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« CHART: Just How Bad Is The Drop From The Fiscal Cliff? | Main | Rep. Nan Heyworth Is Clueless On MF Global Fraud »
Sunday
Nov182012

Al Gore Invests $6M To Make BILLIONS In Cap And Trade

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Reader Comments (38)

Here is a couple more links:

California’s First Carbon Auction Challenged in Lawsuit

http://www.businessweek.com/news/2012-11-13/california-s-first-carbon-auction-challenged-in-lawsuit


With California Carbon Cap-and-Trade Program Launch, Experts Debate Economic Side Effects

http://sfpublicpress.org/news/2012-11/with-california-carbon-cap-and-trade-program-launch-experts-debate-possible-economic-side-effe
Nov 18, 2012 at 12:15 PM | Unregistered Commenterjohn
Sure, because it's only evil when Democrats make obscene amounts of money pushing good policies. As opposed to raping and pillaging companies, picking their bones and then selling yourself as a "job creator." Got it.
Nov 18, 2012 at 1:13 PM | Unregistered CommenterSoopercali
GE turbines installed at Vietnam's first offshore project

http://www.rechargenews.com/energy/wind/article314670.ece
Nov 18, 2012 at 1:23 PM | Unregistered Commenterjohn
Soopercali

You are mistaken. We expose both sides. Your assumption that we are a GOP site couldn't be more off-base.
Nov 18, 2012 at 1:51 PM | Registered CommenterDailyBail
What DB said.

Disinvited: IPCC will not be going to the UN COP18 Party in Doha

http://tallbloke.wordpress.com/2012/11/18/disinvited-ipcc-will-not-be-going-to-the-un-cop18-party-in-doha/

[snip]

The Intergovernmental Panel on Climate Change (IPCC) will not be attending the upcoming United Nations Climate Change Conference (COP18/CMP8) in Doha, chairman Dr Rajendra K Pachauri has said.
“For the first time in the 18 years of COP, the IPCC will not be attending, because we have not been invited,” he told Gulf Times in Doha.
Nov 18, 2012 at 3:21 PM | Unregistered Commenterjohn
Why are they so optimistic about this region?

http://dailybail.com/home/cnbc-gloomy-marc-faber-is-optimistic-about-this-region.html


Here is part of the answer.. and why GE and UPC renewables are heavily invested in those markets.

http://www.oecd-ilibrary.org/docserver/download/5kmd4xs1jtmr.pdf?expires=1353271707&id=id&accname=guest&checksum=8F8315DB9F24978C12F8B2D60F738CDD

And to top it off.

From Wikipedia: http://en.wikipedia.org/wiki/Emissions_trading

Emission markets
For emissions trading where greenhouse gases are regulated, one emissions permit or allowance is considered equivalent to one metric ton of carbon dioxide(CO2) emissions. Other names for emissions permits are carbon credits, Kyoto units, assigned amount units, and Certified Emission Reduction units (CER). These permits or units can be sold privately or in the international market at the prevailing market price. These trade and settle internationally and hence allow allowances to be transferred between countries. Each international transfer is validated by the United Nations Framework Convention on Climate Change (UNFCCC). Each transfer of ownership within the European Union is additionally validated by the European Commission.
Trading exchanges have been established to provide a spot market in permits, as well as futures and options market to help discover a market price and maintain liquidity. Carbon prices are normally quoted in Euros per tonne of carbon dioxide or its equivalent (CO2e). Other greenhouse gases can also be traded, but are quoted as standard multiples of carbon dioxide with respect to their global warming potential. These features reduce the quota's financial impact on business, while ensuring that the quotas are met at a national and international level.
Currently there are six exchanges trading in UNFCCC related carbon credits: the Chicago Climate Exchange (until 2010[13]), European Climate Exchange, NASDAQ OMX Commodities Europe, PowerNext, Commodity Exchange Bratislava and the European Energy Exchange. NASDAQ OMX Commodities Europe listed a contract to trade offsets generated by a CDM carbon project called Certified Emission Reductions. Many companies now engage in emissions abatement, offsetting, and sequestration programs to generate credits that can be sold on one of the exchanges. At least one private electronic market has been established in 2008: CantorCO2e.[14] Carbon credits at Commodity Exchange Bratislava are traded at special platform - Carbon place.[15]

