer. Der nächste Weltklimagipfel in Cancún sei eigentlich ein Wirtschaftsgipfel, bei dem es um die Verteilung der Ressourcen gehe. Interview: Bernhard Pötter

NZZ am Sonntag: Herr Edenhofer, beim Klimaschutz fordern alle eine Reduzierung von Emissionen. Sie sprechen jetzt von «gefährlicher Emissionsreduzierung». Was ist das?

Ottmar Edenhofer: Bisher ging Wirtschaftswachstum immer Hand in Hand mit dem Wachstum der Treibhausgasemissionen. Ein Prozent Wachstum heisst ein Prozent mehr Emissionen. Ins historische Gedächtnis der Menschheit hat sich eingebrannt: Wer reich ist, verfeuert dafür Kohle, Öl oder Gas. Und deshalb haben die Schwellenländer Angst vor Emissionsgrenzen.

Beim Klimaschutz sollten aber alle mitmachen, sonst funktioniert er nicht.

Das sagt sich so leicht. Aber vor allem die Industriestaaten haben ein System, das fast ausschliesslich auf fossilen Energien beruht. Es gibt kein historisches Vorbild und keine Weltregion, die ihr Wirtschaftswachstum von den Emissionen abgekoppelt hat. Da können Sie nicht von Indien oder China erwarten, dass die finden, dass das eine tolle Idee ist. Und es kommt noch schlimmer: Wir sind mitten in einer Renaissance der Kohle, weil Öl und Gas teurer geworden sind, Kohle aber nicht. Die Schwellenländer bauen gerade für die nächsten 70 Jahre ihre Städte und Kraftwerke, als ob es dauerhaft keinen hohen CO 2 -Preis gäbe.

Das Neue an Ihrem Vorschlag zu einem Global Deal ist die Betonung, wie wichtig Entwicklungspolitik für die Klimapolitik ist. Bis jetzt denken viele bei Entwicklungshilfe an Almosen.

Das wird sich sofort ändern, wenn global Emissionsrechte verteilt werden. Wenn das pro Kopf der Bevölkerung geschieht, dann ist Afrika der grosse Gewinner, und es fliesst viel Geld dorthin. Das hat für die Entwicklungspolitik enorme Konsequenzen. Und es wird sich auch die Frage stellen, wie diese Länder mit so viel Geld überhaupt sinnvoll umgehen können.

Das klingt alles nicht mehr nach der Klimapolitik, die wir kennen.

Grundsätzlich ist es ein grosser Fehler, Klimapolitik abgetrennt von den grossen Themen der Globalisierung zu diskutieren. Der Klimagipfel in Cancún Ende des Monats ist keine Klimakonferenz, sondern eine der grössten Wirtschaftskonferenzen seit dem Zweiten Weltkrieg. Warum? Weil wir noch 11 000 Gigatonnen Kohlenstoff in den Kohlereserven unter unseren Füssen haben – und wir dürfen nur noch 400 Gigatonnen in der Atmosphäre ablagern, wenn wir das 2-Grad-Ziel halten wollen. 11 000 zu 400 – da führt kein Weg daran vorbei, dass ein Grossteil der fossilen Reserven im Boden bleiben muss.

De facto ist das eine Enteignung der Länder mit den Bodenschätzen. Das führt zu einer ganz anderen Entwicklung als der, die bisher mit Entwicklungspolitik angestossen wurde.

Zunächst mal haben wir Industrieländer die Atmosphäre der Weltgemeinschaft quasi enteignet. Aber man muss klar sagen: Wir verteilen durch die Klimapolitik de facto das Weltvermögen um. Dass die Besitzer von Kohle und Öl davon nicht begeistert sind, liegt auf der Hand. Man muss sich von der Illusion freimachen, dass internationale Klimapolitik Umweltpolitik ist. Das hat mit Umweltpolitik, mit Problemen wie Waldsterben oder Ozonloch, fast nichts mehr zu tun.

Trotzdem leidet die Umwelt unter dem Klimawandel – vor allem im Süden.

