Organized Crime in Charge of EU Carbon Trade, Europol Says
Ersjdamoo’s Blog
“In the US, the derivatives market regulator has issued a whistleblower alert relating to fraud and misconduct in carbon markets and has created a new environmental fraud taskforce.” [1]
A study released last week could portend billions of dollars in losses for speculators in carbon offsets. Many of the carbon credits purchased by polluting corporations amount to little more than “hot air”. [2]
Carbon credits are essentially predicting whether someone will chop down a tree, and selling that prediction, said one study author. [2] A carbon credit or offset credit is a transferrable financial instrument (i.e. a derivative of an underlying commodity) certified by governments or independent certification bodies to represent an emission reduction that can then be bought or sold. [3] Some banks have huge derivative holdings. For example, Goldman Sachs Bank USA, holds more than $53 trillion in derivatives. [4]
Data on groundwater levels across the U.S., compiled by The New York Times, shows that over the past 40 years groundwater levels at most of the sites surveyed have declined. “At 11 percent of the sites, levels last year fell to their lowest level on record.” NYT is alarmed. “The U.S., in other words, is taking water out of the ground more quickly than nature is replenishing it.” [5]
——- Sources ——-
[1] “Beats Were Beaten Down”, Ersjdamoo’s Blog, August 29, 2023. https://ersjdamoo.wordpress.com/2023/08/29/beats-were-beaten-down/
[2] “Study Finds Carbon Offset Schemes ‘Significantly Overestimating’ Deforestation Claims”, Common Dreams. https://www.commondreams.org/news/carbon-offset-deforestation
[3] “Carbon offsets and credits”, Wikipedia. Accessed August 29, 2023. https://en.wikipedia.org/wiki/Carbon_offsets_and_credits
[4] “Mannarino: Major Banks in Big Trouble”, Ersjdamoo’s Blog, June 5, 2023. https://ersjdamoo.wordpress.com/2023/06/05/mannarino-major-banks-in-big-trouble/
[5] “The Morning: Uncharted waters”, New York Times mass email, August 29, 2023.
[…]
Via https://ersjdamoo.wordpress.com/2023/08/30/carbon-credits-questioned/
The Most Revolutionary Act 
The only carbon these parasites are trying to get rid of is you and me!
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Hear! Hear! I second that comment by papasha408. That is SO true, it ain’t even funny and the fact of the matter is, they are not even trying to hide what they are doing anymore which tells us exactly where we stand if anyone was in any doubt. Everything that is being done is to eradicate us; each and every single one of us. Anyone who lives in the states cannot help but be completely aware of that.
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You’re absolutely right, you two, that they have ceased trying to hide their evil deeds. To me it’s symptomatic of their extreme desperation. They know the Western system is going down and they’re flailing around as if they’re drowning.
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