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

Posted on December 24th, 2009 by admin

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.

7 Responses

  1. Keith Says:

    no they is not aware
    References :

  2. O'Ryan Says:

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

  3. Tucking Fypos Says:

    Turns out politicians are greedy.

    Or for Keith; politicians is greedy.
    References :

  4. Reality has a Liberal Bias Says:

    That’s why we should just have a tax. Much simpler.
    References :

  5. Micheala3-#1 Fan of WDPLM?3 Says:

    Yes, master-minded by central banking and world trade allied with the feds. All crooks! That helps explains Bernacke’s reappointment.
    References :

  6. guanete42 Says:

    Yes GREED runs rampant, People need to wake the hell up……………Al Gore is not GOD……….
    References :

  7. jim s Says:

    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.
    References :

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