Es wird auch viel bei der Anpassung zu tun sein. Aber das geht eben weit über klassische Entwicklungspolitik hinaus: Wir werden in Afrika mit dem Klimawandel einen Rückgang der landwirtschaftlichen Erträge sehen. Aber damit kann man umgehen, wenn die Effizienz der Produktion gesteigert wird – und vor allem, wenn der afrikanische Agrarhandel in die Weltwirtschaft eingebettet wird. Aber dann müssen wir sehen, dass erfolgreiche Klimapolitik eben eine andere globale Handels- und Finanzpolitik braucht.

Das grosse Missverständnis vom Uno-Gipfel in Rio 1992 wiederholt sich in der Klimapolitik: Die Industriestaaten reden von Umwelt, die Entwicklungsländer von Entwicklung.

Es ist noch komplizierter. In den achtziger Jahren waren unsere lokalen Umweltprobleme für die Entwicklungsländer ein Luxusproblem. Wer schon satt ist und Auto fährt, der kann sich über sauren Regen aufregen. Für China ging es hingegen darum, wie man 600 Millionen Chinesinnen und Chinesen in die Mittelschicht bekommt. Ob da ein Kohlekraftwerk steht oder in den Kohleminen die Sozialstandards niedrig sind, das war erst einmal nachrangig – wie bei uns im 19. Jahrhundert.

Aber die Welt ist kleiner geworden.

Jetzt kommt etwas Neues: Es geht nicht mehr nur um unseren Luxus, unsere Umwelt. Den Entwicklungsländern wird klar, dass die Ursachen im Norden liegen und die Folgen im Süden. Und in den Industrieländern wird uns klar, dass für ein Klimaschutzziel von zwei Grad weder rein technische Lösungen noch Lebensstilwandel ausreichen. Die Leute hier in Europa haben die groteske Vorstellung, Einkaufen im Bioladen oder Elektroautos lösten das Problem. Das ist arrogant, denn der ökologische Fussabdruck unseres Lebensstils hat sich in den letzten 30 Jahren vergrössert, trotz Öko-Bewegung.

Sie sagen, für die erfolgreiche Klimapolitik sei ein hohes Mass an internationaler Kooperation nötig. Gerade die sieht man aber nicht.

Ich teile die Skepsis. Aber haben wir eine Alternative? Derzeit gibt es drei Ideen, wie man die schwierige Kooperation umgehen kann: Man verlegt sich auf unsichere Experimente wie das Geo-Engineering, man konzentriert sich auf den Ausbau von sauberer und sicherer Energie, oder man vertraut auf regionale und lokale Lösungen. Es gibt allerdings keinen Hinweis darauf, dass eine dieser Ideen das Problem löst. Wir müssen die Kooperation also wollen, so wie man auch für die Regelung der Finanzmärkte zusammenarbeiten muss.

Aber anders als bei der Finanzkrise hat in der Klimapolitik ein Land Vorteile, wenn es nicht mitmacht.

Die Finanzkrise war eine Notoperation – angesichts von Gefahr verhalten wir uns kooperativer. So etwas wird es beim Klima nicht geben, denn es bleibt immer fraglich, ob ein konkretes Ereignis wie eine Überschwemmung ein Klima-Phänomen ist. Aber es gibt immer die Gefahr, dass individuelle Rationalität zur kollektiven Dummheit führt. Deshalb kann man das Klimaproblem nicht allein lösen, sondern muss es vernetzen mit anderen Problemen. Es muss Strafen und Anreize geben: weltweite CO 2 -Zölle und Technologie-Transfer.

In Ihrem neuen Buch ist viel von Ethik die Rede. Spielt sie bei den Klimaverhandlungen eine Rolle?

Ethik spielt immer eine Rolle, wenn es um Macht geht. China und Lateinamerika betonen zum Beispiel immer die historische Verantwortung der Industriestaaten für den Klimawandel. Diese Verantwortung ist nicht zu leugnen, aber es ist auch ein strategisches Argument der Länder. Ich würde eine Verantwortung für die Zeit seit 1995 akzeptieren, weil wir seither wissen, was den Treibhauseffekt verursacht. Die Verantwortung bis zur industriellen Revolution auszudehnen, ist ethisch nicht gerechtfertigt.

