The Carbon Trading Scam: Let Them Eat Dirt
It all started out as a simple, money-making scam. In the late nineties, members of the UN’s International Panel on Climate Change (IPCC) were tasked with assessing the scientific validity of the Kyoto Protocol.
The Protocol was an international emissions reduction treaty which required signatories to cut overall greenhouse gas emissions.
The IPCC subsequently produced the Special Report on Land Use, Land Use Change, and Forestry.
The report found that “carbon offsets” and “carbon trading” were viable ways to barter the right to pollute, because they would fund new forestry initiatives. But one critical detail was never disclosed in the report.
That is: members of the IPCC, such as Pedro Moura-Costa (above) and Gareth Philips, had major conflicts-of-interest. They owned, created and/or worked for businesses — such as Ecosecurities and SGS Forestry — that would directly benefit from the report’s conclusions…