HERE IS THE PUNCH LINE:

Trading in emission permits is one of the fastest-growing segments in financial services in the City of London with a market estimated to be worth about €30 billion in 2007. Louis Redshaw, head of environmental markets at Barclays Capital, predicts that "Carbon will be the world's biggest commodity market, and it could become the world's biggest market overall."[16]
[edit]
Nov 18, 2012 at 3:44 PM | Unregistered Commenterjohn
I wrote about Cantor Fitzgerald starting a Renewable Energy Credit trading program during electricity deregulation in 2000 in a technical publication. One reason that Enron chose Maine to pursue de-reg (after they had California in the bag) was for legal purposes to easily set legal 'standard' with little to no opposition. I didn't do too bad as a one legged man in an ass kicking contest and here are the results now... sometimes it takes patience and a lot of it. Let them do the work for you.

http://www.bgcebs.com/landing.html

Thank you for visiting our website. On or about August 9, 2011, the business of CantorCO2e, L.P., was acquired by BGC Partners, L.P. and became BGC Environmental Brokerage Services, L.P.
Please view the press release here.
We are pleased to continue to provide you with high quality financial and environmental products brokerage services.
For information about North American environmental markets, please call us at 646.346.6899, visit our website at www.bgcebs.com or contact us via email at ebs@bgcpartners.com.
For information about CantorCO2e, LLC, please send an email inquiry to info@cantorco2e.com and a representative will contact you shortly.

Stay tuned.
Nov 18, 2012 at 5:27 PM | Unregistered Commenterjohn
Nov 18, 2012 at 7:31 PM | Unregistered Commenterjohn
Yaaaaaaaaaaa Boy, Steve, its all about the "Truth-Truth-Truth".......got nothin to do with the 1 party system........We'll turn on anyone that trys to lye to the American People.......Right ?
Nov 18, 2012 at 9:01 PM | Unregistered CommenterTexas Dar
Pony up Glo BULL warming suckers this is all about taxing the U.S. and redistribution to cronies

Carbon Tax Getting Serious Consideration As CBO Seeks To Address Regressiveness

http://www.forbes.com/sites/peterjreilly/2012/11/17/carbon-tax-getting-serious-consideration-as-cbo-seeks-to-address-regressiveness/

Green War
Defense Dept. runs more green energy projects than Energy Dept., according to congressional report

http://freebeacon.com/green-war/

Report: Global warming stopped 16 years ago

http://wattsupwiththat.com/2012/10/13/report-global-warming-stopped-16-years-ago/

Al Gore’s USTREAM viewership is as inflated as his ‘science’

http://wattsupwiththat.com/

What Scandal? CIA Hard At Work Exposing Security Risks of “Climate Phenomena”

http://www.judicialwatch.org/blog/2012/11/what-scandal-cia-hard-at-work-exposing-security-risks-of-climate-phenomena/

Global warming stopped 16 years ago, reveals Met Office report quietly released... and here is the chart to prove it

http://www.dailymail.co.uk/sciencetech/article-2217286/Global-warming-stopped-16-years-ago-reveals-Met-Office-report-quietly-released--chart-prove-it.html

Obama's Fiscal Cliff Chats Reportedly Extended To Buffett, JPMorgan's Dimon

http://www.forbes.com/sites/abrambrown/2012/11/19/obamas-fiscal-cliff-chats-reportedly-extended-to-buffett-jpmorgans-dimon/

Global Warming and Climate Change are back on the topic menu. And of course, governments are looking at it as an excuse for a Carbon Tax

http://guardianlv.com/2012/11/global-warming-climate-change-carbon-tax/

o's favorite banker

http://www.economicpolicyjournal.com/2009/07/president-obamas-favorite-banker.html

Answerable to no one

http://www.washingtonpost.com/opinions/marc-thiessen-lets-go-over-the-fiscal-cliff/2012/11/19/be05bc72-3251-11e2-9cfa-e41bac906cc9_story.html?wprss=rss_opinions

Buffett’s Betrayal

http://blogs.reuters.com/rolfe-winkler/2009/08/04/buffetts-betrayal/
Nov 19, 2012 at 5:01 PM | Unregistered CommenterLadyLiberty
Thanks LL!

