Multi-billion euro carbon-trading fraud trial opens in Paris

Australia is about to enter campaign for national election later this year.
Two main choices – ALP and Lib/Nat coalition. Both leaders Sorten (ALP) and Turnbull (Lib/Nats) are captured by the CAGW scam and wish an ETS or other form of Carbon Tax scheme/scam, though they deny for political purposes, as the ‘Carbon Tax’ has proven to be election poison in the past. (e.g. Julia Gillard (ALP) “there will be no carbon tax under the Government I lead” – Lie)

“We learn from history that we learn nothing from history.”
George Bernard Shaw

Tallbloke's Talkshop

carboncreditcertificateFrom France24.com H/T Alan Poirier.

The trial of 12 people accused of involvement in a multi-billion euro carbon-trading fraud opened in Paris on Monday, in a case that has been described by French authorities as “the heist of a century”.

Shady deals, offshore accounts, money laundering… The trial has all the hallmarks of a crime thriller and comes nearly seven years after French authorities cracked down on a carbon-trading scheme that cost the European Union €5 billion – including €1.6 billion in France – according to Europol.

The case dates back to October 2008, around the same time the European Commission introduced phase two of its EU emissions trading system (EU ETS), which was designed to combat climate change by reducing greenhouse gases.

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One Comment on “Multi-billion euro carbon-trading fraud trial opens in Paris”

  1. chaamjamal says:

    the price of carbon is zero until it can be shown that fossil fuel emissions cause warming.

    the empirical evidence for the attribution of rising atmospheric CO2 since the Industrial Revolution to fossil fuel emissions is a correlation between cumulative emissions and cumulative changes in atmospheric CO2; and the empirical evidence for the attribution of warming to fossil fuel emissions is a correlation between cumulative emissions and cumulative warming. thus, empirical evidence of AGW rests entirely on correlations between cumulative values. the problem is that correlations between cumulative values are spurious. please see

    http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2725743

    Liked by 1 person


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