Some less than surprising news out regarding the ‘Carbon Credit’ scam in Europe. It seems that it has been found to be heavily controlled by organized crime - imagine that.
[quote]Organized Crime in Charge of Carbon Trade in Europe - Europol says
First, there was Climate Gate – the scandal with hacked emails suggesting scientists have abused data for research on global warming. Now, another international climate scandal is emerging that may have an impact on the talks in Copenhagen.
Europe’s top police body Europol, the closest thing that European Union has to the American FBI, has exposed a massive fraud with the unions official market in carbon credits, the Emission Trading System.
The fraud is costing tax payers in a handful of European countries more than five billion euro – 7 billion dollars – and raises doubts about the effectiveness of carbon trading as a measure to curb emissions.
Europol director Rob Wainwright issued the following statement:
These criminal activities endanger the credibility of the European Union Emission Trading System and lead to the loss of significant tax revenue for governments.
Police authorities in Belgium, Denmark, France, the Netherlands, Spain and the United Kingdom have worked together in what Europol calls a process to identify and disrupt the organized criminal structures behind these fraud schemes…more at linky[/quote]
Explained via graphics:
Algore, the multi-millionaire carbon credits poster- boy, remains unavailable for comment at this time.
Of course, those savy industrial investors who joined up w/AJ & I in our CC venture need have no such fears. We remain incorruptible.