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Behind the scenes, large financial houses are moving in stealthily. In 2008, carbon trading worldwide reached $126 billion and is projected to grow to become a $2-$10 trillion dollar market, or “The largest commodity traded world wide”. The largest. That’s bigger than oil, coal, gas, or iron.
Banks want us to trade carbon
9.5 out of 10 based on 6 ratings […]
Since 1989 the US government has given nearly $80 billion dollars to the climate change industry. 9.3 out of 10 based on 4 ratings […]
Finally, Part II in the Skeptics Handbook series – the bluster and bluff, the deceit, and the money. Enjoy & Share.
It’s unthinkable. Big Government has spent $79 billion on the climate industry, 3000 times more than Big Oil. Leading climate scientists won’t debate in public and won’t provide their data. What do they hide? When faced with freedom-of-information requests they say they’ve “lost” the original global temperature records. Thousands of scientists are rising in protest against the scare campaign. Meanwhile $126 billion turned over in carbon markets in 2008 and bankers get set to make billions.
7.6 out of 10 based on 8 ratings […]
Hopes for carbon hub in jeopardy
The Australian – Full story here. Note who is protesting at the slow delivery of an ETS….
AUSTRALIA’S ambitions to establish itself as an Asian carbon trading hub risk being dashed because of delays in the emissions trading scheme….
This was the assessment of bankers, lawyers and investors yesterday at the second Carbon Markets Expo on the Gold Coast. The expo has experienced a sharp decline in delegates this year, with numbers down from 1200 in its inaugural year to 750…
“As much as people talk about Australia creating a new carbon finance hub, I don’t think it will happen,” said Optim Legal’s Cameron Kelly, a lawyer specialising in carbon markets and credits. “If the CPRS does not get up, we’ll miss the boat.”
So a lawyer is afraid we’ll miss the boat. Which boat? That would be the boat-full of money from Australian workers that’s headed for major international banks, right?
(Isn’t that the kind of boat we would want to catch, but with a tactical nuclear sub and an armed SWAT team?)
10 out of 10 based on 2 ratings […]
After two years of distilling this down, it’s come to me that it only takes six words:
Banks want us to trade carbon
…
Banks want us to trade carbon.
Years from now historians will write about gullible leaders who go down in history as the ones who sold their nations to Goldman Sachs. Fools who thought they might look important trying to save the planet, but who instead were negligent, ignoring the science and slavishly committing their productive workers to pay tribute to a parasitic layer of financial houses.
Just as Woodrow Wilson came to bitterly regret setting up the US Federal Reserve. Josiah Stamp (1880-1941, Director of the Bank of England) warned us.
10 out of 10 based on 2 ratings […]
There are people out there who manufacture money from nothing. Literally. The rest of the world has to earn it, but some are in it from the start–where money is created from the ether.
Banking is not a secret but no one tells you how it works… it’s hard to get your head around it, but if everyone understood, some aspects would be outlawed tomorrow (just like they used to be).
Greens and bankers make strange bedfellows. The bankers know where the Greens are coming from, but the Greens need to find out why bankers, “the paper aristocracy”, are so keen to save the planet. It’s an unholy alliance.
10 out of 10 based on 2 ratings […]
Climate Money is poised to rocket—creating even larger pools of vested interests. Once it starts, how could we unwind trillions of trading rights?
Say hello to the real new force in climate science—banks.
The Shadow of Stratospheric Climate Money. Far north South Australia, Aug 2009.
First Up. Governments Up the Ante.
In the 2008-2009 financial year, Bush threw billions on the table with financial rescues and tax credits, only to be wildly outdone by Obama.
The new funding provisions made since the financial emergency of Sept 2008 are not included in the previous table of climate funds that amounted to $79 billion (so far). It’s difficult to assign the rescue package figures into strict financial years—yet the new numbers are titanic, and step right out of the scales drawn on the past funding graphs.
