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The $10 Trillion Climate Fraud

www.investors.com  28 April 2010

Cap-And-Trade: While senators froth over Goldman Sachs and derivatives, a climate trading scheme being run out of the Chicago Climate Exchange would make Bernie Madoff blush. Its trail leads to the White House.

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Media release by the Major Electricity Users’ Group (MEUG)

Review of ETS timing is needed  

“The announcement yesterday by the Australian Government of a significant delay to an ETS in Australia is a game-changing event that will impact every NZ householder and business” said Ralph Matthes, Executive Director of the Major Electricity Users’ Group (MEUG).

“To continue implementing the NZ ETS as if nothing has happened is simply putting ones head in the sand.  Government needs to assess the situation now and not wait to review the situation next year.

“MEUG notes as a result of the Australian decision, NZ households and businesses will from 1st July this year be paying approximately $240m per annum more for their electricity because of the NZ ETS than Australian households and businesses.

To the National Caucus from Barry Brill (Chairman, NZCSC) 27 April 2010

Dear Nikki

Will Shakespeare said:

"There is a tide in the affairs of men, which taken at the flood, leads on to fortune.
Omitted, all the voyage of their life is bound in shallows and in miseries.
On such a full sea are we now afloat.
And we must take the current when it serves, or lose our ventures."

The tide of anthropogenic global warming is ebbing - fast. The ETS tax was rushed through in December when the tide was still flowing. Only days later, at Copenhagen, it turned.

Now people began to hear the criticisms. Climategate and doctored figures..the many flaws in the IPCC.. no warming this century.. missing heat and data.. money scams and carbon frauds.. NIWAgate in NZ.

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To John Key from Alan Nic.... April 2010

I'd like to add my voice to those calling on the ETS to be scrapped or at 
least deferred until Australia makes a decision to go ahead.

Please don't refer me to Nick Smith for any sensible response as I believe he 
is either too arrogant or proud to admit his mistake and backtrack on this 
stupid piece of legislation

It is my view that the scheme is flawed and for New Zealand to AGAIN be a 
leader in expensive unproven projects smacks of the old Labour Government 
thinking.

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Stop Misleading The Public, Dr Smith

John Boscawen MP, ACT New Zealand
Friday, April 30 2010.


ACT New Zealand Climate Change Spokesman John Boscawen today demanded Climate Change Issues Minister Dr Nick Smith stop his misleading, contradictory and inconsistent justifications for the New Zealand ETS and be honest to New Zealanders about the financial burden he insists on imposing on the country.
 

It is impossible to have any confidence in Dr Smith as Minister - he's in denial about the futility of the ETS; scrambling to justify a scheme that, while making no difference to the world climate, will come at a huge cost to our economy," Mr Boscawen said.


"Minister Smith has regularly played politics and made misleading statements.  For example:  Nick Smith said the ETS isn't a tax because foresters receive credits.  Fact: for practical purposes the ETS is a tax on our economy, subsidies to foresters notwithstanding.

Dr Smith Confuses EU With New Zealand On ETS

John Boscawen MP, ACT New Zealand
Werdnesday, April 28 2010.

Environment Minister Dr Nick Smith’s claim that 29 individual countries have implemented an ETS is flawed at best – Dr Smith is confusing an ETS across an entire trading bloc with one that affects an individual country, ACT New Zealand Emissions Trading Scheme (ETS) Spokesman John Boscawen said today.


“The European Union ETS increases costs across an entire bloc of countries – putting them all at an equal disadvantage.  New Zealand, however, will be disadvantaged by having an ETS when none of our major trading partners have similar schemes,” Mr Boscawen said.


“Another important difference is that the European ETS excludes petrol – and when France tried to include petrol with a carbon tax earlier this year, Present Sarkozy abandoned the move after suffering huge losses at regional elections.


“It must also be remembered that the EU ETS has been structured in such a way that there have been massive exemptions and allowances so it doesn’t apply to large parts of the European economy.

Arctic warming likely to reverse - scientist

Rianovosti 27 April 2010

Warming in the Arctic is likely to turn into cold and further records of the minimum amount of drift ice in the area will not be set, the head of a Russian Arctic expedition said on Tuesday.

"I think the repetition of this event is next to impossible...There are hints that the trend has changed its direction," Vladimir Sokolov said, referring to the recent forecast of global Arctic warming.

The scientist said the outlook from drifting stations showed that ice coverage had grown; the temperatures had become colder in winter while precipitation in summer had decreased.

In 2007, scientists observed the unique situation when drift ice in the area of the Arctic Ocean reached a record-breaking minimum.

Sokolov said the forecasts predicting the future

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“Sunset looms for Global Warming Industry.”

 

The Carbon Sense Coalition today called for Sunset Clauses to be inserted in all past and future Global Warming legislation.
 
The Chairman of “Carbon Sense”, Mr Viv Forbes, said that even though the Ration-N-Tax Scheme is on ice, Governments are still wasting billions of dollars to create an artificial global warming industry.
 
“As an example, the Australian government is spending $800 million per year on climate change research and probably more on carbon geo-sequestration. And every state has its own bloated climate change and energy bureaucracies.
 
“Next we are promised the “Mother of all Renewable Energy Schemes” to cost untold billions.
 

Rodney Hide Open Letter to John Key 29 April 2010

To view the Honourable Rodney Hide's letter to the Prime Minister John Key:

 please click here.

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Speaker Confirms ETS Repeal Process

John Boscawen MP, ACT New Zealand
Thursday, April 29 2010.

Speaker Lockwood Smith today confirmed that the House could use exactly the same procedure that it used to pass the tax rises on tobacco - extraordinary urgency - to amend the Government’s ETS and delay its introduction, ACT Climate Change Spokesman John Boscawen said today.

"In response to my oral question, Minister for Climate Change Issues Nick Smith refused to acknowledge the simple process to disentangle New Zealand from a costly Emissions Trading Scheme," Mr Boscawen said.

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