Who Saw This Coming?: Organized Crime Involved In The European “Carbon Credit” Business

Proof  •  December 17, 2009

As if the whole carbon credit thing wasn’t a scam to start with, we now have a report that organized crime has indeed recognized the scam worthy potential of the, er, scam:

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.

So….90% of the phony carbon credit market is – fraudulent? Who would have thunk it? Scammers being scammed. But how, you ask, can someone dupe the carbon credit buying public any further than they’ve already been duped by buying carbon credits that in reality won’t do a damn thing to offset jack squat and has no real impact on anything but their wallets?
By establishing phony companies, selling phony credits, and charging the European Value Added Tax (an idea much touted by the leeches royalty elitists Pelosis in our ruling class as a potential answer to the fact that the federal government doesn’t get all of our money – yet), and then pocketing the money from both the worthless carbon credit they sold and the Value Added Tax they collect, that’s how.
Their dishonesty and greed would do credit to the Congress of the United States.
By the way, I want a refund. Seriously. I live on ten acres in south Louisiana that is covered with lush, sub-tropical forest and vegetation that is busily consuming mass quantities of CO2 even as we speak and pumping huge amounts of oxygen into the atmosphere. The way I have it figured, there is no way my meager carbon footprint can touch that no matter irresponsible I try to be.
So….someone owes me some money.
Seriously. If people can be charged for a “footprint” that is supposedly having a negative impact on Mother Earth, then why shouldn’t I be due a refund if I’m having a positive impact?
I want my money. Where do I apply?

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  • http://twitter.com/secureslinger twitter-94600577

    Organized crime is also behind many of the hacking attacks these days.

    Motivation: Support illegal/underground activities, cartels, & other activities
    like; human trafficking, drug trade, terrorism, bank/credit fraud.

      Funding: Funded primarily with illegal sources. Often government
    involvement is “two-way”.

      Capabilities: Well funded/staffed efforts underway, mostly geared towards
    theft of financial information of direct targets, communication with actors,
    transfer of monies, and the masking of activities.

      Advanced Hacking Techniques. Infected websites, malware development, botnet
    creation, system cracking, USB flash drive infections, hard disk encryption
    cracking.

      Data Harvesting Capacity. Open source data gathering and correlation, system
    cracking and data extraction, use of keyloggers, password stealers, data capturing
    services, and website redirection.

      Use traditional espionage techniques with hacking. A majority of today’s botnets
    are designed and maintained by organized crime. It is estimated that up to 75% of
    computers are infected with a virus. Most virus’ today come from organized crime.
    from: http://secureslinger.blogspot.com/2009/12/presentation-combat-readiness-in-it.html

  • sayanything-342

    And how is the obama administration any different than organized crime?

  • sayanything-2

    ” carbon credit trading” is organized crime, only criminals would create a fake trading system based on fake science.

  • sayanything-43

    You want your money. Well obviously you are due at least 10 million dollars. I’d like to help. But in the process I need to transfer some money ($282,457,421.19) from my Nigerian cousins’s bank account. If you help me with that, I’ll be able to help you out.

  • sayanything-7743

    Fraud, organized crime, shake-downs, theft, sounds to me like how things get done at all levels of Democratic controlled Chicago/Illinois governments and their political world.

  • sayanything-7134

    Money to be made and organized crime will be there because they are …………organized

  • sayanything-2361

    Organized crime has:
    1) Organization
    2) Merit based on accomplishments
    3) Lust for power is placed second to profit/accomplishments

    Don’t just wantonly diss organized crime, it functions.

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