10 out of 10 based on 8 ratings […]
The Exxon “Blame-Game” is a Distracting Side Show
Much media attention has relentlessly focused on the influence of “Big Oil”—but the numbers don’t add up. Exxon Mobil is still vilified1 for giving around 23 million dollars, spread over roughly ten years, to skeptics of the enhanced greenhouse effect. It amounts to about $2 million a year, compared to the US government input of well over $2 billion a year. The entire total funds supplied from Exxon amounts to less than one five-thousandth of the value of carbon trading in just the single year of 2008.
Apparently Exxon was heavily “distorting the debate” with a mere 0.8% of what the US government spent on the climate industry each year at the time. (If so, it’s just another devastating admission of how effective government funding really is.)
As an example for comparison, nearly three times the amount Exxon has put in was awarded to the Big Sky sequestration project2 to store just 0.1% of the annual carbon-dioxide output3 of the United States of America in a hole in the ground. The Australian government matched five years of Exxon funding with just one feel-good advertising campaign4 , “Think Climate. Think Change.” (but […]
The scientific process has become distorted. One side of a theory receives billions, but the other side is so poorly funded that auditing of that research is left as a community service project for people with expert skills, a thick skin and a passionate interest. A kind of “Adopt an Error” approach.
Can science survive the vice-like grip of politics and finance?
Despite the billions of dollars in funding, outrageous mistakes have been made. One howler in particular, rewrote history and then persisted for years before one dedicated fact checker, working for free, exposed the fraud about the Hockey Stick Graph. Meanwhile agencies like the Goddard Institute of Space Studies, can’t afford to install temperature sensors to meet its own guidelines, because the workers are poorly trained and equipped to dig trenches only with garden trowels and shovels. NOAA “adjust” the data after the fact—apparently to compensate for sensors which are too close to air conditioners or car parks, yet it begs the question: If the climate is the biggest problem we face; if billions of dollars are needed, why can’t we install thermometers properly?
10 out of 10 based on 7 […]
Billions for “the climate” but nothing left for audits?
It’s the most “important crisis” on Earth today, and we must rely on the science, yet it’s not quite important enough for anyone to independently double check those results. And just in case you think that the peer review process does that double checking, think again. Most papers are reviewed by only two or three colleagues who may be hoping to prove the same “theory” as the authors (so not especially keen to find holes in it), and who are unpaid and anonymous. (The saying “you get what you pay for” comes to mind. We pay to find a crisis, and we don’t pay to check the results.)
The best examples of unpaid auditing are the work of independent scientists Steve McIntyre, and Anthony Watts. The irony is that skilled workers are providing a pro bono service, normally a service to help those who can’t afford it, but in this case, to assist the largest single financial entity on the planet.
Steve McIntyre and the misleading “Hockey Stick” graph
Steve McIntyre was trained in mathematics and worked in mineral exploration for 30 years (and despite claims to the contrary has never […]
Climate Money
The Climate Industry: $79 billion so far – Trillions to come
For the first time, the numbers from government documents have been compiled in one place. It’s time to start talking of “Monopolistic Science”. It’s time to expose the lie that those who claim “to save the planet” are the underdogs. And it’s time to get serious about auditing science, especially when it comes to pronouncements that are used to justify giant government programs and massive movements of money. Who audits the IPCC?
The Summary The US government has provided over $79 billion since 1989 on policies related to climate change, including science and technology research, foreign aid, and tax breaks. Despite the billions: “audits” of the science are left to unpaid volunteers. A dedicated but largely uncoordinated grassroots movement of scientists has sprung up around the globe to test the integrity of the theory and compete with a well funded highly organized climate monopoly. They have exposed major errors. Carbon trading worldwide reached $126 billion in 2008. Banks are calling for more carbon-trading. And experts are predicting the carbon market will reach $2 – $10 trillion making carbon the largest single […]
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JoNova A science presenter, writer, speaker & former TV host; author of The Skeptic's Handbook (over 200,000 copies distributed & available in 15 languages).
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The nerds have the numbers on precious metals investments on the ASX
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