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CNN has reported that the U.N. is putting the brakes on funding wind farms in China under a carbon credit scheme that has all the appearances of a scam.

With the knowledge that scientists have been cooking the books and that carbon credits are nothing but a giant Ponzi scheme, one wonders how long the charade can last.  Politicians are lining up at the trough.  In the West, they have to leave the government to really make the big bucks, which is where we see Al Gore.  Theft through taxes was not enough for these guys.  So there is collusion between the West, the East and countries in between.  A new way to get money away from the people and into the pockets of dictators and corrupt regimes.  If you’re like China, you can get huge sums of money to ensure that you go along with any other climate change talks.

Don’t believe that a lot of money is involved, then take a look at this:

China has earned 153m carbon credits, worth more than $1bn and making up almost half of the total issued under the UN-run programme in the past five years, according to a Financial Times analysis. The credits are currently trading at about $10-$15 each.

Will anything be agreed in Copenhagen next year?  Follow the money and it will tell you that economic disaster will be the result…and yes, the politicians are already bought and paid for…stories like this will be buried within a couple of weeks.

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