Coal's burnout
"Coal is a dead man walkin'," says Kevin Parker, global head of asset management and a member of the executive committee at Deutsche Bank. "Banks won't finance them. Insurance companies won't insure them. The EPA is coming after them. . . . And the economics to make it clean don't work."Woman dies after castle freeze: News24: World: News
Stockholm - A 65-year-old woman froze to death after somehow being locked inside the fortress walls of an historic Swedish castle where she had attended a special New Year's Eve mass, police said on SundayCriminal Carbon Trading Schemes Escalate
“Carbon trading is now the fastest growing commodities market on earth. Since Kyoto signatories bought in to the cap and trade concept in 2005, there have been more than $300 billion worth of carbon transactions, prompting several investment banks, including Goldman Sachs and Barclays, to set up their own carbon trading desks,’ reports Mark Schapiro. He adds, “In this highly specialized new industry, perhaps a thousand people really understand how onsite measurement of CDM (Clean Development Mechanism) projects work, and there is a serious potential for conflicts of interest.” (1)The Oceans Are Losing Heat | Real Science
Some of this helps explain why carbon trading continues to be exploited in increasing fashion by criminal activity.
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