Al Gore, the man who invented carbon emissions. It wasn't so long ago Mr Gore and his Gorelets were telling us if we wanted to fly anywhere then we would have to buy carbon offsets, preferably from a Government Approved scheme. It was also suggested that we walk more often, use public transport instead of driving and turning down your thermostat at home. This obviously only applies to city folks because in rural areas public transport leaves a great deal to be desired and sensible people heat their homes to a temperature which ensure the occupiers are comfortable.
Now all this is unravelling. The air's out of the bag and the bag's deflating, yet Gore and his Gorelets are backing stiffer pan-globe governmental legislation on carbon emissions.
Picture courtesy of the Filthy Engineer
No wonder this man's smiling. He is Dr Rajendra Pachauri, the part-time head of the IPCC.
Richard North continues his excellent research into Climategate and shows us what a tight-knit set-up the selling of air has become.
James Delingpole is one of the few journalists who has spoken out against climate change, particularly since the leak of the UEA emails and documents. His Telegraph article today also addresses the Big Carbon Scam Corus have used against the NE of England. It is a worthwhile read.
If anyone had said to me 20 years ago that the ultimate non-product of carbon trading would be the biggest scam of the 21st century I would have thought them mad. Yet it has happened. Just in European terms, the European Climate Exchange (ECX) and Bluenext accounted for 92% of exchange-traded EU carbon permits and so far in 2009, the value of the carbon permits traded through both exchanges is €86,304,050,227 or €364,547,223 a day.
The irony of it all is, as James Hansen admits, this money making 'business' will have no overall effect on emission levels, but it's not intended to. As Richard North states "This is a money-making scam on a colossal scale, a confidence trick perpetrated in plain sight, giving endless opportunities to rip off the public."