India cuts carbon [swindle certificate] stockpile, no rush to sell rest

Developers of Indian clean-energy projects have winnowed down a stockpile of UN-backed carbon offsets, but are in no rush to sell the remainder as they hold out for higher prices.

Industry sources put the outstanding stockpile at up to 10 million tonnes, equivalent to about a month's issuance under a UN scheme that rewards firms for cutting greenhouse gas output by allowing them to sell the saved emissions.
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India has 513 CDM projects registered by the United Nations, with total CER issuance for the country at nearly 80 million, well behind China's more than 200 million, UN data shows.

The Real Inconvenient Truth - Auburn Journal

- No matter what, you will pay for it. The traders in Chicago will get wealthy, and some other thugs stand to get a share of the pie. All those new jobs, you won't qualify for them.

‘The Climate War’ looks at the players behind the scenes of cap-and-trade [scam] legislation - The Boston Globe

According to a poll by the Pew Research Center for the People & the Press taken in October 2009, just 36 percent of Americans believe there’s solid evidence that human activity is heating up the planet. Those 36 percent are Pooley’s target audience; the others are not just skeptics but “deniers.’’ Much to his credit, Pooley dispenses with the “he said, she said’’ journalistic approach that gives equal weight to accepted science and what he terms the Denialosphere, preferring to discuss not whether global warming is a problem but how best to tackle it.
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The bulk of the book focuses on three men: Environmental Defense Fund president Fred Krupp, Duke Energy chief executive Jim Rogers, and, to a lesser extent, Al Gore. Each has his own distinct role. Krupp, “a brilliant salesman’’ and “a brilliant policy wonk,’’ is, in Pooley’s telling, the only person capable of uniting key sectors of the environmental movement behind proposals that can actually pass. Rogers fills a similar role among industry leaders, convincing them that there is profit to be made if they cooperate on climate legislation and consequences if they don’t. Meanwhile, Gore works in the background, slowly building a grass-roots campaign to convince the public that the global warming threat is real and requires action.

Senate rivals chart separate courses on Chicago River :: CHICAGO SUN-TIMES :: Election 2010

On Monday, the pair also differed on cap and trade legislation, which caps carbon emission levels but allows companies to trade or sell credits if they fall below the limits. Kirk had supported cap and trade legislation but changed positions once he ran for Senate.

Kirk said the policy is too costly, but Giannoulias said it is needed to tackle environmental problems linked to oil use.