Who says you can get rid of entitlements? WUWT covered this issue over HFC-23 production previously in The biggest environmental scandal in history.
It seems it is about to get bigger. China just decided to blackmail the brilliant minds soon to be attending the Durban Climate Conference, aka COP-17.
The burning question is; what would Angelina Jolie do?
China Threatens Massive Venting of Super Greenhouse Gases in Attempt to Extort Billions as UNFCCC Meeting Approaches – MarketWatch
WASHINGTON, Nov. 8, 2011 /PRNewswire via COMTEX/ —
In the run-up to the international climate negotiations in Durban later this month, China has responded to efforts to ban the trading of widely discredited HFC-23 offsets by threatening to release huge amounts of the potent industrial chemical into the atmosphere unless other nations pay what amounts to a climate ransom.
…In a shocking attempt to blackmail the international community, Xie Fei, revenue management director at the China Clean Development Mechanism Fund, threatened: “If there’s no trading of [HFC-23] credits, they’ll stop incinerating the gases” and vent them directly into the atmosphere. Speaking at the Carbon Forum Asia in Singapore last week, Xie Fei claimed he spoke for “almost all the big Chinese producers of HFCs who “can’t bear the cost” and maintain that “they’ll lose competitiveness”.
…”Attempting to force countries into squandering billions on fake offsets that actually increase production of greenhouse gases is extortion,” said Samuel LaBudde, Senior Atmospheric Campaigner with the Environmental Investigation Agency (EIA). “China is not the victim here, and a world order responsive to climate change cannot be predicated on unrepentant greed.”
Full story here. h/t to Tom Nelson
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Go for it China – it will make bugger all difference to anything. The CFC scam was the second greatest scientific fraud in history – the CO2 scam is the greatest.
What’s hilarious about this is that the Chinese manufacture HFC-23 for the sole purpose of getting paid by other countries to destroy it. The obviously get paid more to destroy it than it costs to produce. So let ’em release it. End the market for CFC destruction. Odds are they won’t release it. They’ll simply use it as a refrigerant (which they’re probably already doing).
If you want to hit the height of irony, catch the quote at the bottom of the OpEd page today in WSJ. It’s from Jin Liqun, the supervising chairman of China’s sovereign wealth fund, speaking to al-Jazeera television this week:
“If you look at the troubles which happened in European countries, this is purely because of the accumulated troubles of the worn out welfare society. I think the labor laws are outdated. The labor laws induce sloth, indolence, rather than hard-working. The incentive system is totally out of whack.
Why should, for instance, within [the] euro zone some member’s people have to work to 65, even longer, whereas in some other countries they are happily retiring at 55, languishing on the beach? This is unfair. The welfare system is good for any society to reduce the gap, to help those who happen to have disadvantages, to enjoy a good life, but a welfare society should not induce people not to work hard.”
Gee should we pay people to not release Freon/HFC-23?
Sad thing is, they will get paid
Its funny how the mind associates things. After reading this story, two songs came to mind. Randy Travis’ I Told You So , and the song sung by the scarecrow in the Wizard of OzIf I Only had a Brain
“their government is no more than a glorified mafia.”
Agreed 100%. Their trade policies would make Al Capone proud…
Not one penny for these thieves. They will do what they do.
I expect governments around the world will protest publicly whilst at the same time do absolutely nothing at all about it. Those who can’t work out why are truly brainwashed to the AGW faith.
Dear IPCC – unless you begin providing me with a permanent stipend to offset my personal greenhouse gas production, I will begin the uncontrolled release of methane and associated gases as byproducts of attending chili cook-off contests held around Texas. Further, I will continue to provide large monthly supplements to support the continued production of bovine and porcine methane producers and advocate their large-scale reproduction across the US. You have been warned.
Did he really mention a new “world order”?
Great choice of words.
The irony is that we will have to borrow it from the Chinese to pay the bill.
“Mike from Canmore says:
November 8, 2011 at 9:47 am
Doesn’t sound like James Bond. Mr Like Austin Powers/Dr. Evil.
$”1 million BWAHAHAHHAHA””
The Gas that Gagged Me.
DR. Evil: If the worlds governments don’t pay me 100 Trillion dollars [pause] I will release [airquotes]HFC-23[airquotes], a POWERFULL greenhouse gas into the atmosphere causing runaway [air quotes]Global warming[airquotes] leading to rapid sea level rise and the demise of the Maldeves and all the toilets of the world will overflow. MOOOOOHAHAHAHAAAAAAAAA!!!!!!!
Seems they’ve taken a page out of the policy book of that Central American president – can’t recall which just now – who threatened to log his country’s rain forest unless we all paid him to stop.
I believe I’ve said before:
Looking the other way while the Chinese and the Indians gamed the CFC rules was the price the IPCC paid – willingly – to keep them at least mumbling the words from the carbon hymnal for most of the last decade.
I’d bet it really was “Look, play along for a while. Once everyone else pays their fare on the bus, we’ll sneak you in through the back door and you won’t suffer any competitive disadvantage. And meanwhile you can make some money.”
Adopt a Chinese orphan?
