China's climate ca$h blackmail

The greenhouse gas hydro-fluorocarbon 23 (HFC-23) will be stored in tanks prior to combustion - unless we release it. Image: Mott MacDonald

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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Lance
November 8, 2011 12:45 pm

maybe this will produce the missing heat!!!!

Gail Combs
November 8, 2011 12:51 pm

Fred H. Haynie says:
November 8, 2011 at 10:03 am
If you cut off the credit here, why not cut the credits to WWF to plant trees, or to cattle feed lots to changing their feeding habits? Why do you need to use a bribe? It is like parents that pay their children to do their homework.
___________________________________
Get rid of the bribes. All they do is transfer money from the average taxpayer to the rich. (How socialism always seems to work)
If you want to get rid of cattle feed lots, then get rid of the farm subsidies for grain. The money actually ends up in the pockets of Monsanto, the grain traders, the meat packers and not in the pocket of the typical farmer.
Plant Trees?
Why the heck should WE pay for Al Gore, the World Bank, other banks, WWF, Hedge funds, and US universities endowment funds to BRIBE corrupt officials into evicting indigenous people from their farmland so we can plant an invasive biodiversity destroying tree like Eucalyptus grandis???

Neil
November 8, 2011 1:23 pm

@DirkH,
Nope; Julia would pay the ransom and then tack on a special “China Solution” tax into the 2012 / 2013 financial year. By that time, she would be kicked out and Rudd would be there to accept the world adulation that he so desperately craves.

old engineer
November 8, 2011 1:25 pm

Since the Chinese are doing this for money, not religious fervor, it should be safe to assume they are not suicide bombers. Therefore, they either:
A.) are bluffing, or
B.) are sure from their own studies, the the additional HFC-23 will not cause any additional global “climate change” ( though they should think about local consequences).
This is just more fodder for Durban.

November 8, 2011 1:57 pm

P.F. says:
“Does this situation say more about about the IPCC warmists or the Chinese communists?”
There’s really no difference at all.

Greg Cavanagh
November 8, 2011 2:12 pm

John Marshall says:
November 8, 2011 at 8:42 am
Unrepentant greed————- just about sums up Al Gore!!
Sums up every government who have taken an interest in the subject.

Bob Rogers
November 8, 2011 2:25 pm

What odds can I get on the big container being empty?

kadaka (KD Knoebel)
November 8, 2011 2:36 pm

From Gail Combs on November 8, 2011 at 12:24 pm:

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.

Funny you should mention Daley.
http://www.humanevents.com/article.php?id=47395
This bit quotes a Wall Street Journal piece, which I’ve learned can become mysteriously suddenly paywalled:

On Monday, Mr. Daley turned over day-to-day management of the West Wing to Pete Rouse, a veteran aide to President Obama, according to several people familiar with the matter. It is unusual for a White House chief of staff to relinquish part of the job.
A senior White House official who attended Monday’s staff meeting where Mr. Daley made the announcement said that his new role has not yet been fully defined. But in recent weeks, Mr. Daley has focused more on managing relations with influential outsiders.

Apparently Daley shall now be concentrating on what is a presumably-legal form of WH influence peddling, servicing “influential outsiders” as the ‘Bama’s campaign ramps up and has to raise serious campaign cash.

Ulrich Elkmann
November 8, 2011 3:01 pm

Juice says:
November 8, 2011 at 8:36 am
“One person used the right word, extortion. Blackmail involves the release of embarrassing or implicating information.”
In this case it will count as blackmail too. The warmists and eurocrats have managed to paint themselves into such a corner that they can be led by the nose by nose-thumping communists; and if such a release has zero effect on the climate their AGW spiel will be shown to all the world as a fraud…
So in either case the information will be made public that the planet savers, bar none, are not just idiots, but FUCKING idiots.

JEM
November 8, 2011 3:28 pm

I’ll still contend that this was neither a “loophole” nor a “scam” in the sense that the Indians and most especially now the Chinese were taking advantage of an oversight in Kyoto or doing anything that they hadn’t agreed to.
If we ever get a ‘Climategate’ dump regarding the Kyoto negotiations I’m quite sure that we’ll find out that at least the important players had quietly agreed to this, and that it was part of the price for getting the Indians and the Chinese to play along for another few years.
Same reason the Russians got a sweetheart Soviet-era CO2 baseline from which to calculate their “reductions”, giving them decades of carbon credits to sell.

D. J. Hawkins
November 8, 2011 6:16 pm

Olen says:
November 8, 2011 at 8:51 am
Is that the stuff used to suppress fires? Still the global warming crowd must be going through hell.

No. It is a by-product in the production of the refrigerant HFC-22. A number of other hydroflurocarbons (HFC’s) are used as “clean agents” in fire suppression. DuPont is a major supplier. Most of them are being targeted for phase out by the Montreal Protocol. It will really suck to be Google then, if they get a fire going in a server farm.

