Originally Posted by
flensr
Look at this document. $.20 per ton of carbon is merely the trading fee... People are getting filthy rich off of making up rules and shuffling around carbon credits. Almost every paragraph in this document has a requirement for a governing body to approve something, authorize something else, license and approve "third party" inspectors (after taking their fee of course), set standards, change the standards and require re-certification (with more fees of course), etc etc. If this document showed up in your email you'd recognize it for the pyramid scheme scam that it really is, yet it's actually a real thing foisted off on the entire world. This is simply how it's being implemented in one place, and the entire document is one huge multilevel marketing scheme everyone has to participate in but has no say in who sets fees, who takes a cut, who authorizes who can play, etc.
Got a bunch of smaller participants who need to aggregate their efforts in order to qualify? 8%-10% "aggregation fee" in addition to all the other transaction fees, just for shuffling paperwork and handling approvals. That's a LOT of money moving around and going into the pockets of a very limited number of people enforcing rules nobody ever voted on and with no real oversight by elected officials.
http://www.myminnesotawoods.umn.edu/...-seq1-5-12.pdf
Scammity scam scam.
the scam is the fact that Exxon conducted studies that identified carbon pollution as a cause of climate change in the late 70's, but chose to spread misinformation and bogus science to hide the facts and confuse the general public. you're right about there being lots of money made in regard to climate politics, but it's the oil industry that's been running the scam, not some company building wind farms. that carbon sequestration program you're referencing, which honestly doesnt seem like a scam at all from my view, is an absolute drop in the bucket compared to the corruption of the oil and gas industry
https://www.scientificamerican.com/a...-40-years-ago/