Thanks for the link...

  1. 11,316 Posts.
    Thanks for the link ifonly

    http://www.reuters.com/article/2011/10/14/us-carbon-price-snapanalysis-idUSTRE79D33W20111014

    Part extract,

    (Reuters) - The price for U.N.-backed carbon credits is set to fall further, after hitting a record low early on Friday, as an over-supply of offsets looks unlikely to lessen and as poor economic growth dents confidence in the market.

    The benchmark contract for certified emissions reductions (CERs) hit an all-time low of 7.13 euros ($9.77) early on Friday, before recovering slightly to 7.28 euros.

    So if we follow the money trail it leads back to UN.

    Rudd and the The greats Moral challenge or something like that he spoke of before Copenhagen Gig collapsed was and still is for giving our money to UN as in 10% carbon tax collected, plus giving money as Foreign Aid to Countries that are not even in our Hemisphere,for/on the UN's behave.

    So the UN is pushing to sell carbon credits so as to receive money for nothing that they own, except for an idea to scam western countries.

    In other words, it appears to me CO2 tax is a world Tax impose by a self appointed UN World Government.

    It's not saving the plant,the planet has been here for millions of years at a rough guess.

    So it just above wealth Distributions to the UN.

    That's my take on this issue.

    cheers,

    sypaladin

 
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