November 8, 2011 6:50 pm

Yes I agree, China has us or rather some of us, weighed up for sure. Although with massive environmental problems they are still engaging in the manufacture of windmills and solar panels and out preforming Europe and America. But with the BBC Panorama station now critical of wind turbines and the expensive subsidies. See Tory Aardvark site. If the BBC is wary of climate alarmists and these clean energy supplies we might be seeing a clearing at last. I wish I were a fly on the wall at Durban, don’t you Anthony? But Australia is still lagging behind the world

MikeN
November 8, 2011 7:15 pm

How much HFC does this mean?

eyesonu
November 8, 2011 7:29 pm

Scott Covert says:
November 8, 2011 at 8:24 am
HA! I love it!
Not that their releases would have any effect on climate, except micro climates near the release points for a few hours and dead birds.
I think China is “mooning” the warmistas. Go ahead and dump it China, it isn’t like you haven’t been dumping all of it you can in secret already.
Is it wrong that this made me smile? Am I a bad person or just so tired of politics that I’m punch drunk?
————————
I share your thoughts. I think I trust the Chinese more than the EPA and the green lobby. Well ……. actually I do.

November 8, 2011 8:15 pm

eyesonu. LOL. I just think the Chinese are looking at the rest of the countries heavily in debt partly caused by subsidies for clean energy. And maybe they are indirectly giving a warning to Oz. With the carbon tax passing the Upper House yesterday, the Greens hugging each other,
like some ultra superior creatures, who wish to control our lifestyle like theirs would be, I wonder how many will get in at the next election. I am not convinced the Opposition other than Sen,.Barnaby Joyce are not up front with their stance against a carbon tax. It would seem they do believe in AGW? Well so Tony Windsor said in a letter to me.

lucien
November 8, 2011 8:43 pm

The freon story is a complete hoax too!
The success of the montreal protocol based on “bad science” as open the way to the anthropic origine of the global warming hoax !
For, the chinese something is clear, they have been cheated since they have builds factory to produce freon if they manage to get some refund nothing surprising .

Pat Heuvel
November 8, 2011 9:23 pm

Douglas DC:
Bond arrives in his tricked out Chevy Volt-oh, wait…
Of course it’s hilarious – it’ll be a Prius.

JPeden
November 8, 2011 9:33 pm

Kind of reminds me of the enlightened opportunism my friend’s son showed when his elementary school was trying to teach the class how to manage money. The school gave the class members each a certain amount of fake money. The object was for them to make deals with each other and see who had the most money at the end.
So my friend’s son sold all his fake money to them for real money.

DMarshall
November 8, 2011 9:55 pm

Anyone who trusts the Chinese leadership is an utter fool. I’ve been saying for over 25 yrs that they cannot be trusted but we’ve gone ahead and enriched them beyond their wildest dreams, crow about our “freedoms” while turning a blind eye to their enslavement of a significant percentage of their population so our Nikes and iPhones can be 25% cheaper and there are no repercussions for decades of industrial espionage. And then there’s their currency manipulation.
And we should not give in to blackmail – they may make a lot of the world’s stuff but they still need many things from outside. Let’s see what happens if no one wants to trade with them – I’ll make an exception for North Korea.

Editor
November 8, 2011 10:56 pm

The Chinese forgot to say “And pay us BEEEEEELYUNS of dollars!” (pinky finger pointing to dimple…)

November 8, 2011 11:23 pm

D Marshall well said. I don’t trust them either, but I also fear them, with our PM inviting them to participate in mutual war games in our harbours etc. But we all owe them billions already. But this last scam is likely to show their true colors,

Peter Wilson
November 8, 2011 11:01 pm

Actually I think this is great news. By exposing the moral corruption and intellectual bankruptcy of carbon offsetting, as well as demonstrating the potential for shakedowns like this one, the insanity of a scheme which pays firms huge sums to dispose of something they need to dispose of anyway is laid bare before an incredulous public. It will be very hard to defend carbon trading schemes in future without having this sordid little episode thrown in your face.
As for the HFC 23 -go ahead, make my day.

Ian Hoder
November 8, 2011 11:06 pm

Lol… I thought it was wrong of me to find this hilarious but apparently I’m not the only one that does. The sad part is that there will probably be a secret payout made through the IPCC (or is it WWF?) to them that will cost taxpayers billions.

Larry Fields
November 8, 2011 11:48 pm

I have a stupid question. It’s my understanding that difluoromethane and AC mixtures that contain it, render the newer air conditioners less energy-efficient than the older designs that use politically incorrect freons. Is that right?
If so, and if the stories about the Anthropogenic Chloro-organic and Bromo-organic Ozone-Eating Monsters are accurate, then these newer refrigerants pose an interesting trade-off: energy efficiency vs skin cancer risk reduction in certain parts of the world.

Larry Fields
November 8, 2011 11:56 pm

Oops, I should have said chlorodifluoromethane, rather than difluoromethane.