UN wasting Billions on “Carbon Credits”
- Monday, May 26, 2008, 14:50
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Photo courtesy hibino and licensed by Creative Commons.
You’d think the U.N. would be more careful after it’s oil-for-food scandal, but it appears the organization continues to mismanage their assets and authority. This time, the group has been handing out carbon credits to industries that have proclaimed their programs qualify. A watchdog group has learned that many of these initiaves don’t qualify at all and no greenhouse gas is being reduced after all.
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About the Author
Michael Duvinak has written 1748 stories on this site.
A social and fiscal conservative, I scour the news for information that disputes the current man-made global warming indoctrination that takes place around the world. I take a rather sarcastic approach to reporting on the nonsense being spewed by the talking heads in the media and the governments around the world.
The Global Warming feeding frenzy is showing signs of topping (I hope). When the UN digs into the scam, surely the writing is on the wall. Excellent blog. The question keeps coming up, is it time to short carbon credits, yet? But wait! Al Gore has been selling them all along!
Thanks for the kind words. There’s always a way out for these hoaxers - this time they get to buy themselves out of having to do any real carbon-cutting.