10-state group meets today to force 'carbon offset' pyramid schemes

Lehman Brothers served as a model for global warming scams. Their London based carbon desk is now defunct. While a stammering billionaire, Hank Paulson, removes $1 trillion from the backs of wage slaves, the 'climate change' carbon offsets pyramids seek heights sub-prime mortgages only dreamed of. MLB of course has appropriated a portion of the fan dollar and experience into some of these feel-good scams (posted on this blog).

• (From The American Thinker): "Nonetheless, the (10 state) New York-based Regional Greenhouse Gas Initiative launches today, striving to freeze CO2 emissions through 2014 and then gradually reduce them to 10 percent below current levels by 2018. How? By setting steadily declining annual caps on the tonnage of carbon a utility may legally exhaust into the atmosphere and
• forcing those that cannot comply to "purchase" allowances at auction from those that can. Auction proceeds will then, at least in theory, be invested in low-carbon energy solutions such as solar and wind, which would gradually replace fossil-based generators.

• Violators may also opt to pay off a portion of their carbon "debt" by purchasing
• approved offsets to mitigate their pollution, such as sequestration of carbon through afforestation or landfill methane capture and destruction.

These offsets are perhaps the most comical component of carbon mitigation, as calculating each value implies an understanding of the same chaotic climate feedback mechanisms that even the world's leading climate modelers have thus far found elusive...

• And even for those more fortunate, blackouts are becoming more prevalent as EU anti-pollution directives demanding one third of all electricity be generated from wind turbines and other renewables by 2020,

• corrupt carbon exchanges, and austere green taxes are destroying the country's ability to meet energy demands.

Eight of nine nuclear plants - which supply 20 percent of the country's electricity - are soon to be taken off line. And nine coal and oil-fired plants - contributing an additional 20 percent - are being decommissioned in favor of untried renewable sources such as wind and tide power.

• Add to this mess the fact that an uncertain green tax future is causing companies to flee the island in droves -- according to a September 4th IHT piece, "in the past week alone, three British companies have announced plans to move their head office abroad before the end of the year" --

• and reaction to the non-crisis threatens the country's very existence.

And all for naught -- while England met its Kyoto goals by 1998, emissions levels began to rise the very next year. And 2005's were the highest since the country signed the treaty in 1997. This reality has many environmental groups, including Greenpeace, fighting hard to force further hardships upon the already suffering country....

"...Why now?"...

• Evidence continues to mount that natural variations in climate dynamics -- particularly solar activity and sea surface temperatures --

are primarily if not wholly responsible for global temperature anomalies. In fact, the absence of warming since 1998 and the current atypically sustained period of dormant solar activity have

• many researchers predicting another minor ice age may be looming - or already upon us....

Meanwhile, the hysteria to blame and control manmade Carbon emissions is essentially born of 2 parents:

• Theoretical mathematical computer simulations, which attempt to predict the complex interactions of unlimited climate feedback factors (cloud formation, oceans, trees, polar ice cap reflection, convection, etc) which might magnify or dampen the greenhouse gas effect on Earth's temperatures. Even were all of the physics understood, anticipating all possible interactions is currently beyond our scope, which is why General Circulation Model predictions (sea level variance, temperature anomalies, sea ice extent, etc.) have consistently failed to match physical observations.

• A disproven millennial-scale record based on improper calculations and often erroneous climate proxies (the MBH98 reconstruction aka the "hockey stick graph") which diminished the extent of the "Little Ice Age" (1500-1850) and totally omitted the Medieval Warm Period (800-1300). Heavily relied upon by
• both the IPCC and opportunists the likes of Al Gore, it continues to be cited as proof of AGW. This despite intentionally misrepresenting late 20^th century warming as unprecedented and obscuring the undeniable correlation between the Maunder (Sunspot) Minimum and the Little Ice Age."...via Lucianne.com

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