Did you see this?

CIA climate-change unit closes its doors

http://thehill.com/blogs/e2-wire/e2-wire/268753-cia-climate-office-closes-its-doors
Nov 19, 2012 at 5:13 PM | Unregistered Commenterjohn
Shell, Swiss Re want ‘unambiguous price on carbon’

http://thehill.com/blogs/e2-wire/e2-wire/268703-shell-swiss-re-want-unambiguous-price-on-carbon


ZERO...

john
Nov 19, 2012 at 9:52 PM | Unregistered Commenterjohn
Sen. Vitter alleges administration hiding internal discussions on a carbon tax

http://thehill.com/blogs/e2-wire/e2-wire/268917-sen-vitter-alleges-administration-hiding-carbon-tax-discussions

[snip]

Vitter, a top Republican on the Senate Committee on the Environment and Public Works, sent a letter to Treasury Secretary Timothy Geithner alleging the administration is hammering out details for a carbon tax proposal.
Vitter questioned Treasury’s denial of a Freedom of Information Act request from the conservative Competitive Enterprise Institute think tank. The think tank sued Treasury last week for not releasing emails from the agency’s Office of Energy and Environment that contained the word “carbon.”

“A plan to tax carbon would inevitably be a tax on the public, so, by definition, every responsive record would on its face significantly inform the public,” Vitter wrote.

A Treasury official told The Hill that the agency had not received Vitter’s letter.
Nov 20, 2012 at 7:46 PM | Unregistered Commenterjohn
"Trading in emission permits is one of the fastest-growing segments in financial services in the City of London with a market estimated to be worth about €30 billion in 2007. Louis Redshaw, head of environmental markets at Barclays Capital, predicts that "Carbon will be the world's biggest commodity market, and it could become the world's biggest market overall."

i.e.- It is an entire casino built on fake shit that will ultimately trickle down to exploit the masses of taxpayers/ citizens for use of service and/ or goods.

I still can't believe the ignorant masses are this blind, by the time it is time to say "I told you so", it will be to late for our children and grandchildren.
Nov 28, 2012 at 1:43 AM | Unregistered CommenterS. Gompers
Still believe in 'AGW' (Anthropogenic Global Warming), or "Man-Made" Global Warming?

Club of Rome Report, 1993 - Global Warming Quotation [Pause video at 1:12, and READ!]
https://www.youtube.com/watch?v=_AqEFQcCF1c

They plan this stuff DECADES in advance.
Dec 6, 2012 at 6:26 PM | Unregistered CommenterAnon
Yes John thanks! Anon so true this has been planned for a long time World Wide Communism (Socialism stepping stone to Fascism what's in an ism anyway the only real difference is the means used to accomplish the totalitarian goal)aka the NWO

It's Not Just That Global Warming Is Fake. What Matters Is Why This Fakery Is Being Promoted.

http://www.garynorth.com/public/5156.cfm
Dec 6, 2012 at 7:38 PM | Unregistered CommenterLadyLiberty
Gore to Obama: Talk is cheap on climate

http://thehill.com/blogs/e2-wire/e2-wire/271563-al-gore-to-obama-talk-on-climate-isnt-enough

[snip]

Gore spoke at an event with New York City Mayor Michael Bloomberg, who discussed his plans to harden the city against major storms in the wake of Hurricane Sandy.

Gore’s comments don’t make for the first time the former vice president has offered a mix of criticism and praise for Obama.

In a lengthy Rolling Stone magazine essay last year, Gore said Obama “failed to use the bully pulpit to make the case for bold action on climate change.”

NOTE: read the last sentence carefully and then read this...

http://wattsupwiththat.com/2012/12/02/is-al-gore-the-latter-day-pardoner/#more-75159


Since Bloomberg was mentioned...

http://www.bloomberg.com/news/2012-12-06/green-fund-may-use-100-billion-a-year-to-encourage-carbon-price.html
Dec 8, 2012 at 7:26 AM | Unregistered Commenterjohn
Senior EU official, lawmakers hope Kerry elevates climate at State

http://thehill.com/blogs/e2-wire/e2-wire/274429-senior-eu-official-lawmakers-hope-kerry-elevates-climate-at-state-dept

[snip]

From Europe to Capitol Hill, proponents of stronger action to fight climate change are hopeful that Secretary of State nominee Sen. John Kerry (D-Mass.) will put global warming on the front burner at Foggy Bottom.

