Electricity market manipulation and "f***ed with the Palo market" and "leaders in climate change action", oh my: It's almost like the folks at Barclays were into the global warming scam for the money, rather than as a sincere effort to prevent bad weather

Barclays faces $470m fine for electricity market manipulation - Telegraph

The fines follow an investigation by FERC officials into electricity market trading by Barclays between November 2006 and December 2008.

In one email cited by the regulator, Mr Smith described how he “f***ed with the Palo market,” and “propped up the palo index". He wrote: “Gonna try to crap on the NP light and it should drive the SP light lower.”

World View: Banksters Seek to Save Europe's Carbon Trading System

Basically, the climate change fanatics are like someone who, a century ago, was worried that the world was going to be covered with horse crap, and horse crap credits should be traded to eliminate the problem. The automobile came along to solve the horse crap problem, and it would have come along with or without horse crap credits.
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At that time, I wrote a lengthy profile about a bankster named Louis Redshaw, head of environmental trading at Barclay's Bank. This was just after the global credit crunch had begun, and the subprime real estate market was crashing. I quoted Redshaw at the time as saying that carbon credit derivatives were going to make banks a lot more money than the subprime mortgage derivatives had. Even in 2007, it was pretty obvious that climate change was a financial scam, and that the people driving it were banksters like Redshaw, and wealthy carbon emitters like Al Gore and the people lounging in air-conditioned conference rooms in Bali, attending a climate change conference. It was all pretty sickening then, but it's even more sickening now.

Barclays PLC - Working with energy on climate change - Business in the Community

Barclays PLC is a major global financial services provider with an aim to be one of the leaders in climate change action. To achieve this, Barclays has developed a five step Climate Action Programme

Flashback: Barclays Closes US Carbon Desk In Latest Cap And Trade Setback

London-based Barclays determined the US carbon market, currently comprised of a handful of states, is too small to justify the expense of a dedicated trading desk in New York, according to sources familiar with the decision. Barclays was a major player in US greenhouse-gas trading programs on the East and West coasts and remains active in Europe's carbon market, the largest in the world. Seth Martin, a Barclays spokesman, declined to comment.