Monday, February 11, 2008

UN salivating over their potential cut of the bogus carbon credit biz?

From this article:
The levy could be extended to Kyoto Protocol climate deals between rich countries, known as Joint Implementation, or to carbon credit trade, he said.
The fund now comprises about $36 million, but might rise to as much as $5 billion a year by 2030 if investments in green technology rise.
Remember, the end of carbon dioxide hysteria would spell real trouble for the carbon credit industry.

Some detail about bogus carbon credits is here, in a post entitled "Smugness Coupon with Enron Accounting".

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