Connie Hedegaard, the European Union’s top climate change official, lauded the choice of Kerry as the nation’s top diplomat via Twitter.

“Confident @JohnKerry as state sec is good news for #climate. Cross fingers his dedication will make climate a strategic priority. Congrats,” said Hedegaard, the E.U.’s commissioner for climate action.
Dec 23, 2012 at 8:02 AM | Unregistered Commenterjohn
Dec 23, 2012 at 8:09 AM | Unregistered Commenterjohn
Great. A great picture of climate Stalin. I would bet that if you scratched that fine piece of art, that it would smell just like free money in the Swiss bank account.
Dec 23, 2012 at 3:07 PM | Unregistered CommenterSKINFLINT
Al's cohort, David Suzuki, follows Al's path to perdition. (short video but you have to see this one).

http://www.sunnewsnetwork.ca/archives/sunnews/straighttalk/2013/01/20130129-083258.html
Jan 29, 2013 at 6:14 PM | Unregistered Commenterjohn
While I am compiling a ton of material for my next linkathon, here is an updated Goreathon that shouldn't be missed.

http://wattsupwiththat.com/2013/02/02/the-week-in-gore/#more-78668


O and company are also pushing a climate march in DC on the 17th...


http://sierraclub.typepad.com/michaelbrune/2013/01/civil-disobedience.html
Feb 2, 2013 at 11:15 AM | Unregistered Commenterjohn
Feb 3, 2013 at 7:07 PM | Unregistered Commenterjohn
John, Talked with a friend of mine in RR industry. His immediate reaction was the train may have been an earlier design without the modern redundancies? built into the engine. May have been the sort of situation as in the movie from a couple of years ago, Runaway I believe. The train was run by a regional outfit, not one of the larger ones such as CSX, or Buffets outfit.
Jul 7, 2013 at 10:13 AM | Unregistered CommenterSKINFLINT
Skin, Earth First and 350 dot org protested the train coming through Maine last week.

Maine protesters arrested for trying to block oil train to Canada

http://www.pressherald.com/news/Protesters-in-Fairfield-block-train-carrying-oil-to-New-Brunswick.html

FAIRFIELD — Police arrested six people Thursday night after a group protesting “fracked oil” tried to block a train that was expected to pass through town by erecting a makeshift wooden scaffold on the tracks.

Authorities arrest a protester from 350 Maine and Earth First after the group blocked the railroad track crossing at Lawrence Avenue in Fairfield on Thursday night during protest of the transport of allegedly fracked oil on railroads. About 9:30 p.m., six protesters were arrested.

-------

Note: Earth First is known to do things like this and 350 dot org is financed by the rockefeller family fund.

-------


More regarding earth first.

http://news.google.com/newspapers?nid=886&dat=19900527&id=v1IdAAAAIBAJ&sjid=wVwEAAAAIBAJ&pg=5589,5760659

http://www.pressherald.com/opinion/earth-first_s-vandals-should-be-resisted_2010-07-18.html

http://s2.excoboard.com/The_Porch/79918/602785

Vandals started targeting Plum Creek’s offices after the company unveiled plans last spring to develop thousands of acres around Moosehead Lake. But the attacks reached a new level Monday night.

Vandals damaged three private homes and three office buildings in five Maine communities. They splattered orange paint and spray-painted “scum creek” and other messages on some of the buildings. They also poured a foul-smelling chemical and left parts of a raccoon carcass and animal feces at some targets. And they threw rocks through the windows of the home where Plum Creek’s top Maine official lives with his family.

Maine State Police and the FBI stepped in to coordinate the investigation, and state officials, environmentalists, business leaders and others loudly condemned the actions.

“All they are is terrorists,” said Sen. Paul Davis, R-Sangerville. “We’ve had cases in the past, but nothing like this.”

Davis was a state trooper in 1990 when extremists hammered long metal spikes into trees and logs in an effort to stop logging of an old-growth timber tract near the Big Reed preserve west of Ashland. The spikes made it difficult and dangerous to saw the wood, and forced loggers to scan with metal detectors.

