Romania probes carbon credits theft from Swiss Holcim

Romania probes carbon credits theft from Swiss Holcim

This is an outrage. (Notice they call this a "scheme".) It should be placed under the RICO Act.

Late November, Holcim informed authorities about "10 unauthorised transfers of polluting rights from two of its accounts opened at the national registry of carbon credits."
Romanian prosecutors have requested rogatory commissions in Italy, Britain, Liechtenstein, Belgium and Israel.
According to Romanian daily Gandul, the polluting rights were first transferred to Liechtenstein and then resold.
The EU on Thursday extended a halt on trading in carbon credits ordered after hackers broke into national trading registries and stole and then sold millions of euros worth of polluting rights.
Trading was first suspended on January 19.
The European Union Emission Trading Scheme (ETS) is the largest multi-national, greenhouse gas emissions trading scheme in the world, with about 12,000 companies on the exchange

US Orders Blackout

I have to admit, I wondered what they meant when they said that SWAT teams were sent to OIL RIGS in the Gulf of Mexico last week, I thought it was a spoken error on the news reader's part, but according to this article, it is NOT:

This what Europeans are reading:

EU Times:
, Obama Ordered Media Blackout

A grim report circulating in the Kremlin today written by Russia’s Northern Fleet is reporting that the United States has ordered a complete media blackout over North Korea’s torpedoing of the giant Deepwater Horizon oil platform owned by the World’s largest offshore drilling contractor Transocean that was built and financed by South Korea’s Hyundai Heavy Industries Co. Ltd., that has caused great loss of life, untold billions in economic damage to the South Korean economy, and an environmental catastrophe to the United States.

To the attack itself, these reports continue, the North Korean “cargo vessel” Dai Hong Dan believed to be staffed by 17th Sniper Corps “suicide” troops left Cuba’s Empresa Terminales Mambisas de La Habana (Port of Havana) on April 18th
whereupon it “severely deviated” from its intended course for Venezuela’s Puerto Cabello bringing it to within 209 kilometers (130 miles) of the Deepwater Horizon oil platform which was located 80 kilometers (50 miles) off the coast of the US State of Louisiana where it launched an SSC Sang-o Class Mini Submarine (Yugo class) estimated to have an operational range of 321 kilometers (200 miles).

On the night of April 20th the North Korean Mini Submarine manned by these “suicidal” 17th Sniper Corps soldiers attacked the Deepwater Horizon with what are believed to be 2 incendiary torpedoes causing a massive explosion and resulting in 11 workers on this giant oil rig being killed outright. Barely 48 hours later, on April 22nd , this North Korean Mini Submarine committed its final atrocity by exploding itself directly beneath the Deepwater Horizon causing this $1 Billion oil rig to sink beneath the seas and marking 2010’s celebration of Earth Day with one of the largest environmental catastrophes our World has ever seen.

Charles Krauthammer

The Last Word

"As the night follows the day, the VAT cometh. With the passage of Obamacare, creating a vast new middle-class entitlement, a national sales tax of the kind near-universal in Europe is inevitable.

... As Obama has repeatedly insisted, the real money is in health care costs -- which are now locked in place by the new Obamacare mandates. That's where the value-added tax comes in. For the politician, it has the virtue of expediency: People are used to sales taxes, and this one produces a river of revenue.

Every 1 percent of VAT would yield up to $1 trillion a decade (depending on what you exclude -- if you exempt food, for example, the yield would be more like $900 billion). It's the ultimate cash cow.

Obama will need it. By introducing universal health care, he has pulled off the largest expansion of the welfare state in four decades. And the most expensive.

Which is why all of the European Union has the VAT. Huge VATs. Germany: 19 percent. France and Italy: 20 percent. Most of Scandinavia: 25 percent. American liberals have long complained that ours is the only advanced industrial country without universal health care. Well, now we shall have it. And as we approach European levels of entitlements, we will need European levels of taxation."

--columnist Charles Krauthammer