Monday, December 21, 2009

Big Carbon

Over at EU Referendum, Richard North started off by examining the multiplicity of connections enjoyed by the head of the IPCC—an Indian millionaire businessman (not a scientist) named Rajenda Kumar Pauchauri. And he really does have an awful lot of fingers in an awful lot of pies.

See All Roads Lead To Pauchauri, A Busy Man and Global Warming: An Economic War...

Then Richard started to detail the huge market created by the Kyoto Treaty—the trade in Carbon Credits. And as Richard has pointed out, this market is now pretty huge and Copenhagen was not about saving the planet—it was about saving the carbon market.
In 2012 the Kyoto treaty falls, and with it the mechanisms which underpin carbon trading. Unless the protocols are renewed, a multi-billion dollar industry falls apart – the money tree is under threat.

And, as Open Europe reports today, we are talking about seriously big money. The volume of carbon trading across the globe has increased dramatically in recent years. According to the World Bank, the value of the ETS market increased from $49 billion to $91 billion between 2007 and 2008.

Just in European terms, the European Climate Exchange (ECX) and Bluenext accounted for 92 percent of exchange-traded EU carbon permits and so far in 2009, the value of the carbon permits traded through both exchanges is €85,304,050,227—or €364,547,223 a day.

This, however, pales into insignificance when the global market is estimated to be worth anything from $1-2 trillion by 2020. With such huge sums at risk—trading in the ultimate non-product—it is easy to see why such enormous effort is being expended to elevate the global warming hype. Without the support of the belief system which fuels the whole racket, this vast ponzi scheme will come crashing down.

The irony of it all is that, as James Hansen himself agrees, this money-making racket will have no overall effect on emission levels. But then, it is not intended to. This is a money-making scam on a colossal scale, a confidence trick perpetrated in plain sight, giving endless opportunities to rip-off the public.

For more on Big Carbon, see Big Carbon, A Vast Nexus of Influence, Controlling the Money, Protecting Big Carbon and How To Get Rich

As Bishop Hill points out, Richard also has two articles in the MSM today.
In the Telegraph, he and Christopher Booker look at how IPCC boss Rajendra Pachauri has reaped vast sums of money from his involvement in the trade in carbon credits:
What has also almost entirely escaped attention, however, is how Dr Pachauri has established an astonishing worldwide portfolio of business interests with bodies which have been investing billions of dollars in organisations dependent on the IPCC’s policy recommendations.

These outfits include banks, oil and energy companies and investment funds heavily involved in ‘carbon trading’ and ‘sustainable technologies’, which together make up the fastest-growing commodity market in the world, estimated soon to be worth trillions of dollars a year.

The Mail meanwhile, has completely messed up, attributing the story to a completely different Richard North, and printing the wrong photo alongside the article to boot. The story though is a good one, looking at the big picture of how Copenhagen was a victory for the money-men, retaining the lucrative trade in carbon credits.
Forget 'Big Oil'—this is 'Big Carbon' making the most of a 'business opportunity' that was created by the first climate treaty at Kyoto in 1997.

The frenzied negotiations we have just seen were never about 'saving the planet'. They were always about money. At stake was this new 'climate change industry' which last year ripped off £129billion from the global economy and is heading for that trillion-pound bonanza by 2020—but only if the key parts of the Kyoto treaty could be renewed.

There are colossal amounts of money at stake here—and the big corporates (including the oil companies) have gleefully piled in. This is not about the science—and, indeed, it has not been about the science for some years now: the anthropogenic climate change myth is big business.

Even had Richard not done some sterling research into this, it would anyway have become obvious once Tony Blair—the ultimate corporate shill—came out with this gem:
“It is said that the science around climate change is not as certain as its proponents allege. It doesn’t need to be..."

No, because it is about the money, not the science. We're all about to be fucked by the hellish combination of big government and big corporations: prepare to be shafted.

At this point, it would be well to remind ourselves of another part of the Jackart post referenced earlier. [Emphasis mine.]
Nor is libertarianism mere shilling for big business. Tight regulation of businesses favour only big corporations whose bureaucracies can cope with the slew of bumf needed to comply with regulations. This prevents competition from smaller, nimbler businesses, and turns big business into an arm of the state. Entrepreneurs are discouraged or bought out. The worker is crushed by an oppressive force less violent but less tolerant of dissent than the state. The corporation is a creature of the big state.

And the state is getting bigger—big enough to fill the world. Indeed, I have expressed my disquiet over the increasing collaboration between governments before.
You see, what I saw—reading between the lines of the manufactured disagreements and media-interpreted problems—was a bunch of people with the same hideous agenda: reform of economies in a model of their choosing.

And I saw a bunch of politicians, all of whom were representatives of socialism—whether that be the soft Communism of the Chinese or the "social democracy" of Brown—coming together with the conversation starting with "a conspiracy against the public". All were advocating the same basic ideas, the same consensus—and you know how keen I am on consensus.
...

We who are libertarians, who want to be left alone, are being conspired against and soon, no matter how rich you are, there will be no place of escape for the G20 socialist monsters will control all the civilised world.

Even the other countries will be off-limits, for the democratic socialists of the West have already bought their loyalty and obedience with bribes masquerading as "aid".

Such favours, direct funding and tax breaks have already bought the Third Sector and the mainstream media. The blogs remain, but will soon be regulated out of existence.

Meetings such as Copenhagen simply illustrate how big government and big business are conspiring against us, the general public, to ensure that there is no place of escape—to make sure that World Government comes about.

Thankfully, our politicians are so inept and so corrupt that they have made a fuck-up of Copenhagen—saving only their precious carbon credits so far. But there will be more to come.

And as the noose tightens, there will be fewer and fewer places to go. And, right now, the only way to ensure a relatively comfortable life is to carry a big bottle of lube, to mitigate the pain of the inevitable arse-rapings you are about to receive with increasing frequency.

5 comments:

Mr Ecks said...

Worrying to some degree. However, if the rotten power-seeking scum of the Earth could "pal" up that easily then the Romans would have done a deal with the Sassinids and Han (Tang?) dynasty China and we would have had limitless tyranny for 2000 years already. Cash gives 'em some incentive to deal but by and large these fuckers won't be able to agree on the time for very long.This is the high water mark of Socialist shite. It is downhill all the way for them from now on.

Merry Christmas to you and your Missus you Godless bastard.

Dave said...

The old saying "follow the money" rings true. I wondered why the great and greedy were making such a fuss about people they'd prefer to see dead. It's about money. it's always about money.

Max the Impaler said...

I wonder which Machiavellian fuck at Enron conceived 'carbon trading.'To invent, and then try to implement a license 'to live' is truely satanic in its concept.Our government should be protecting us from these people,not jumping on the bandwagon to tax us into oblivion.What the fuck is wrong with people that they are so easily led towards self destruction.

Dave said...

What's happened to the article on EUreferendum? has it been pulled?

Unsworth said...

Re Jackart's view: Galbraith would have it that, far from being an Arm of State, big business (the multinationals) is/are the controller/s of State.

I tend to agree. Most recent 'events' arise from purely commercial decisions.