From the Washington Free Beacon by Zach Noble, how a half page of the Kyoto protocol turned into a free ride for corruption.
Carbon Corruption
The U.N. is funneling millions of dollars worth of tradable carbon credits to corrupt nations worldwide, including Iran, North Korea, Sudan, and Uzbekistan in an attempt to encourage clean energy projects in the developing world.
The U.N. Clean Development Mechanism (CDM) is defined in Article 12 of the Kyoto Protocol. Western European countries fund energy projects in the developing world in order to obtain Certified Emission Reduction credits (CERs), tradable credits that enable Europeans to count foreign emission reductions towards their own domestic emission reduction targets.
“The CDM started from a page and a half in the Kyoto Protocol,” said David Abbass, a spokesperson for the U.N. Framework Convention on Climate Change. “In the beginning they thought there would be maybe 600 projects, but now there are over 4,000 projects.”
Iran, Uzbekistan, Sudan, and North Korea are among the more than 70 countries currently hosting CDM projects.
Iran, with 16 separate CDM projects, brings in around 4.8 million CERs, worth about $26 million, every year, despite numerous U.N. sanctions against the Islamic Republic.
Uzbekistan, dominated for the last two decades by the autocratic Islam Karimov, hosts 20 different CDM projects, with a combined annual value of over 7.5 million CERs, or roughly $40 million.
Sudan, whose president Omar Hassan al-Bashir came to power via military coup over 20 years ago and is wanted by the International Criminal Court on charges of genocide, crimes against humanity, and war crimes in Darfur, is on the receiving end of two different CDM projects, with a combined annual value of over 180,000 CERs, or almost $1 million.
North Korea is hosting seven hydroelectric dams, which may generate over $1 million in CERs annually.
North Korea, Sudan, and Uzbekistan are among the 10 most corrupt nations worldwide, according to Transparency International’s 2011 Corruption Perceptions Index.
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Full story at the Washington Free Beacon
As far as I know, any government that buy into the AGW and Carbon credit scam is corrupt.
Our tax dollars at work, funding the very countries hell bent on our destruction, all courtesy of the UN. Anyone want to bet how much money went under the table to secure the approvals?
In most 3rd world countries it is an accepted way of life for officials to be paid to approve projects. They get a “commission” in return for placing a stamp on what looks on paper like a very promising project. After all, it costs very little to produce a truly magnificent looking report.
However, the money is quickly siphoned off once it is paid, and little if anything resembling the project on paper actually gets built. The result more often than not is an ecological disaster for the local people living in the area that get kicked off their land in return for promises that never arrive.
Most of the money ends up offshore in trust accounts, where it can never be traced or recovered. That is the beauty of trust accounts, they prevent identification of the true owner of the money, so that the officials involved can safely denied involvement without fear of discovery.
Once they have UN immunity, no court in the world will be able to do anything. They can spend the funds openly without fear or worry.
[Snip. ~mod]
Perhaps the only way to get rid of the lot of this is to take down the banking cartel, who set up the UN, without their ability to print money out of nothing and so manipulate markets and the economies of countries, and to create such nonsense as carbon credits, we’ll all get back to sanity.
http://waketheherd.blogspot.ie/2009/07/international-banking-cartel-is-new.html
Need to know why the UNFCC seeks immunity?
Doesn’t get much stranger than this.
And these projects are? And of course we can see them on Google Earth, right?
what better way for them to end the dominance of western society than to have shoot ourselves in both feet (no death threat intended )
As the evidence of corruption at the U.N. continue to pile up as time goes by coupled with its inability to stop war and violence in the world (i.e. Syria), it becomes increasingly difficult for this taxpayer to understand why we even bother to stay in the organization and pay good money to keep it going. I am not denying that their are good things that they do in the world, but the corruption along with its uselessness in preventing and stopping wars outway the good. Add in the faulty pseudoscience of the IPCC and its goals for a New World Order govenment to strip individual nations of their sovereignty, and you have a good argument to dump the organization.
Oops. Forgive the misspelling in my previous post: I am not denying that there are good things in the world that the U.N. does, but the corruption along with its uselessness in preventing and stopping wars outweigh the good.
What the world needs now more than anything else, is an American President with a backbone.
Fund your enemies.
Weaken your allies.
Decline commodities in favor of a abstract idea.
Promote humans as parasites whose numbers must be drastically reduced.
Link freedom with increased global regulations while degrading the role of the individual.
Ensure murdering tyrants have continuous access to funds and weapons.
Ignore corruption.
Promote scarcity as a means to improve mankind.
Hijack the science and knowledge industry and make it serve the above.
Seek universal immunity to prosecution.
Replace truth with consensus.
Um…
Who wouldn’t want this organization ruling the world? GK
Can we have a referendum on the UN?
Not related to carbon credits. But there’s an interesting article in the National Post about North Korea’s prison system, and the UN Commission of Inquiry.
