EU emissions trading nonsense may actually be speeding up global warming (Al Gore, Brown)

[KUchief25]

Well if you actually believe in the nonsense of global warming. When will the grownups put an end to all this ignorance?? I guess when it all crashes and burns which it appears to be doing at a rapid pace right now. Thank the republicans we didn't enter this cap and trade insanity here.

"With the certificates so cheap, generating power from environmentally harmful fuels becomes even more of a good deal than usual -- which explains why brown coal consumption increased by nearly 4 percent in 2011, bucking the general trend. Even more paradoxical, CO2 prices are so low partly because of the billions Germany spends on renewable energy. This decreases the demand, and with it the price, for emissions certificates. That in turn allows coal, a notorious danger to the climate, to be more competitive. In other words, emissions trading isn't stopping climate change, but actually speeding it up."


Hot Air: The EU's*Emissions Trading System Isn't Working - SPIEGEL ONLINE - News - International

[steven_h]

Here's another great article worth reading on the 10 myths of global warming:

TEN MYTHS of Global Warming - Global Warming Hysteria


I'd point out myth 6:

The UN proved that man–made CO2 causes global warming.
FACT: In a 1996 report by the UN on global warming, two statements were deleted from the final draft. Here they are:
1) “None of the studies cited above has shown clear evidence that we can attribute the observed climate changes to increases in greenhouse gases.”
2) “No study to date has positively attributed all or part of the climate change to man–made causes”
To the present day there is still no scientific proof that man-made CO2 causes significant global warming.

Originally Posted by KUchief25

Even more paradoxical, CO2 prices are so low partly because of the billions Germany spends on renewable energy. This decreases the demand, and with it the price, for emissions certificates. That in turn allows coal, a notorious danger to the climate, to be more competitive. In other words, emissions trading isn't stopping climate change, but actually speeding it up."

They have to prove first that CO2 actually creates global warming in order to prove that carbon credits are actually speeding GW up. This leaves the entire premise of carbon credits nothing more than a scam to further pick the pockets of the middle class, while lining the pockets of the uber wealthy. I'm sure Al Gore laughs every time he flicks on those massive air conditioners in his mansion.