Durban and the Carbon Slush Funds
11/27/2011 Leave a comment
Misguided political leaders, fraudulent climate scientists, global warming activists, lobbyists, and hopefully a few real climate scientist to hold these crooks feet to the fire, will be meeting in Durban, South Africa on Monday, all in an effort to squeeze more money out of the wealth nations for the UN’s carbon slush funds. The climate change grant whores will all be there with their hands out.
Swiss banking giant UBS has calculated the costs of the European emission ponzi scheme. It’s being said that the European consumers have only paid $287 billion for the existence of the scheme; the impact of the scheme was zero. Well, more precisely, it was negative: in the most recent year, the annual production of the greenhouse gases has jumped by the greatest amount yet. (I don’t even have to discuss that any drop, if real, would have no detectable impact on the climate, and even if the influence became slightly detectable sometimes in the future, the influence would be negative.) If you extended the fees from the European Union to the whole world economy, the mankind would have paid something over $2 trillion so far.
Those $287 billion is less than a third of a trillion of dollars so it hasn’t killed the Old Continent so far. Still, for this money that’s been completely wasted, one could pay most of the giant Greek debt. Alternatively, every single inhabitant of the EU (including babies) could have received an iPad or something along these lines. Imagine what you could do with this particular investment – or hundreds of others. Instead, we have failed to stop the global warming bigots and crooks so all we got are worthless carbon permits. The markets with them is expected to collapse and be phased out in 2012. Let’s hope that we will be able to deal with the criminals who have co-created this outrageous wasteful framework to share the fate of their invention.
You can read the rest of the post HERE.
If going green to reduce CO2 cost he liberal bastion of the EU $284 billion what is it going to cost the citizens of California when CARB continues to push AB-32, The Global Warming Solution Act of 2006 on us? The EU efforts were a huge failure, at a great cost to their economy. What makes CARB think that their efforts in California will have a different outcome? Oh, it is all about the slush fund, California politicians want their own carbon slush fund. How nice to know that, it is not about saving the planet, it is about carbon slush funds.