Journal: ClimateGate Carbon Trade Fraud

Earth Intelligence
Maurice Strong
Maurice Strong

Has anyone seen this man?

Obama, Maurice Strong, Al Gore key players cashing in on Chicago Climate Exchange

The Multi-Billion Trade in Carbon Derivatives, Copenhagen's Hidden Agenda

As I have previously shown, speculative derivatives (especially credit default swaps) are a primary cause of the economic crisis.   And I have pointed out that (1) the giant banks will make a killing on carbon trading, (2) while the leading scientist crusading against global warming says it won't work, and (3) there is a very high probability of massive fraud and insider trading in the carbon trading markets.   Now, Bloomberg notes that the carbon trading scheme will be centered around derivatives…

Copenhagen climate summit: Carbon trading fraudsters in Europe pocket €5bn

Carbon trading fraudsters may have accounted for up to 90pc of all market activity in some European countries, with criminals pocketing an estimated €5bn (£4.5bn) mainly in Britain, France, Spain, Denmark and Holland, according to Europol, the European law enforcement agency.

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