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Could it be that the Democrats are aware how the European Carbon Credit Trading is Plagued by Massive Fraud?

That’s likely the reason they lust to have it in their clutches, so as to rob from us so much the more.

Reporter Soeren Kern reports today:

The European Union’s flagship cap-and-trade carbon credit trading system is plagued by massive fraud and is effectively under the control of organized crime, according to a December 9 statement issued by European police. Europol, an EU-wide criminal intelligence agency similar to the U.S. Federal Bureau of Investigation, says bogus trading at the EU’s Emission Trading Scheme (ETS) has exceeded €5 billion (U.S.$7 billion) over the past 18 months alone. Europol says that in some EU countries, up to 90 percent of the entire market volume is fraudulent.

If it isn’t on TMZ, the Daily Show or grocery store tabloids, they don’t know about it.

This entry was posted on Thursday, December 24th, 2009 at 11:02 pm and is filed under emission trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

7 Responses to “Could it be that the Democrats are aware how the European Carbon Credit Trading is Plagued by Massive Fraud?”

  1. no they is not aware
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  2. If it isn’t on TMZ, the Daily Show or grocery store tabloids, they don’t know about it.
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  3. Turns out politicians are greedy.

    Or for Keith; politicians is greedy.
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  4. Reality has a Liberal Bias on December 25th, 2009 at 6:37 am

    That’s why we should just have a tax. Much simpler.
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  5. Micheala3-#1 Fan of WDPLM?3 on December 25th, 2009 at 7:08 am

    Yes, master-minded by central banking and world trade allied with the feds. All crooks! That helps explains Bernacke’s reappointment.
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  6. Yes GREED runs rampant, People need to wake the hell up……………Al Gore is not GOD……….
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  7. The answer to cure deregulated global financial affairs, is to have an unregulated global Mafia-esk control?

    Anyone see room for abuse here?

    An open window for organized crime.
    Mr O’Ryan will get his (our) chance with the RICO Act.

    The UN already is organized crime, for the same reason.
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