In 1998, protesters spray-painted graffiti on buildings at the Lincoln Pulp and Paper Mill to draw attention to dioxin pollution.

About five years ago, vandals damaged Maine fish and game clubs, and tried to blow one up. There also are periodic reports of damaged logging equipment in northern Maine, said Patrick McGowan, commissioner of the state Department of Conservation.

But, McGowan said, those acts were “nothing as scary as this, where people’s homes were targets.”

No group has claimed responsibility, police said. That’s not unusual, according to Arnold, who works with the Center for the Defense of Free Enterprise and tracks eco-terrorism around the country.

Groups such as the Earth Liberation Front and the Animal Liberation Front will sometimes take credit, but often do not. They are the leaders of the trend and may well be linked to what’s happening in Maine, he said.

Earth First!, which took credit for spiking the trees 15 years ago and held a protest at Plum Creek offices this summer, is less likely to be involved in the vandalism, Arnold said. The group decided years ago to focus on civil disobedience and leave the criminal activity to ELF, he said.

ELF and ALF are loosely organized. Their actions are led by itinerant activists who travel the country and stop in different states to recruit young sympathizers and then attack a corporation, he said.

Targeting the homes of employees and company lawyers already is commonplace in other parts of the country, especially out West in places like California, Arnold said. And eco-terrorism also has become more dangerous and violent in parts of the country, with buildings burned to protest development and Hummers burned to object to the practices of automakers.

“Arson is pretty much the signature,” he said.

-----------------

That said Skin, the derailment was about 50 miles from my service area (the tracks ran run right through it) when I served as Fire Chief. I remember when Earth First was vandalizing logging equipment etc..

Here is an incident regarding vandals who broke in and let 3 locomotives fly...

3 unmanned locomotives crash…vandals set them loose.

http://news.google.com/newspapers?nid=1144&dat=19881119&id=OOAcAAAAIBAJ&sjid=fWMEAAAAIBAJ&pg=3353,1967459
Jul 7, 2013 at 11:34 AM | Unregistered Commenterjohn
Further information – this from the BBC

The Montreal, Maine & Atlantic train had five locomotive engines and 73 cars filled with light crude oil, and was parked in the village of Nantes – about 7km (four miles) from Lac-Megantic – during an overnight driver shift-change, a company spokesman told Canada’s La Presse newspaper.

The railway’s chairman, Edward Burhardt, quoted by CBC, said an engineer had parked the train and put the brakes on “properly” before going to a local hotel for the night.

The cars filled with fuel somehow became uncoupled, causing them to roll downhill into the town and derail, said the spokesman, Joe McGonigle.
“It seems that the brakes were tight on locomotives,” Mr McGonigle told La Presse. “We found the locomotives higher up, half a mile (800m) away.”

That implies that the train started to run away with the locos attached. The train then split somewhere down the track which should have caused an emergency brake application. It looks as though this probably happened since the locos were found 800 metres from the derailment with the brakes hard on. Once the train split, if the systems were working properly, the brakes would also have come on hard on the wagons. However, with the best will in the world, 73 loaded wagons going down an incline are going to take a long time to stop, even with a full emergency brake application.

For comparison (and from memory!) in the UK an emergency brake application on a 500t passenger train travelling at 125 mph on level track will cause the train to stop in around 800m. This train will have been many times heavier and travelling down hill so it’s no surprise that it was still travelling after 800m. Also, if I’m right, that lends a little more credence to my supposition that any train fire could have been started by overheating brakes.

geoff (July 7, 2013 at 4:30 am) suggests that in a situation like that “one of the rail car brakes were also supposed to be manually set as a safeguard”. That is highly probable but one set of wagon brakes would not hold 73 fully loaded tankers on an incline. That set would simply have overheated sooner.

