Richard Freeman and Marcia Merry Baker / Executive Intelligence Review – March 30, 2007
Look behind—if you dare—Al Gore and his science hoax, and you find the very same London-centered oligarchical financial crew that drove the 2003-2006 oil and commodity price increase, amidst the bubbles and hyperinflation that characterize the breakdown-phase of the financial system. The centerpiece of the U.S. emerging market for carbon emissions trading, is the Chicago Climate Exchange (CCX), created in 2003 as a “voluntary,” or pilot agency, part of a London-based network positioned to reproduce the oil bubble on a scale orders of magnitude greater and more dangerous, while at the same time, destroying what’s left of the physical economy.
The idea is that if governments cap CO2 emissions, then the “market” will take off for the buying and selling of emissions “allowances.” This is the whole point of the “cap-and-trade” plan for CO2. If it sounds crazy, it is. But Gore is just one of the most visible parts of the elaborate (and bi-partisan) schemes that have been set in motion under cover of climate change. Gore’s personal financial involvement is blatant, especially through Goldman Sachs—a large shareholder of CCX, and in 2004, the creator of Gore’s very own London-based hedge fund, Generation Investment Management.
CCX has multiple interconnections with the London-run Intercontinental Exchange, Inc. (ICE), whose subsidiary is the International Petroleum Exchange, the world’s largest petroleum futures and options market. The dirty details of ICE and the Great Oil Price Swindle came out extensively at a May 8, 2006 Senate Democratic Policy Committee hearing, where Sen. Carl Levin (D-Mich.) said that futures speculation on the ICE was the driver for adding $20 to $25 to the price of every barrel of oil, causing hardship to industry and households, and suffering to underdeveloped nations. (The report, “The Role of Market Speculation in Rising Oil and Gas Prices,” is still posted on Sen. Levin’s website).
Yet Al Gore got away with advocating cap-and-trade CO2 speculation at his much ballyhooed appearance before the joint House Hearing of the Energy and Science Committees March 21. Gore repeatedly told Congressmen to “put a price on carbon.” In response to Rep. Roscoe Bartlett (R-Md.), Gore said, “As soon as carbon has a price, you are going to see a wave [of investment] in it … there will be unchained investment.”
But why have neither Republicans nor Democrats challenged Gore on this? And why have they conspicuously refrained from confronting Sir Nicholas Stern—of the 2006 “Stern Review” on global warming, British Environment Minister David Miliband, and the other British “experts” streaming into Washington, D.C. in 2007, to demand U.S. “economic response” to climate change? Political amnesia. Elected officials are tightly locked in the grip of the Synarchist gamemasters—the Felix Rohatyn wing of the Democratic Party, and the George Shultz wing of the GOP—who have been in on creating this and prior swindles all along.
Link to entire article below…
http://www.larouchepub.com/other/2007/3413carbon_swindle.html
Dear Reader
There have been previous periods in World history when atmospheric concentrations of carbon dioxide have been 3000 p.p.m., namely juxtaposed against today’s 385 p.p.m., and life continued on the Earth’s surface. Moreover, earlier warmer periods were experienced, for example allowing the Vikings to settle in Greenland and Komsa trdies in Alta, Norway (hence all the heleristninger there).
What has been proposed with trading in carbin quotas is nothing more than a money market, just like derivatives products and hedge funds which many suggest should be scrapped in a general reorganisatuon of the present World banking system. All the trading agents and firms associated with derivatives products, for example, do very little to generate real wealth and just represent a burden on society as large. All the speculators on Wall Street should be scarapped, for example as proposed by Lyndon LaRouche (see LaRouchpac). That way the World systems can e streanlined to better cope with burgeoning World population. We can no longer tolerate the ineffeciicies that derivatives products represent – scrap them. All these carbon quotas proposed by Al Gore (and personelly potentially enriching his financial pockets) just represent an extra layer of ineffeiciency.
The climate conference to be held in Copenhagen, Denmark in December 2009 should have as its aim to scrap Koyoto II and concentrate more on the issue of peak oil and how to cope with reduced World oil supplies. This will be a more efficient use of delegates’ time at the climate conference.
Al Gore does not deserve his dotorate if it is based on fraudulent information and research.
Yours faithfully
T.
Comment by Tim Norris — November 10, 2009 @ 11:00 am |