Carbon trading $118 billion in 2008--why they won't admit global warming is a fraud

• SI cover, March 2007. An unfortunate propaganda piece using players and fans of baseball.

LONDON, Jan 8 (Reuters) - "The global carbon market was worth around $118 billion in 2008, rising 84 percent from the previous year due to higher trading volumes and prices, research group New Carbon Finance said.

• The market's value should swell to $150 billion in 2009, in spite of the gloomy backdrop of a global recession,...

New Carbon Finance forecast moderate growth in the EUA market in 2009, but increased liquidity in secondary certified emissions reductions (CERs), carbon offsets under Kyoto's clean development mechanism (CDM) which are directly linked to investments in clean energy projects....

• "The future of the CDM also looks more secure following the international negotiations in Poznan in December 2008...

• New Carbon Finance based its forecasts on future price predictions and permit allocations in the European, North American, Australian carbon markets as well as project-based markets such as

• spot trades,

• swaps,

• options and

• futures."...

*GLOBAL WARMING IS A $100 BILLION+ STOCK SCHEME. GUESS WHO THEIR 'INDEPENDENT' VERIFIER IS? BERNIE MADOFF'S OLD DIGS, THE NASDAQ:

• "...a legally binding compliance regime including independent standardized third party verification,
• provided by NASD."

NASDAQ'S ONE TIME PRESIDENT BERNIE MADOFF RECENTLY ADMITTED SWINDLING $50 BILLION.

• Carbon trading in the US is an adjunct of a publicly traded London based company meaning it's subject to every kind of speculator and crook. It helps no polar bears.

"Chicago Climate Exchange, Inc. (CCX) is the world’s first and North America’s only

• legally binding rules-based greenhouse gas emissions allowance trading system, as well as

• the world’s only global system for emissions trading based on all six greenhouse gases....

CCX is a wholly owned subsidiary of Climate Exchange Plc,

• a public stock company listed on the AIM Market of

• the London Stock Exchange. Climate Exchange Plc also owns the

• European Climate Exchange,

• Europe’s leading CO2 emissions exchange."..

"Dow Jones CCX Emissions Indexes: TRACKING AND TRADING IN THE BURGEONING 'CLIMATE INDUSTRY'"

• Major League Baseball somehow fell for all this and needs to get out as soon as possible. People who think they can outsmart the sun are extremely dangerous. (sm)

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