Kann man die Ethik nutzen, um den Stillstand zu beenden?

Das Buch enthält eine Parabel: Eine Gruppe Wanderer, die Weltgemeinschaft, ist in der Wüste unterwegs. Die Industriestaaten trinken das Wasser zur Hälfte aus und sagen dann grosszügig: «Jetzt teilen wir den Rest!» Da sagen die anderen: «So geht es nicht, ihr habt das Wasser ja schon zur Hälfte geleert. Wir reden jetzt mal über eure historische Verantwortung.» Wir meinen: Wenn wir nur um den Wasservorrat streiten, weil wir uns auf die ethischen Prinzipien nicht einigen können, werden wir verdursten. Was wir suchen müssen, ist eine Oase, das ist die kohlenstofffreie Weltwirtschaft. Es geht um den gemeinsamen Aufbruch zu dieser Oase.

Copyright © Neue Zürcher Zeitung AG

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Annonser

The Big Money & The Global Governance/Government Agenda That Fuels Environmentalism

12 oktober, 2010

I have written many, many posts in this blog about the intimidation of people and blatant censoring of facts done in the name of ”science” and Global Warming Hysteria. And that the Global Waming Hysteria has nothing to do with saving the Earth or the environment. It has always been a political agenda.

I have written extensible (over 120 of posts) about the scam called Cap and Trade, –  the Biggest Heist in History-  where BOTH BUYER AND SELLER BENEFITS FROM CHEATING. And we, as taxpayers and consumers pay the prize. It’s an open invitation to fraud and manipulation.

And recognize it for what it is – A GIANT FINANCIAL SCAM that puts all the burden on the common people and does nothing whatsoever for the environment.

The European model is a carnival of corruption, profiteering, speculation and multi-billion-dollar fraud. It’s done nothing to improve the environment while handing undeserved profits to big business and driving up the cost of energy to consumers.

What they are really advocating is huge price increases in the cost of energy, meaning the cost of everything.

That’s it. That’s their plan.

Anything else they say is a lie.

This is a scam to enrich the corrupt.

As always – Follow the money.

Here are some good videos on the big company, organisations and political money behind the Global Warming Hysteria.

Part 1- The Big Money & The Global Governance Agenda That Fuels Environmentalism

Part 2- The Big Business of Scaring America to Death

Part 3- Green Gold: BP, GE & the World’s First Carbon Billionaires

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Why, Mr President, are you deliberately destroying the American way and committing economic harakiri?

21 augusti, 2010

As I wrote in my post Climate Gate – All the manipulations and lies revealed 367:

“President Obama, one of the men behind the Biggest Heist in American History – Cap and Trade, and who at ALL COSTS want to ram through the cap and trade bill, has now put in place an administrative system that allows him, at will, to totally bypass Congress

After the EPA, Health care bill and now the financial bill, they can sneak it trough in big chunks through administrative orders. Not the whole cap and trade bill at once, but in two, tree maybe four steps.

America, your whole system has been hijacked, and you have done nothing, so far, to stop it. What the Obama administration has done during the last one and half year makes a mockery of your constitution and the principle of separation of power.”

These are the “representatives” that rammed through the Obama Care, the financial bill, etc., against the will of the people. They don’t care about the constitution, and they don’t know the difference between the declaration of Independence and the Constitution; and they don’t care that they don’t know.

The people in congress who voted for these bills, this is EXACTLY WHAT THEY WANTED AND INTENDED with these bills. But to get it through Congress they gladly and wilfully lied through their teeth and ears, they even gladly put their lies in writing.

Why? Because they are ramming through their political agenda which they have been waiting and planning so long for to be able do.

As I have been saying all along, it has always been a political agenda – anti human, anti freedom, anti development and anti capitalism. And this Global Warming Hysteria is part of that agenda. It has nothing to do with science, facts or saving the environment or the Earth.

