Who Saw This Coming?: Organized Crime Involved In The European “Carbon Credit” Business
As if the whole carbon credit thing wasn’t a scam to start with, we now have a report that organized crime has indeed recognized the scam worthy potential of the, er, scam:
The European Union’s flagship cap-and-trade carbon credit trading system is plagued by massive fraud and is effectively under the control of organized crime, according to a December 9 statement issued by European police. Europol, an EU-wide criminal intelligence agency similar to the U.S. Federal Bureau of Investigation, says bogus trading at the EU’s Emission Trading Scheme (ETS) has exceeded €5 billion (U.S.$7 billion) over the past 18 months alone.Europol says that in some EU countries, up to 90 percent of the entire market volume is fraudulent.
So….90% of the phony carbon credit market is - fraudulent? Who would have thunk it? Scammers being scammed. But how, you ask, can someone dupe the carbon credit buying public any further than they’ve already been duped by buying carbon credits that in reality won’t do a damn thing to offset jack squat and has no real impact on anything but their wallets?
By establishing phony companies, selling phony credits, and charging the European Value Added Tax (an idea much touted by the leeches royalty elitists Pelosis in our ruling class as a potential answer to the fact that the federal government doesn’t get all of our money - yet), and then pocketing the money from both the worthless carbon credit they sold and the Value Added Tax they collect, that’s how.
Their dishonesty and greed would do credit to the Congress of the United States.
By the way, I want a refund. Seriously. I live on ten acres in south Louisiana that is covered with lush, sub-tropical forest and vegetation that is busily consuming mass quantities of CO2 even as we speak and pumping huge amounts of oxygen into the atmosphere. The way I have it figured, there is no way my meager carbon footprint can touch that no matter irresponsible I try to be.
So….someone owes me some money.
Seriously. If people can be charged for a “footprint” that is supposedly having a negative impact on Mother Earth, then why shouldn’t I be due a refund if I’m having a positive impact?
I want my money. Where do I apply?
