Nov 05 2009

Friends of Earth are not Friends of Cap and Trade

Published by Editor at 10:51 am under General

With friends like these…

The world’s carbon trading markets growing complexity threatens another “sub-prime” style financial crisis that could again destabilise the global economy, campaigners warn today.

In a new report, Friends of the Earth says that to date “cap and trade” carbon markets have done almost nothing to reduce emissions but have been plagued by inefficiency and corruption that render them unfit for purpose.

4 responses so far

4 Responses to “Friends of Earth are not Friends of Cap and Trade”

  1. # NikFromNYCon 07 Nov 2009 at 2:01 pm

    So even the authentic environmentalists have figured out that the GOAL of cap-and-trade is not carbon reduction in the atmosphere but money making. Well, I say to *both* fake and authentic environmentalists that if you really believe CO2 is a death blow to the environment then why don’t you actively support a massive nuclear power initiative? Ah, since *both* have an ulterior motive! One is a capitalistic/fascistic one and another is a socialist one. But socialism loses since nobody can make a lot of money very quickly by mere conservation and population control.

    Both have failed to debate about actual temperature records and so both are losing the fight since anybody can see that recent warming is nothing new:

    http://tinyurl.com/centralengland

  2. # BillSoCalon 08 Nov 2009 at 12:22 am

    Another scam presented to the public by the Democratic party and Al Gore.
    Remember the Al Gore was Vice President under Slick Willy. The Democrats were the main cause of the subprime bust and here is another one to bust. Our country and the world are screwed bigtime.

  3. # Ron de Haanon 08 Nov 2009 at 3:11 am

    Well, she is right about cap & trade but wrong about emissions reduction.
    Emissions reductions will induce a permanent crises and does not solve any problem because there is none.

    Our climate is ok and you better enjoy it.

  4. # Glennon 10 Nov 2009 at 7:48 am

    As far as climate change goes, God created the universe and God operates the whole system. We are too inadequate to effect any changes in what he has designed. He will change it has fits his design.

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