All of this, as always, paid by us, the common people, in the form of taxes, high energy costs and reducing our living standard back to the Stone Age.

And these guys spends billions and TRILLIONS of $ of our tax money.

While they at the same time preach austerity, frugality and sacrifice from us, the taxpayers.

This blatant hypocrisy is so mind numbing that it would be laughable if it weren’t for the fact that these people have the power to force us to obey them.

They are a truly parasitic class in the sense that Karl Marx wrote about it.

How ironic that today most of this parasitic class is leftists and so called “liberals”.

In fact, it is the PERFECT scam and heist – the more they can get you to feel guilty, the more money they earn. And the more control they get over society.

In short, it is very troubling to see a country on a path of economic and political self destruction. But if the present trend continues you are, to put it simple: toast.

Just one small example – the increase in federal taxes and regulations (EPA, Healthcare etc.), the cost of running a business has increased so much during the last year that it has become in many ways uninteresting. On top of that, the huge tax increases that is coming January first next year.

Not to speak about all the uncertainties what is going to happen in the near future.

As more and more people are discovering this and becoming aware of this the biggest heist in American history (see the letter below), President Obama, and his administration, is not doing so well. His approval index is at bottom. As is all the other indicators (see below).

It’s time for the people of America to take their country back. Otherwise the consequences for you as a country are going to be devastating. Especially for the common people. .

Meanwhile, we STILL await Mr. Obama’s explanation why if his ”historic” health care law is so great for America, it’s not good enough for him and his family.

 

          

   

http://www.investors.com/NewsAndAnalysis/Article/544329/201008191822/An-Open-Letter-To-President-Obama.aspx

An Open Letter To President Obama

By JEFFREY S. HOWARD

Posted 08/19/2010 06:22 PM ET

In today’s dangerous world, we need a president with experience, leadership and courage. Unfortunately, you have shown us little of those traits.

Your childhood and younger years denied you the opportunity to grow up as an American man, and that is no fault of your own. Unfortunately, your lack of empathy for and experience of a traditional American upbringing has left you out of touch with those of us who grew up learning the traditions and work ethic of our predecessors.

You have never accepted the honor of military service, or held and survived in any sort of entry-level working position. You are bereft of many of the basic building blocks of a true American personality and worldview.

You have never experienced the icy hand of fear caressing your gut during a firefight when your very survival from second to second depends on your luck, wits, fellow troopers and the grace of God. You have never sweated out a payroll when your receivables are late.

You’ve missed the rewarding feeling of flogging a loaded truck all night to deliver a load 500 miles away at 7 a.m. You never shoveled cow manure for less than minimum wage to earn enough for a rattletrap car. You missed out on greasing dump trucks on the night shift, and never had the opportunity to start out cleaning restrooms and sweeping floors in a factory.

Your education was in the law, and you ignored any opportunity to absorb the lessons of history or the theories of economics. You have never experienced the law of the jungle in the private sector.

While you play golf and basketball and surround yourself with ”the swells” enjoying concerts in the People’s House, those of us in the general public dine on Spam and Costco burgers. I can’t put my wife on a 747 and send her to Spain so she can be ready to spend 10 days on Martha’s Vineyard when she gets back. She works seven days a week and so do I — spreading four full- and part-time jobs between us to make ends meet.

(My explanation: ”Let them eat cake” is the traditional translation of the French phrase ”Qu’ils mangent de la brioche”, supposedly said by a French princess upon learning that the peasants had no bread. As brioche is a luxury bread enriched with eggs and butter, it would reflect the princess’s obliviousness to the nature of a famine.)

I watch in pain while my business venture slides into oblivion and my small IRA erodes as your economic policies push the nation into a double-dip recession. This economy is locking up again, and you cannot blame former President Bush. The great construction jobs I created are ending while you pour trillions in borrowed money into the public sector to buy votes. I blame you personally for appointing the ship of fools you have as Cabinet officials and advisers.

