Fraud on a scam–the scam is carbon trading–the fraud is false carbon credits

Not hard to imagine, is it–the whole thing is a scam–why not some cheating?

http://www.foxnews.com/world/2015/09/08/un-climate-change-body-suffers-mammoth-european-carbon-fraud/?intcmp=hplnws

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2 responses to “Fraud on a scam–the scam is carbon trading–the fraud is false carbon credits

  1. Carbon trading is one odd business wherein both the buyer and seller of the credits come out ahead if they cheat the system. More carbon credits reduce their prices and while the credit seller gets paid for the (alleged) mitigation performed. The loser is the organizer of the ETS. We know from experience if buyers could choose to purchase carbon credits rather than be forced to, nothing would sell. My question regarding carbon credits is then, who would you prefer to see put out of business, the buyer, seller or administrator of the system?

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