Also known as WWAJD
Kyoto Protocol ‘loophole’ has cost $6 billion
Some SCAM facts about HFC-23. The flaw in the agreement actually encouraged the Chinese manufactures to keep on producing Freon base products that were NOT needed.
It became more profitable to produce, never sell or use them and then destroy the HFC-23.
Therefore you have full employment in the manufacture and destruction of the same product Paid for by the Western economy’s
Money for nothing and your scam for free!
On a final note these products were and are safe to use as pointed out in the Ozone hole/ DuPont patent scam.
A loophole in an important part of the Kyoto Protocol has cost nearly $6 billion, suggests new research. The loophole will now be closed, say officials.
The problem relates to the Clean Development Mechanism (CDM). This scheme allows investors in countries that have Kyoto Protocol targets to buy carbon credits by investing in projects that reduce emissions in developing countries. The credits are essentially permits to pollute in their own countries.
The controversy centers on the inclusion of refrigerant-producing factories that generate the powerful greenhouse gas HFC 23 as a by-product. Many of these factories are in China, where investors can get CDM credits for destroying HFC 23, a relatively cheap process.
Critics of this practice say it is very wasteful to use the CDM to ensure destruction of HFC 23, when it would be far cheaper to simply give the factories the money to install the equipment to destroy the gas.
OR HOW ABOUT NOT PRODUCING THE GASES IN THE FIRST PLACE = A GREAT MONEY MAKING SCAM IF I EVER SAW ONE!
I bet this part was not included in the Team’s climate model… darn, they will surely follow up with proposals and multi-million grants to study the impact of this on the planet.
wayne says:
November 8, 2011 at 9:34 am
“You cannot “trap” heat in an open ended, gravity held, atmosphere without an increase in the atmosphere’s density.”
Tell that to Judith Curry. She thinks you can. But only Luke-warmishly.
Kyoto Protocol ‘loophole’ has cost $6 billion
Some SCAM facts about HFC-23.
The flaw in the agreement actually encouraged the Chinese manufactures to keep on producing Freon base products that were NOT needed.
It became more profitable to produce, never sell or use them and then destroy the HFC-23.
Therefore you have full employment in the manufacture and destruction of the same product Paid for by the Western economy’s. Money for nothing and your scam for free!
On a final note these products are safe to use as pointed out in the Ozone/ Dupont patent scam.
A loophole in an important part of the Kyoto Protocol has cost nearly $6 billion, suggests new research. The loophole will now be closed, say officials.
The problem relates to the Clean Development Mechanism (CDM). This scheme allows investors in countries that have Kyoto Protocol targets to buy carbon credits by investing in projects that reduce emissions in developing countries. The credits are essentially permits to pollute in their own countries.
The controversy centres on the inclusion of refrigerant-producing factories that generate the powerful greenhouse gas HFC 23 as a by-product. Many of these factories are in China, where investors can get CDM credits for destroying HFC 23, a relatively cheap process.
Critics of this practice say it is very wasteful to use the CDM to ensure destruction of HFC 23, when it would be far cheaper to simply give the factories the money to install the equipment to destroy the gas.
HERE’S A IDEA HOW ABOUT NOT PRODUCING THE GAS IN THE FIRST PLACE, ANSWER IT’S TO GOOD A MONEY MAKING SCAM!
“Some SCAM facts about HFC-23. The flaw in the agreement actually encouraged the Chinese manufactures to keep on producing Freon base products that were NOT needed.
It became more profitable to produce, never sell or use them and then destroy the HFC-23.
Therefore you have full employment in the manufacture and destruction of the same product Paid for by the Western economy’s
Money for nothing and your scam for free! ”
I think this is absolutely BRILLIANT by the Chinese. Completely unethical and morally repugnant, but BRILLIANT none the less.
I, for one, welcome our new Chinese Climate Overlords.
The poor Chinese. Just wait till we hit them with the EPA ‘POW’, then we will whack them with a Gilliard ‘BAM’
while they are reeling, we will will finish them off with an ‘occupy tianaman’
no wait. that didnt work out too well last time did it?
You guys are treating this as a big joke but I wouldn’t be surprised if our government freaks out and pays off, no matter how dumb it is.
Hoser says:
November 8, 2011 at 8:28 am
China is not our friend and never will be. Those who rise to the top there are brutally competitive. Our big corporations have used government regulations to create markets and effectively shielded from competition. We can win if we let small companies grow into large ones. Current regulatory and tax conditions are not favorable.
_________________________________
Try telling that to the likes of Al Gore (USA) or Maurice Strong (Canada)
Or Bill Clinton, Gene Sperling (current and former head of the National Economic Council), and William Daley who worked tirelessly to bring China into the World Trade Organization. Daley is the current White House Chief of Staff, served as U.S. Secretary of Commerce under Clinton, and in between served on the Executive Committee of JP Morgan Chase & Co.
Of course Bill and Al were being paid by China via campaign donations…. http://www.americasfuture.net/1999/jan99/99-0131a.html and http://www.alamo-girl.com/0071.htm
The Australians can pay the ransom with their carbon tax. Problem solved. Julia Gillard will become saviour of the planet; and will be immortalized with a 300ft statue made of pure copper.