Spiegel: EU Corporations Have Raked In 25 Billion Euros Through Corrupt Emissions Trading Scheme!

Emissions trading was set up to entice fossil fuel intense companies to reduce their CO2 emissions, and thus in this way help bring atmospheric CO2 concentrations to a standstill, and thus rescue the climate, according to the man-made global warming theory.

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New report by Carbon Market Watch shows large corporations raking in billions in CO2 emissions trading scheme.

However, things aren’t quite working out that way. Spiegel here cites a comprehensive report by the non-government organization Carbon Market Watch (CMW), which concludes that large companies are in fact making billions from free emissions certificates, and CO2 emissions aren’t improving at all.

The European large industry have managed to squeeze out 25 billion over the past years through special rights in the EU emissions trading system.”

The study looked at the 20 strongest countries from 2008 to 2015, Spiegel writes.

Easy money

Agnes Brandt of the CMW comments:

The figures show how easy it is to make money from pollution and just much the lobby-watered-down CO2 trading system has failed.”

Little wonder that so money companies happily adopted the climate protection and CO2 scam. Many have gotten rich from it without having to produce anything tangible for society to benefit from.

And who pays for the 25 billion? Billy Bob Blow and Jane Blow, of course.

Little wonder voters are voting to “blow up the whole goddamn system” with a “human Molotov cocktail“. And why not, after all? It. Is. Corrupt.

Growing resentment

In Europe too there is an intensifying aura out there that is telling us that more politicians are about to get the message, loud and clear –and big time. The energy system in much of Europe has gotten dearly expensive, unstable and now poses a real and gathering threat to the jobs and livelihoods of millions in the working class. The citizenry has been deceived and screwed over by a climate science scam, and they are not going to take it much longer.

Already tens of thousands of highly skilled, well-paid workers in the automotive and energy industries in Germany alone are seeing their jobs get slashed. And they do have a means of delivering the second biggest FU in history – with a vote for Le Pen in France, or for the emerging hard right wing parties in Germany, Austria and elsewhere.

The biggest earners from the scam, according to the report and Spiegel, are the steel and iron industry, cement, refineries and petrochemicals – to name a few. They are closing down and moving out their operations, and getting paid to do so.

And the working class? They’re getting angry, yet being scolded for doing so — being cast out as “deplorables” or irredeemables”, or even far worse. This can’t and won’t continue.

 

14 responses to “Spiegel: EU Corporations Have Raked In 25 Billion Euros Through Corrupt Emissions Trading Scheme!”

  1. Dave

    The book Honest Reality ends the criminal elites game of climate fraud.

  2. The Indomitable Snowman, Ph.D.

    “Renewable” (sic) energy has only two constituencies – fantasists, and kleptocrats.

  3. sod

    Interesting article. Thanks for the link!

  4. mwhite

    Just watched the Saturday summery.

    http://www.weatherbell.com/

    Check out the Weather Bell pioneer model a la Europe.

  5. DirkH

    “Little wonder voters are voting to “blow up the whole goddamn system” with a “human Molotov cocktail“.”

    Make someone drink enough Vodka to turn him into a human bomb, tie a rag around his neck, light it up and lob him with a catapult into enemy lines???

  6. DirkH

    “The biggest earners from the scam, according to the report and Spiegel, are the steel and iron industry, cement, refineries and petrochemicals – to name a few. They are closing down and moving out their operations, and getting paid to do so.”

    Well of course SPIEGEL would scream about that; they are desperate to sell a few copies so they will try to stir up any outrage that they can; but closing down heavy industry was exactly what the warmunists intended to do, so …

    And BTW, Spiegel is owned to a quarter by Bertelsmann Foundation which is at the same time the primary policy adviser of both SPD, CDU and SPD+CDU governments at least since the era Schroeder, SPD , 1999 onwards.

    So, Bertelsmann prescribes all the Warmunist-Globalist-NWO policies, together with Soros, then lets the small Hamburg leftist employees at SPIEGEL squeek a little here and there. How barmy the proud Stalinists have become.

  7. DirkH

    O/T Stephen Hawking says, this is the most dangerous moment for humanity in all of human history, given that exactly when Global Warming is about to wipe us out, Trump comes to power.
    http://www.zerohedge.com/news/2016-12-03/most-dangerous-moment-human-history-stephen-hawking-warns

    Yeah it’s really unfortunate timing.

    1. Mindert Eiting

      Hawking has become more and more weird in the course of time. I have read his last book which was a big disappointment. Here he said that philosophy is dead. I do not know what kind of program he has in his mind about the threat of aliens and global warming. Difficult to take anything seriously of what he says nowadays.

      1. DirkH

        Philosophy is dead? Damn I missed that! so Hawking has solved the mystery of consciousness?

        1. DirkH

          Ah! He says philosophers need to get up to scratch with the latest theoretical physics otherwise they’re irrelevant.
          http://www.telegraph.co.uk/technology/google/8520033/Stephen-Hawking-tells-Google-philosophy-is-dead.html
          By Hawkings measure then, Hegel, Schopenhauer, Nietzsche and Wittgenstein are irrelevant, ditto Plato (as Aristotle was the go to guy for all things experimental).

  8. Chris F

    Just as Climategate opened peoples eyes and thinking about what we’ve been told was so certain, The Trump presidency will do legislatively.
    Like him or not (and I do) he’s going to be the end of the global warming scam. Four years from now the Democratic Party won’t touch global warming with a ten foot pole because Trump will have made it so unpalatable that to embrace it is political suicide.

    Expect the world to follow his example.

    1. Graeme No.3

      Some will still be carrying on about Climate Change in 4 years, but with luck not from office. Despite the example of South Australia which experienced blackouts, higher electricity prices and having to pay out millions in compensation to companies after getting rid of their remaining coal fired station, the Victorian Premier has raised the royalties on coal, persued a policy of getting rid of coal fired electricity and has greeted the impending shut down of 22% of electricity generation (Hazelwood) as unimportant as there will be plenty of electricity when new wind farms start operating – which will be monts or years afterwards. He may well be around in 2020 depending on the number of blackouts. He is known for some reason as Dopey Dan.

  9. tom0mason

    The effects of ‘climate change’ are having the desired effects of making European industries less efficient as cost of ‘carbon’ hits all sectors. This is no less than theft.

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