Incidentally, it looks as though it came to grief at a set of points (switches to you guys in the US/Canada) according to a little diagram on the BBC website. Google seems to confirm that there are points etc. in the area of the derailment.
Jul 7, 2013 at 11:39 AM | Unregistered Commenterjohn
John, According to one witness the train was going much faster through town than normal. Is it the suggestion that this group was somehow involved in a harmless prank? There should be some sort of camera at the rail yard. Even locally here, the train yard is watched.
Jul 7, 2013 at 12:04 PM | Unregistered CommenterSKINFLINT
Article you posted was from 1988. Thought they have computerized overide equiptment at this point.
Jul 7, 2013 at 2:26 PM | Unregistered CommenterSKINFLINT
Skin, as your friend had suggested, the equipment used could have been old. That said...

1. The groups I have mentioned are known for doing things that are unreasonable and dangerous. We have had to deal with them before. The economic and property damage done by them has been very substantial. These are the same people that tried to co-opt the occupy movement and please re- read how far they are willing to go.

2. They have frequent protests at or near the site of the accident. They are financed by large donors to the administration and 350 dot org has a penchant to study Global Warming in war zones i.e., Pakistan etc..

3. Fail Safes. Your friend might be able to explain how train brakes differ from those on a tractor trailer and how the hand brakes work securing a parked train. There are other automatic features that kick in and might explain why the locomotives were found 800 + yards from the scene with brakes fully applied.

4. I personally know (from my fire service days) that the rail route is extremely well maintained and that the crews are top notch.


5. While no official cause has been listed and probably won't be for awhile, you can bet your ass that these groups are being looked at closely, and deservedly so.
Jul 8, 2013 at 6:36 AM | Unregistered Commenterjohn
Death toll climbs to 5, about 40 people still missing in wake of Quebec train explosion

http://bangordailynews.com/2013/07/07/news/state/quebec-train-explosion-death-toll-at-3-expected-to-rise/

[snip]

Police were investigating the disaster, and would talk to everyone involved.

“Every time the Surete (Quebec police) needs to investigate, we need to rule out any foul play,” spokesman Benoit Richard told reporters. “Right now we cannot say it is a criminal act. We can only say we are looking at it as if it was.”
Jul 8, 2013 at 7:22 AM | Unregistered Commenterjohn
Look at the vids on the spy cams. They at least have that.
Jul 8, 2013 at 1:27 PM | Unregistered CommenterSKINFLINT
I think D.B. has called it quits and left for greener pastures. Think i'll do the same. For those of you who are still around, take care and maybe we'll bump into each other down the road.
Sagebrush
Jul 8, 2013 at 1:53 PM | Unregistered CommenterSagebrush
http://dailycaller.com/2013/07/07/u-s-embassy-official-in-guyana-removed-in-alleged-sex-for-visas-swindle/#ixzz2YTK5ExiL Go and figure. What a maroon. And he lives in Falls Church. Just a nice town for someone like him.
Jul 8, 2013 at 5:46 PM | Unregistered CommenterSKINFLINT
I've posted this kind of stuff before. The ripping of innards business while still alive is BIG EFFIN MONEY. If your next of kin is in a coma, better make sure that they are really dead. Get a second opinion. Jesus Christ Alimighty. Sick fuckers here. http://www.syracuse.com/news/index.ssf/2013/07/st_joes_fined_over_dead_patien.html#incart_river
Jul 8, 2013 at 5:50 PM | Unregistered CommenterSKINFLINT
Sorry to hear that sage, I am having trouble logging in now and will leave this from a source as my last post

Some details:
- the train was heading towards Nantes and from there to the Irving refinery in Saint John, NB
- there were 5 locomotives; 4 were shut down and one was left running in the normal practice to keep the air brakes charged; MM&A says the hand brake was set
- someone unauthorized tampered with the locomotive and turned it off (using inside and outside controls, according to railway, after examination), then the train started rolling
- so 5 non-running locos; all 5 de-railed before fast-moving train reached Lac-Mégantic (this allowed them to be examined for tampering, preserving that part of the crime scene)
- there were 72 or 73 tanker cars (depending on source) and dozens of them blew and burned
- the group that blockaded same rail line in Maine on June 27th promised more ‘direct actions’ in a ‘fearless summer’
- 5 confirmed dead and at least 40 more believed to have perished, in bar, on street, in their beds
- possibly most deadly act of eco-terrorism ever in North America


I am sick and tired of this shit too.
Jul 8, 2013 at 6:17 PM | Registered CommenterJohn

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