Sunday, October 2, 2011

Presidential candidate admits speaking out against global warming fraud takes bravery, says he's 'not afraid.' But how will the mob take this?

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Organized crime is making a fortune in the 'climate' game so it does take bravery to be a public figure and speak against what's also the biggest profit center in European investment banks.

10/1/11, "Perry at town hall: I’m ‘not afraid’ to call myself a climate change skeptic," The Hill, by Andrew Restuccia

"
Texas Gov. Rick Perry stood firm Friday when pressed by a New Hampshire man about his position on climate change, saying
  • he is “not afraid” to call himself a climate skeptic.

For us to take a snapshot in time and to say that what is going on in the country today, the climate change that is going on is man’s fault and we need to jeopardize America’s economy, I’m a skeptic about that…and I’m not afraid to say I’m a skeptic about that,” Perry told a crowd Friday night at a town hall meeting."...

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Perry used to speak more forcefully against AGW fraud. Too bad he's into the Texas wind energy boondoggle. He could win on this issue alone. It underlies the left's power, many hedge funds, the UN, etc., and he's waffling. ed.

"Texas Renewable Portfolio Standard," SECO

"Texas is the nation's leader in wind energy thanks to our long-term commitment to bolstering renewable energy sources and diversifying the state's energy portfolio.

Rick Perry, Texas Governor

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"“The cost of building thousands of miles of transmission lines to carry wind power across Texas is now estimated at $6.79 billion, a 38 percent increase from the initial projection three years ago.”

8/29/11, "Texas Wind Energy Fails, Again ," National Review, Robert Bryce

  • "When the temperature rises, the wind slows down."
"As I wrote in these pages earlier this month, Texas has 10,135 megawatts of installed wind-generation capacity, which is nearly three times as much as any other state. And yet, on Wednesday, all of the state’s wind turbines
  • mustered just 880 megawatts
of power when electricity was needed the most. Put another way, even though wind turbines account for about 10 percent of Texas’s 103,000 megawatts of summer electricity-generation capacity, wind energy was able to provide
  • just 1.3 percent of the juice the state needed on Wednesday afternoon
  • to keep the lights on and the air conditioners humming.
None of this should be surprising."...

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7/16/10, "Carbon Trading Used as Money-Laundering Front," Jakarta Globe

1/31/11, "Organized Crime Blamed for Roiling $110 Billion Carbon Market," Bloomberg News

2/21/11, "Hackers target European carbon registries," USA Today, B. Acohido

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In plain English from George Soros:

12/4/09,"Carbon Capitalists warming to climate market using derivatives" Bloomberg News

"George Soros, the billionaire hedge fund operator, says money managers would find ways to manipulate cap-and-trade markets.


“The system can be gamed,” Soros, 79, remarked.... “That’s why financial types like me like it --

  • because there are financial opportunities.""...

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12/1/10, "EU Carbon permits missing from registry due to (computer) virus," Reuters, Nina Chestney

10/25/10, "Queen set to earn millions from windfarm expansion," UK Independent, Andy McSmith

12/13/10,
"‘Perverse’ CO2 Payments Send Flood of Money to China," by Mark Schapiro, Yale Environment 360

10/8/10, "Murder on the Carbon Express: Interpol Takes On Emissions Fraud," Mother Jones, M. Schapiro

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2/1/11, ""Broken" EU spot CO2 market will struggle to revive," Reuters, Chestney

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1/27/11, "European commission extends carbon market freeze indefinitely," UK Guardian, Leigh Phillips

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5/30/11, "Exclusive: EU energy plan threatens carbon billions," Reuters, Pete Harrison

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12/1/10, "EU Carbon permits missing from registry due to (computer) virus," Reuters, Nina Chestney

"One million European carbon permits (valued at $19.54 million US) have gone missing from the Romanian subsidiary of cement company Holcim's (HOLN.VX) emissions registry account due to a computer virus,

  • the EU Commission said on Wednesday."...
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4/20/10, "Buying Carbon offsets may ease eco-guilt but not global warming," Christian Science Monitor, by Doug Struck.

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1/21/11, "European Carbon Exchange Closed After £6m Theft," eweekEurope.co.uk, E. Doyle

"Virtual bank robbers stole €7 million in carbon credits, breaking the green exchange

The European carbon trading market has been suspended for a week after two million carbon credits worth €7 million (£6 million) were stolen by hackers.

The temporary closure, after repeated security breaches, marks a serious failure for the trading system."...

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9/14/11, "Nobel laureate resigns from American Physical Society to protest the organization’s stance on global warming," WattsUpWithThat, Anthony Watts

"WUWT may recall the late Dr. Hal Lewis led the way on this last year as I covered at WUWT ."...

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11/29/09, "European Climate Exchange chief Patrick Birley defends the carbon trading system," UK Telegraph

"Carbon-related products are probably the most profitable part of trading for any of the investment banks right now, because the margins are so good," Mr Birley admits. "...



via Climate Depot, via Tom Nelson

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