I met with carbon credit traders years ago in London when this type of scheme was originally tried out. They complained of having little to do and of a disfunctional market as credit only flowed from developing to developed and how much of that was bona-fide was questionable. The financialisation of the carbon market didn't work then and probably won't work now but no-one will admit it.
If you are still in contact with those carbon credit traders, it would be helpful to learn more about what they told you. We can use this thread as an open source intelligence gathering too. I would like to dive deeper into this topic. I have various institutional names for which I can pull on the threads of - but historical precedents on capital outflow from the developing world to the developed world in terms of carbon credit trading, would be very useful information.
That's interesting and somewhat encouraging. I don't think it is supposed to 'work' as they outline in their green vision. I believe the way it is supposed to work, is just to create a new industry, soak up existing FIAT liquidity, then create new liquidity that is tradeable and interchangeable with CBDC tokens. The financialisation of nature's resources is the end-goal, after some theatrics and reforestation gestures.
Corporatocracy whereby countries have their natural resources - rivers, farmland, etc, privatized and controlled by corporations as a new financial market for those in the club to invest in.
Unfortunately not, I departed that world many years ago. By that time I thought American Psycho the most appropriate film made and dreamed of refurbished Belfast's guns turning north and firing salvo after salvo. I seem to remember it was Tullett Prebon at the forefront of the 'carbon market', the interdealer broker extraordinaire but might be wrong. I agree with your assertion that this is smoke and mirrors as the first try appeared to be to my mind. Just another way to indebt the developing world, enforce geopolitical strategy and profit from the market a la 'Diary of an Economic Hitman'... Same shit, different circles.
Good article Nicholas, and important. What blows me away is how anyone who has taken 7th or 9th grade science class, knows that carbon is a basic element and is present in pretty much everything. In biology we learned that plants breathe carbon and emit oxygen. The entire thing has always seems as a gigantic hoax to me, no less than the scam demix hoax.
Yes that's a great point. The psychopaths want to disconnect us from nature. They're already seeding the idea of animals being dirty and dangerous with the scamdemic narratives. Now it's the Co2 hoax. Protect us from essential life giving elements to the extent of herding us into smart cities for our own good. Government land grabs under the auspices of conservation. Paying farmers not to farm. What a joke.
It is all totally insane. For billions of years human beings live here. We are indoctrinated to believe that the present is the most advanced human society ever. Yet, if one takes a short trip to just Ankor Wat, or across the Bay of Bengal to India and Sri Land, we easily find so many incredible temples, that no one can build today, even with all the power tools. When I see the great cathedrals of Europe built hundreds of years ago, it is clear that we have nothing today superior.
I met with carbon credit traders years ago in London when this type of scheme was originally tried out. They complained of having little to do and of a disfunctional market as credit only flowed from developing to developed and how much of that was bona-fide was questionable. The financialisation of the carbon market didn't work then and probably won't work now but no-one will admit it.
If you are still in contact with those carbon credit traders, it would be helpful to learn more about what they told you. We can use this thread as an open source intelligence gathering too. I would like to dive deeper into this topic. I have various institutional names for which I can pull on the threads of - but historical precedents on capital outflow from the developing world to the developed world in terms of carbon credit trading, would be very useful information.
That's interesting and somewhat encouraging. I don't think it is supposed to 'work' as they outline in their green vision. I believe the way it is supposed to work, is just to create a new industry, soak up existing FIAT liquidity, then create new liquidity that is tradeable and interchangeable with CBDC tokens. The financialisation of nature's resources is the end-goal, after some theatrics and reforestation gestures.
Corporatocracy whereby countries have their natural resources - rivers, farmland, etc, privatized and controlled by corporations as a new financial market for those in the club to invest in.
https://www.zerohedge.com/markets/ceo-top-carbon-credit-certifier-steps-down-after-report-finds-phantom-credits
QED!
Ha 'phantom credits'. Great to see the scam getting called out. Thanks for sharing that.
Very well sourced article
Unfortunately not, I departed that world many years ago. By that time I thought American Psycho the most appropriate film made and dreamed of refurbished Belfast's guns turning north and firing salvo after salvo. I seem to remember it was Tullett Prebon at the forefront of the 'carbon market', the interdealer broker extraordinaire but might be wrong. I agree with your assertion that this is smoke and mirrors as the first try appeared to be to my mind. Just another way to indebt the developing world, enforce geopolitical strategy and profit from the market a la 'Diary of an Economic Hitman'... Same shit, different circles.
Good article Nicholas, and important. What blows me away is how anyone who has taken 7th or 9th grade science class, knows that carbon is a basic element and is present in pretty much everything. In biology we learned that plants breathe carbon and emit oxygen. The entire thing has always seems as a gigantic hoax to me, no less than the scam demix hoax.
Yes that's a great point. The psychopaths want to disconnect us from nature. They're already seeding the idea of animals being dirty and dangerous with the scamdemic narratives. Now it's the Co2 hoax. Protect us from essential life giving elements to the extent of herding us into smart cities for our own good. Government land grabs under the auspices of conservation. Paying farmers not to farm. What a joke.
It is all totally insane. For billions of years human beings live here. We are indoctrinated to believe that the present is the most advanced human society ever. Yet, if one takes a short trip to just Ankor Wat, or across the Bay of Bengal to India and Sri Land, we easily find so many incredible temples, that no one can build today, even with all the power tools. When I see the great cathedrals of Europe built hundreds of years ago, it is clear that we have nothing today superior.