You are repeating the gross mistakes of Japan in the ’90s and the Roosevelt administration in the ’30s — both of which failed and lengthened severe economic problems for a decade or more. You are intentionally smothering our private sector with regulations, taxes and mandates at the same time you squander the wages and futures of our children and grandkids.

I deplore your continued efforts to divide the greatest nation of immigrants in the world along race and class lines. Pandering to various groups and attempting to set them against other Americans is demagoguery at its worst. I sincerely hope such actions end up damaging you in the end and not our country.

You will leave office with a big pension, Secret Service protection and gold-plated health care for life. I may well end up with 40 years of hard work down the drain, living in a mobile home in the backwoods.

I do not resent you for your good fortune — you worked hard to become president and won the election fair and square. I do, however, despise your policies and the damage they are visiting on our nation, its economy and our future. I have dedicated my remaining years to fighting you and your policies and protecting our children’s futures.

I may well end up destroyed financially from the results of your misguided and dangerous actions — but you will never break me psychologically or crush my spirit. I am a Marine, I have a wonderful wife and family, and last but not least, I live in the greatest nation in the world. I shall work to my last breath to keep it that way, and you, sir, shall fail to destroy that dream.

• Howard, a Marine Corps veteran, University of Washington graduate and heavy-equipment supervisor for two decades, is now a developer with projects in Washington and Oregon.

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Climate Gate – All the manipulations and lies revealed 362

7 maj, 2010

90% of the European cap and trade is a fraud according to Europol.

Europol, the European criminal intelligence agency, announced that Emissions Trading System fraud had resulted in about 5 billion euros in lost revenues.

Europol said:

“In announcing the raids, the agency said that as much as 90% of Europe‘s carbon trades were the result of fraudulent activity.

”Carbon markets are highly susceptible to fraud, given their complexity and the fact that it’s not always clear what is being traded,” says Oscar Reyes of Carbon Trade Watch.”

This is the he system that Crime Ink wants to force on us, that puts all the burden on the common people and does nothing whatsoever for the environment.

This is a scam to enrich the corrupt.

THEN-PRESIDENTIAL CANIDATE BARACK OBAMA:

“Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket.”

See also my previous post: Climate Gate – All the manipulations and lies revealed 361

Europol announcement:

http://www.europol.europa.eu/index.asp?page=news&news=pr091209.htm

http://euobserver.com/22/29996

http://www.investors.com/NewsAndAnalysis/Article.aspx?id=532610

Europe‘s Carbon Mafia, And Ours

Posted 05/06/2010 07:18 PM ET

Corruption: The carbon trading system being pushed here has spawned crime and fraud across the pond. Cap-and-trade is not about saving the planet. It’s about money and power, and absolute power corrupting absolutely.

All across Europe authorities have been conducting raids, rounding up individuals involved in a new version of Climate-gate. This time the data aren’t corrupted. Europe‘s Emissions Trading System is. The system is so sick, it’s turned out to be a scam built upon a scam.

Twenty-five people have been arrested in raids by British and German authorities as part of a pan-European crackdown on carbon credit VAT tax fraud.

U.K. officials announced raids on 81 offices and homes, nabbing 13 people in England and eight in Scotland. The operation involved 450 investigators from Her Majesty’s Revenue and Customs office.

German authorities raided 230 locations, including the headquarters of Deutsche Bank in Frankfurt and the offices of RWE, one of the largest energy firms in Europe. The German operation involved 1,000 investigators targeting 50 companies and 150 suspects.

The amount of money involved in carbon trading is huge and the temptations vast. While our Congress demagogues about banks and their ”complex financial instruments,” they are simple compared to cap-and-trade, which as we have noted involves essentially the buying and selling of air. Throw in an oppressive value-added tax and you have a recipe for corruption and fraud.

Last December, Europol, the European criminal intelligence agency, announced that Emissions Trading System fraud had resulted in about 5 billion euros in lost revenues as Europe’s carbon traders schemed to avoid paying Europe’s VAT and pocket the difference. In announcing the raids, the agency said that as much as 90% of Europe‘s carbon trades were the result of fraudulent activity.

