Joobo the King of Wisdom

The Leftwing Guardian Lets the Cat Out of The Bag: The Kyoto Protocols and "Carbon Saving" is a Fraud

The Guardian, the leftwing rag in London, England, has done what few other newspapers in the entire world have seen fit to do: they expose the absolute fraud that is "carbon trading," allegedly used by the Left to make the sucking sound of economies going down because of the lies of global warming make less of a horrible scream.

The Climate Nazis exposed by one of their own. We like the sound of that.

Truth about Kyoto: huge profits, little carbon saved

In autumn 2005, three journalists working for the environmental group the Centre for Science and Environment decided to investigate some of the Indian projects which were trying to break into the lucrative new business of carbon trading.

They started looking at four schemes in Andhra Pradesh which were trying to convert biomass - dead plants, animal dung - into fuel. They studied the formal reports which the schemes had commissioned from a UK company, Ernst and Young, to satisfy the demanding requirements of the UN's Clean Development Mechanism. And they noticed a very odd thing.

Each of the four Ernst and Young reports had had to consult people near the proposed schemes to ensure that there was no risk to the local economy or environment. One report quoted three different community leaders, each expressing enthusiastic approval for the project and concluded: "Poor farmers are getting reasonable monitory gains for harvesting the available biomass and supplying it to project activity."

What was odd that with two of the other schemes, each many miles from the other, Ernst and Young quoted three sources who had the same job descriptions, the same opinions, summarised in precisely the same words which even included the same spelling mistakes (Secretry, monitory). In the fourth case, the wording was slightly different, but the opinions were the same, and it too concluded that "poor farmers are getting reasonable monitory gains etc."

The three journalists wrote up their conclusions in the group's magazine, Down to Earth, and made it clear that they were accusing Ernst and Young of simply cutting and pasting the same material into four supposedly separate and independent reports. Ernst and Young said there was nothing wrong: the local people in all four places happened to have said very similar things in response to a standard set of questions. But the environmental journalists were concerned enough to write to the executive board of the Clean Development Mechanism, offering further information. The CDM board never even acknowledged their letter.

The CDM is one of two global markets which have been set up in the wake of the Kyoto climate summit in 1997. Both finally started work in January 2005. Although both were launched with the claim that they would reduce greenhouse gases in the atmosphere, evidence collected by the Guardian suggests that thus far, both markets have earned fortunes for speculators and for some of the companies which produce most greenhouse gases and yet, through a combination of teething troubles and multiple forms of malpractice and possibly fraud, they have delivered little or no benefit for the environment.

Fraud. Manipulation. Lies. Malpractice.

Yep - that's what liberals bring. Bullshit in a nice neat package.