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The underbelly of CO2 Environmentalism
Posted by: McQ on Friday, June 08, 2007

In light of the G8 non-agreement agreement yesterday (amazing spin on that one), we should also 'seriously consider' the reality of one of the favorite methods, internationally, for curbing C02 emissions for what it really is:
Nothing drove home Russia's place in the growing pollution-trading business better than what one carbon finance guy told me at a conference last month sponsored by Gazprom and the World Bank. We were on drink number three or four at the reception when he dropped the green pretense and came clean.

"I don't know if climate change is caused by burning coal or sun flares or what," said the Moscow-based carbon cowboy. "And I don't really give a sh*t. Russia is the most energy inefficient country around, and carbon is the most volatile market ever. There's a lot of opportunity to make money."

This is what all the PowerPoint arrows and boxes had been spelling out in bureaucratese during the conference entitled "Kyoto: Carbon Market Opportunities for Russian Enterprises," but it was nice to hear it in plain English. I toasted the fellow's honesty and promised not to use his name. Some of his colleagues, he explained, were "first generation" carbon finance types. More idealistic, they don't appreciate the crass cash take on the business.
Refreshing in his honesty and certainly pointed in his intent. Frankly, I'm of the opinion that the Carbon Market will become one giant scam (it'll make the "oil for food" scam seem like mere child's play in comparison) in which those who believe in it will think real progress is being made, while those like this fellow will pat them on the back, agree with them while taking them to the financial cleaners.
 
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Previous Comments to this Post 

Comments
I think the time is ripe to purchase several hundred acres of worthless land. In a few years, you can sell carbon credits, promising to plant trees on that land. It’s not like anyone’s going to come out to the middle of nowhere and check to see whether you’ve really planted all those trees.

Time to start raising some venture capital!

Could the carbon market be the next tulip bulb market?
 
Written By: steverino
URL: http://steverino.journalspace.com/
Ah, but then you’ll have to pay the methane tax on your forest.
 
Written By: Mark A. Flacy
URL: http://
I live on eight acres of mostly trees in the middle of somewhere remote. I wanna cash in. I will be happy to sell carbon offsets to guilty white liberals with no knowledge of science or economics. Why should the Russians get all of the gravy. Someone please tell me how to get started ripping off retarded white liberals. This way I can buy more land and sell ever more carbon credits. The world will be a better place.
 
Written By: Paden Cash
URL: http://
Paden Cash, you don’t have to buy new land, you just need to collect carbon credits on your trees, then cut them down and plant new trees so you can collect even more carbon credits.
 
Written By: steverino
URL: http://steverino.journalspace.com/
Yeah, but I want more land, it will give me more area in which to hunt down and kill innocent animals, and to dine on their carcasses.
 
Written By: Paden Cash
URL: http://
Yeah, I sorta enjoy the slightly constipated look they get when I point out to the more extreme true believers at the environmental agency where I work that Enron was all over the idea of a carbon market.
 
Written By: Terry
URL: http://

 
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