Cap and trade shakedown already enacted in 10 northeast states
- Unbeknown to the average American carbon shakedown artists and legal teams swept through and enacted cap and trade scams in 10 states:
March 1 (Bloomberg) -- "The U.S. carbon market is worth $2.7 billion, environmental market analysis firm Point Carbon said.
- That is less than 3 percent of the total value of carbon- dioxide permits in the European Union’s cap-and-trade program....
Most of the U.S. value is tied to a 10-state cap-and-trade program for power plants in the nation’s Northeast called the
the Oslo-based company said today in a statement. Besides the carbon dioxide permits from the Northeast’s program,
- $74 million in so-called offsets were traded last year, Point Carbon said.
Offsets are emission reductions from sources such as landfills and dairy farms that are used to cancel out pollution increases at industrial sources like power plants and factories."
- "US carbon market worth $2.7 billion, analyst says," 3/1/10 by Simon Lomax ***