Jonathan Kay on ‘Escape from Camp 14′: A shocking exposé of North Korea’s ‘hidden gulag’
http://fullcomment.nationalpost.com/2012/06/14/jonathan-kay-on-escape-from-camp-14-a-shocking-expose-of-north-koreas-horrific-gulags/
G. Karst says:
June 14, 2012 at 10:04 am
Fund your enemies.
Weaken your allies.
Decline commodities in favor of a abstract idea.
Promote humans as parasites whose numbers must be drastically reduced.
Link freedom with increased global regulations while degrading the role of the individual.
Ensure murdering tyrants have continuous access to funds and weapons.
Ignore corruption.
Promote scarcity as a means to improve mankind.
Hijack the science and knowledge industry and make it serve the above.
Seek universal immunity to prosecution.
Replace truth with consensus.
Um…
Who wouldn’t want this organization ruling the world? GK “]
xxxxxxxxxxxx
+10
Climate policy is taking money from poor people in rich countries to rich people in poor (corrupted) countries.
Odenhoefer (?)
So it is finally revealed: Carbon credits are simply a device for extorting financial assets from countries which manage them well and redistributing them to other countries which manage financial resources very poorly. It is a ‘rob from the rich and squander it all’ scheme.
As we were taught in thermodynamics, the only condition where everything can be equal is at Absolute Zero.
I am not denying that there are good things in the world that the U.N. does,
Name one?
The general rule is, that the better it sounds, the worse the corruption and waste is. UNICEF (the UN childrens fund) is a prime example. 90 cents out of every dollar collected goes on high living for unelected UN officials.
Question: How many carbon credits does it take to make an ICMB missile and are there additional credits for nuke warheads added to the ballistic missiles? It could be a twofer.
“The U.N. Clean Development Mechanism (CDM)” is [in my view] a way to get rich nations to pay for infrastructure projects in third world nations.
So the UN, the most corrupt political organization the world has ever seen, is funneling money to the most corrupt countries in the world, via the most corrupt “trading (financial) system” in the world, all set-up and or run by the most corrupt politicians in the world…. This is news?
Sorry folks, just keep moving along. Nothing to see here. Pay no attention to the money “stolen” from your pay check via the tax system (opps, did I say carbon trading was the most corrupt “financial” system?) being sent to worthless causes and tyrants all over the world.
“So the final conclusion would surely be that whereas other civilizations have been brought down by attacks of barbarians from without, ours had the unique distinction of training its own destroyers at its own educational institutions, and then providing them with facilities for propagating their destructive ideology far and wide, all at the public expense. Thus did Western Man decide to abolish himself, creating his own boredom out of his own affluence, his own vulnerability out of his own strength, his own impotence out of his own erotomania, himself blowing the trumpet that brought the walls of his own city tumbling down, and having convinced himself that he was too numerous, labored with pill and scalpel and syringe to make himself fewer. Until at last, having educated himself into imbecility, and polluted and drugged himself into stupefaction, he keeled over–a weary, battered old brontosaurus–and became extinct.”
― Malcolm Muggeridge, Vintage Muggeridge: Religion and Society
Pointman
And what controls are there, to stop these really honest nations from doubling and trebling these credits, while nobody is looking?
The banks, with all their checks and balances, have frequently been subject to ‘black hole’ accounting scams – so what of these Carbon Credits?
G. Karst said at 10:04 am
Who wouldn’t want this organization ruling the world?
GK, Clarification please-
Is that the current US administration or the UN you’re talking about?
Or maybe something even higher-up…
BH
Not sure that my understanding of this carbon credit scheme is correct, but this is how it appears to me. A developed country (say Germany) funds a green project (say a hydroelectric damn) in a developing country (say Kenya). The developed country then gets issued “saleable” Certified Emission Reduction credits, which count toward the developed country’s CO2 reduction requirement under the Kyoto accord.
Okay, that’s a way for a developed country to meet its CO2 reduction goals,without having to reduce it’s CO2 emissions internally. Plus the developed country gets something for its foreign aid.
What I don’t understand is the the “saleable” part. Saleable to whom? Can a country sell them on a carbon exchange? Sell them to industry? From the posted article it appears that CED credits can be worth more than the project costs. Is this a way for a developed country to make money on its foreign aid?
It seems that the complaint in the article is that some of the projects (45 out of over 4000, or less than 1% ) are in countries that are on the “bad guy” list. Regrettable. But what about the other 99% of the projects? Are they doing some good in areas of the world that are on the “good guy” list?
Putting aside the stupidity of trying to reduce CO2 emissions in the first place, what is wrong with a country milking the system to pay for its foreign aid?
I know I must be missing something. The money has to come from somewhere, but where? Anyone have a detailed explanation? And no “your tax dollars” is not a detailed explanation. I want to know how this works.
And you know that all that money going to North Korea is helping kids and puppies.