Carbon offsets less than impressive

[picasso moon]

http://www.washingtonpost.com/wp-dyn/content/article/2009/10/14/AR2009101403762.html
Use of Forests as Carbon Offsets Fails to Impress in First Big Trial. Juliet Eilperin, 10/15/09. A project in Bolivia was envisioned to keep 55 million metric tons of CO2 from entering the atmosphere over a 30-year period, but the result looks more like 5.8 million, little more than 10% of the expected. So much for the notion of "cap and trade" which is the basis of the Obama administration's climate change bill.

[highstreet]

It's a proven scam.

Just look at the Pollution Cap and Trade that they did in the 1990's.

There's a Waste burning plant here in Columbus that shut down when they passed that shit.  They will be collecting millions of dollars every year for 30 years, all while AEP is allowed to raise our rates to buy those pollution credits.

[Six Gun Jim]

The entire idea of somehow managing the CO2 on earth thru gubmint or business makes me laugh so hard it hurts. I think our control/management programs for animals, fish, lakes, oceans, rivers, drugs, alcohol et al pretty well show where this is going. Every single other program gets bested by top dollar. Want a monkey hand ashtray? No problem, $50000 gets you a R/L pair and a pack of smokes. Pollute a river. Its' all good, just pay the fine. What a colossal joke that is anything but funny.

[picasso moon]

What a colossal joke that is anything but funny.
Well-said, Jim!

[gin]

more evdience that the  'cap-and-trade system' is nothing more than a scam
leading to the defrauding of the people no thanks to mr gore's lobbying..

[Bruce]

 I don't think we the people will allow cap and trade to happen. This January my electric company raised rates 23% in one swoop. Now we have cap and trade expected to raise rates as high as 90%. That ain't gonna happen. That would put my electric rate at $475.00 at which time I would go off the grid. The cities could not afford the increase and would turn city lights off. This would be an economic event of a disastrous degree. It would kill off what little is left of the retail market. Businesses would close in exponential proportions far worse then what has been experienced this recession. Unemployment would explode. Not a chance in hell of this happening, not the way it is presently described.....................................Bruce

[qualityhardware]

Look who is drooling over cap and screw. Investment banks, energy companies and the whores in congress and the administration who depend on graft from their masters to keep their seats.

The "carbon" market and the securitization of "carbon offsets" will be the coup de grace that kills the US and the global economy while the oligarchs get richer.

Look up "Extremistan" and Nassim Nicholas Taleb. It will make sense.

This is the biggest con of all time and EVERYONE is going to get screwed.

[gin]

I don't think we the people will allow cap and trade to happen. This January my electric company raised rates 23% in one swoop. Now we have cap and trade expected to raise rates as high as 90%. That ain't gonna happen. That would put my electric rate at $475.00 at which time I would go off the grid. The cities could not afford the increase and would turn city lights off. This would be an economic event of a disastrous degree. It would kill off what little is left of the retail market. Businesses would close in exponential proportions far worse then what has been experienced this recession. Unemployment would explode. Not a chance in hell of this happening, not the way it is presently described.....................................Bruce

sorry buce but..
just like we've gotten screwed by the huge wall street bailouts which they basically coerced..
even still unemployment has exploded.. all the while wall street was using our bailouot money
to bottom feed very markets at the panic bottoms that wall street created in the first place..

sadly for us the people will have too little.. too late.. to say about this criminal activity.. face it the game is rigged..   

[Bruce]

I don't think we the people will allow cap and trade to happen. This January my electric company raised rates 23% in one swoop. Now we have cap and trade expected to raise rates as high as 90%. That ain't gonna happen. That would put my electric rate at $475.00 at which time I would go off the grid. The cities could not afford the increase and would turn city lights off. This would be an economic event of a disastrous degree. It would kill off what little is left of the retail market. Businesses would close in exponential proportions far worse then what has been experienced this recession. Unemployment would explode. Not a chance in hell of this happening, not the way it is presently described.....................................Bruce

sorry Bruce but..
just like we've gotten screwed by the huge wall street bailouts which they basically coerced..
even still unemployment has exploded.. all the while wall street was using our bailout money
to bottom feed very markets at the panic bottoms that wall street created in the first place..

sadly for us the people will have too little.. too late.. to say about this criminal activity.. face it the game is rigged..   

 

 That's my point Gin. Unemployment has already exploded and we have no room for yet again another explosion. The game is rigged I totally agree. However, it gets to a point when even the bankers and wall street have to back off. Once they have taken all they can take then there is nothing left to get. We economically are about at that stage now. Those greedy bastards want all they can get, however even they have to realize you can't get what isn't there. Who amongst us would not start to ration once you realize you were burning through your preps FAR faster than you thought you would? I think wall street and the banks will wake up and see that their resources have dried up................Bruce

[Grumalg]

Another bit to the picture.....

http://www.physorg.com/news175439072.html

Climate scientists uncover major accounting flaw in Kyoto Protocol, other climate legislation

(PhysOrg.com) -- A team of 13 prominent scientists and land-use experts has identified an important but fixable error in legal accounting rules for bioenergy that could, if uncorrected, undermine efforts to reduce greenhouse gases by encouraging deforestation.

[wordnerd]

The way I see it - it is too late to really turn this around. We can only slow it down - maybe