Don't agree with Hansen much....  but hey...  he can't be wrong about everything.

And I have no love for Tony Abbott, but....  Go Tony Go!!!!!!!!!!!!

December 4, 2009
World's Leading Scientist Fighting Against Global Warming is Opposed to Cap And Trade

James Hansen is the world's leading climate scientist fighting against global warming.

Yesterday, Dr. Hansen told the Guardian:

    He is vehemently opposed to the carbon market schemes – in which permits to pollute are bought and sold – which are seen by the EU and other governments as the most efficient way to cut emissions and move to a new clean energy economy.

Therefore, Hansen says:

    It would be better for the planet and for future generations if next week's Copenhagen climate change summit ended in collapse.

Hansen has previously said that cap and trade "will not work", and he has previously called cap and trade "a Ponzi-like ... scheme".

I have repeatedly pointed out that cap and trade won't work. Indeed:

    * The economists who invented cap-and-trade say that it won't work for global warming

    * Many environmentalists say that carbon trading won't effectively reduce carbon emissions

    * European criminal investigators have determined that there is a tremendous amount of fraud occurring in the carbon trading market.

    * Former U.S. Undersecretary of Commerce for Economic Affairs Robert Shapiro says that the proposed cap and trade law "has no provisions to prevent insider trading by utilities and energy companies or a financial meltdown from speculators trading frantically in the permits and their derivatives."

    * Our bailout buddies over at Goldman Sachs, JP Morgan, Morgan Stanley, Citigroup and the other Wall Street behemoths are buying heavily into carbon trading (see this, this, this, this, this and this). As University of Maryland professor economics professor and former Chief Economist at the U.S. International Trade Commission Peter Morici writes:

         Obama must ensure that the banks use the trillions of dollars in federal bailout assistance to renegotiate mortgages and make new loans to worthy homebuyers and businesses. Obama must make certain that banks do not continue to squander federal largess by padding executive bonuses, acquiring other banks and pursuing new high-return, high-risk lines of businesses in merger activity, carbon trading and complex derivatives. Industry leaders like Citigroup have announced plans to move in those directions. Many of these bankers enjoyed influence in and contributed generously to the Obama campaign. Now it remains to be seen if a President Obama can stand up to these same bankers and persuade or compel them to act responsibly.

     In other words, the same companies that made billions off of derivatives and other scams and are now getting bailed out on your dime are going to make billions from carbon trading.

And it won't work.

Merry Xmas Malcolm and the ALP alarmists

Hansen sure knows a lot about climatology, but he doesn't know squat about market failure. I doubt that either Hansen or Grandel (Ha, sounds like Hansel & Gretel) could offer a satisfactory explanation of how cap and trade is in any way like a Ponzi scheme. But please give it a shot, Gretel. Amuse us.

Paella wrote on Dec 10^th, 2009 at 10:33pm:


Good to see you here paella.Everyone is comming out of the woodwork the last couple of days.

Quote:


MOZZ MOZZ MOZZ...  YOU DO KNOW WHOM HANSEN IS DON'T YOU?
ONE SHOULD KNOW THE MAN ONE WORSHIPS AS A GOD. 

lol

Coming from the site TROLL I suppose that's high praise.

As I said yesterday Boofhead...  I just drooped in to say Merry Xmas and dump a few topics for discussion.

I aint staying and you and your constant trolling and sniping are the main reason for that.
Hope that makes you feel good. 

Keep the lies coming dkhd

Paella wrote on Dec 10^th, 2009 at 10:33pm:


Well since the forum puppy won't do it I guess we'll have to wait until James Hansen starts posting here.

Rudd and all the other brains behind this wheeze have been saying things like this for a longish while:

"In an interview with the Herald yesterday, Mr Rudd listed the offers from China, India, the US and Europe to cut carbon emissions. The efforts so far were insufficient to meet the ."


I am amazed that he and all the others like him have the sheer chutzpah to say something like this out loud when there are other people ithin earshot. And all of you who are still nodding when you hear this sort of lunacy should check the batteries in your bvllsh!t detectors because they are obviously not working.

Not only are we changing the climate - we can control the climate! All it takes is knowing how much to turn this little knob down here, marked "CO2". Eeeeasy now... Voila! temperature change is capped at max 2 degrees.

Well, boys and girls, next we learn how to play the flute! You blow in one end and move your fingers up and down the holes - and that's it!! That wasn't too hard now, was it, boys and girl?!?

I've got a lot to learn about ETS, Carbon Tax and other options but I would consider Dubai more of a ponzi scheme than this.