”Carbon markets are highly susceptible to fraud, given their complexity and the fact that it’s not always clear what is being traded,” says Oscar Reyes of Carbon Trade Watch.

Climate change has been found to be a fraud. Now the system to fight it has been. Yet it’s that system the administration and others want to establish here through cap-and-trade legislation such as Waxman-Markey and Kerry-Boxer.

As we also have noted, the mechanism for such phantom carbon trading here has already been established in the form of the Chicago Climate Exchange. The Joyce Foundation in 2000 and 2001 provided the seed money to start CCX when Barack Obama sat on its board.

CCX founder Richard Sandor estimates the climate trading market could be ”a $10 trillion dollar market.” It is an invitation to fraud that would make Europe‘s ETS scandal seem like petty theft.

In 2000, according to Joyce Foundation records, $347,600 was allocated to Northwestern University‘s Kellogg Graduate School of Management, where Sandor was a research professor, ”to design a Midwestern pilot program for the voluntary trading of carbon dioxide and other emissions that cause climate change.”

Now President Obama would make such carbon trading mandatory, limit total emissions and make carbon as valuable a commodity as booze during Prohibition.

The Joyce Foundation’s two grants totaled just over $1 million. CCX has proved very lucrative for Sandor, whose 8 million shares in the exchange has grown to more than $260 million even before a national cap-and-trade system like Europe‘s is established.

Al Gore, who recently increased his carbon footprint by spending $8.9 million on an oceanview villa near Santa Barbara, Calif., sitting on 1.5 acres with a swimming pool, spa, fountains, five bedrooms, nine bathrooms and no fewer than six fireplaces, is co-founder of Generation Investment Management LLP, the fifth largest shareholder in CCX.

The largest shareholder is, uh, Goldman Sachs. Other CCX founders include former Goldman Sachs partner David Blood, as well as Mark Ferguson and Peter Harris, also of Goldman Sachs. Presumably they know a lot about playing shell games with other people’s money.

What has happened in Europe is going to happen here and may already have begun. We, too, can save the earth for fun and profit.

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New post at the Daily Bayonet

7 maj, 2010

The Biggest Heist in American History – Cap and Trade 2

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Climate Gate – All the manipulations and lies revealed 361

2 maj, 2010

I have written extensible (over 100 of posts) about the scam called cap and trade, where BOTH BUYER AND SELLER BENEFITS FROM CHEATING. And we, as taxpayers and consumers pay the prise. It’s an open invitation to fraud and manipulation.

And recognize it for what it is – A GIANT FINANCIAL SCAM that puts all the burden on the common people and does nothing whatsoever for the environment.

The European model is a carnival of corruption, profiteering, speculation and multi-billion-dollar fraud. It’s done nothing to improve the environment while handing undeserved profits to big business and driving up the cost of energy to consumers.

Well here is the latest episode of “The Sopranos”, where Glenn Beck gives a very good overview of the people and politicians pushing the Cap and trade and the Chicago Climate Exchange (CCX), and their HUGE financial gains from this.

And these guys spends billions of $ of our tax money.

What they are really advocating is huge price increases in the cost of energy, meaning the cost of everything.

That’s it. That’s their plan.

Anything else they say is a lie.

This is a scam to enrich the corrupt.

THEN-PRESIDENTIAL CANIDATE BARACK OBAMA:

“Under my plan of a cap-and-trade system, electricity rates would necessarily skyrocket.”

Läs även andra bloggares åsikter om <a href=”http://bloggar.se/om/milj%F6” rel=”tag”>miljö</a>, <a href=” http://bloggar.se/om/yttrandefrihet” rel=”tag”>yttrandefrihet</a>, <a href=”http://bloggar.se/om/fri-+och+r%E4ttigheter” rel=”tag”>fri- och rättigheter</a>, Läs även andra bloggares åsikter om <a href=” http://bloggar.se/om/USA” rel=”tag”>USA</a>


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