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

A new regular feature on the Bail, John along with Barbara Durkin will be provding weekly updates on corruption, graft and waste in the energy sector.

Green Energy Corruption - Gone With The Wind

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SCAM ALERT - Al Gore Invests A Few Million To Make BILLIONS From Cap And Trade

MUST READ - Congress demands EPA’s secret email accounts

Exxon Backs Obama Plan to Impose Carbon Tax

CFTC appeals court decision to halt derivatives rules

First Wind Hawaii Project May Never Get It's Turbines Repaired

Getting Past The Hype Of Wind Energy

GE completes its first wind farm in India

GE Cancels Offshore Wind Project AFTER Collecting $125 Million From Taxpayers

Clipper Windpower Cuts Jobs, Halts Production

Senators say three year moratorium on wind projects is URGENT

Climate Change Report Outlines Perils for U.S. Military

Follow-up: Wind Turbines Worth the Cost?

Governors Demand Wind PTC To Cover State Costs

Mystery Green Company Related to Petraeus Scandal

Read Last Week's Green Corruption Links...

Comments

[john]

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

[Soopercali]

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.

[john]

GE turbines installed at Vietnam's first offshore project

http://www.rechargenews.com/energy/wind/article314670.ece

[DailyBail]

Soopercali

You are mistaken. We expose both sides. Your assumption that we are a GOP site couldn't be more off-base.

[john]

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.

[john]

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]

[john]

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.

[john]

For those who think we pick on democrats...

http://www.usnews.com/news/articles/2012/10/15/poll-half-of-republicans-believe-in-global-warming

[Texas Dar]

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 ?

[LadyLiberty]

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/

[john]

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

[john]

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

[john]

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.

[S. Gompers]

"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.

[Anon]

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.

[LadyLiberty]

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

[john]

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

[john]

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.

[john]

http://bangordailynews.com/2012/12/23/politics/angus-king-nervous-but-not-intimidated-as-he-starts-meeting-senators/

Look at the picture hanging on the wall in the background.

[SKINFLINT]

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.

[john]

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

[john]

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

[john]

Al Gore on CNN: video... Go to the 40 second mark.

http://thehill.com/video/policy-areas/280749-gore-obama-has-to-follow-through-on-climate-change-vow


Obama: 'No doubt' nation needs more tax revenue to lower deficit

http://thehill.com/blogs/on-the-money/domestic-taxes/280757-obama-no-doubt-nation-needs-more-tax-revenue