https://calwatchdog.com/2013/07/18/corporate-pirates-gaming-ca-cap-and-trade-system/ Tue, 23 Jul 2013 07:43:47 +0000 hourly 1 https://calwatchdog.com/2013/07/18/corporate-pirates-gaming-ca-cap-and-trade-system/#comment-13685 Fri, 19 Jul 2013 15:14:26 +0000 http://www.calwatchdog.com/?p=46156#comment-13685 Lets say I set up a trading company or exchange in some part of the world, Iceland, Patagonia or Bulgaria for instance and I trade carbon credits worldwide. Who gives accreditation? The IPCC or the U.N. or some other prestiges institution with a fondness for sleazy or corrupt dealings. Having got my bona fides I start doing business trading credits to California industry from somebody somewhere and supply a fancy certificate in a beautiful frame.
Of course I might get shut down eventually, until then I have a tidy sum of money. Enough money to ease my way out of any legal troubles, that and a long list of enablers should protect me.
Of course the know it alls can claim they knew nothing and such schemes were “unanticipated & unexpected”, as is always the case.
This could never happen in the real world, only in Hollywood.

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