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The Climate Con Game.....

Posted by HiFi Guy on July 4, 2011 at 06:47:03:
>>>>In March, German investigators reported that 850 million euros disappeared when shady companies swarmed into carbon trading, emissions and energy businesses.Criminal enterprises raked in tens of millions, fended off regulators with delaying tactics and then announced bankruptcy or vanished. An Italian sting operation resulted in arrests of wind-farm developers who billed the country for subsidies but never produced a kilowatt of electricity.

London's liberal Guardian newspaper was aghast to learn that the World Bank's Biocarbon Fund had arranged to pay European "entrepreneurs" $1 million to establish a system under which 60,000 Kenyans would restrict themselves to farming under rigidly controlled, inefficient, "sustainable" techniques. For that they will receive $1.4 million over 20 years.<<<