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Thread: Carbon Credits

  1. #1
    Defense Professional highsea's Avatar
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    Carbon Credits

    What with Nancy Pelosi spending something like $90,000 of taxpayer dollars on carbon credits for the Capitol, and Al Gore buying them from himself for his mansion, I think this is going to be the scam of the decade.

    Since the US gov't has decided to eliminate traditional manufacturing in our country, and I am a machine shop owner, I though I would manufacture some carbon credits instead.

    Here's my plan: For every $70.00 sent to me, I will shut down a machine for one hour. The electricity I don't use, and the aluminum I don't cut up into helicopter parts will save lots and lots of carbon. I will email a $70.00 carbon credit (in pdf form to save trees, suitable for e-framing) to everyone who sends me money.

    With the money I make from manufacturing these carbon credits, I will buy more machines to make more carbon credits...

  2. #2
    Senior Contributor gunnut's Avatar
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    I think you just nailed down the scam proposed by the tree huggers.

    I have a better proposal. Give me money or I'll turn on all my appliances and burn gasoline for no good reason.
    "Only Nixon can go to China." -- Old Vulcan proverb.

  3. #3
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    I've been toying with the idea of selling off my excess carbon on E-bay for awhile now, just for the sheer absurdity of it.

    btw, Do you happen to know where Pelosi is purchasing these credits from?

  4. #4
    Defense Professional highsea's Avatar
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    Quote Originally Posted by Wooglin View Post
    ...btw, Do you happen to know where Pelosi is purchasing these credits from?
    Something called the Chicago Climate Exchange. Apparently they purchase carbon credits from suppliers (?) like Al Gore and resell them on the exchange, lol.

    Only in America.

  5. #5
    Senior Contributor gunnut's Avatar
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    How does Rev. Al generate these credits?

    This is one good scam he has going. Way better than being the president and get blamed for everything wrong in the world.

    Hmmm...Chicago you said...isn't Jesus Obama from there?
    "Only Nixon can go to China." -- Old Vulcan proverb.

  6. #6
    Contributor captain's Avatar
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    If Big Al can do it, we all can!

    Hi Guys,
    You fellas are on the right track but you are not quite devious,,,,err, I mean, thinking laterally enough yet.

    I think I shall toy with the idea of creating my own carbon offset company.
    I will set it up as a trust, which attracts minimal tax.
    Of course the trust company will have to have a CEO (me), an administrator (me), a secretary (me), various other flunkies (me), all of whom shall have to be paid a wage and if there is anything left after legitimate overheads then my trust company will hire someone (me) to plant a tree or two, which the local city council will supply gratis because they are happy to do their bit to save the planet.
    The land to plant the trees on is mine and shall be leased to the trust company for a fair and reasonable price of course.

    Now all we need all do is hire someone to develop a nice web site (tax deductable) and invite everyone to send my company lots of cash so I can relieve them of their guilt.

    This is not my original idea so Penn and Teller can explain it further for you.
    Take particular notice of the woman with her own site called, Atmosclear Climate club.

    Penn and Teller ******** being Green, Part two of three.



    Cheers.

  7. #7
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    Quote Originally Posted by captain View Post
    Hi Guys,
    You fellas are on the right track but you are not quite devious,,,,err, I mean, thinking laterally enough yet.

    I think I shall toy with the idea of creating my own carbon offset company.
    I will set it up as a trust, which attracts minimal tax.
    Of course the trust company will have to have a CEO (me), an administrator (me), a secretary (me), various other flunkies (me), all of whom shall have to be paid a wage and if there is anything left after legitimate overheads then my trust company will hire someone (me) to plant a tree or two, which the local city council will supply gratis because they are happy to do their bit to save the planet.
    The land to plant the trees on is mine and shall be leased to the trust company for a fair and reasonable price of course.

    Now all we need all do is hire someone to develop a nice web site (tax deductable) and invite everyone to send my company lots of cash so I can relieve them of their guilt.

    This is not my original idea so Penn and Teller can explain it further for you.
    Take particular notice of the woman with her own site called, Atmosclear Climate club.

    Penn and Teller ******** being Green, Part two of three.



    Cheers.
    Giz a job?

  8. #8
    Defense Professional highsea's Avatar
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    Quote Originally Posted by gunnut View Post
    ...This is one good scam he has going.
    I think we could extend it to other problems as well. We could sell acid rain credits, poverty credits, disease credits, overpopulation credits, and so on.

    Poor countries would buy poverty credits to offset their large populations of poor people, countries in Africa would purchase malaria credits, AIDS credits, China and India would buy overpopulation credits.

    Genocide, human rights violations, the list is endless. I think with a little creative thinking, we could solve all the world's ills.

  9. #9
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    Carbon credits are essentialy just a tax and totaly ridiculous - IF there a problem then we need another power source totaly and not trading for tax, the carbon credits are a way of governments imposing a greater tax and claiming to act for our benefit.

    If there is a problem though an alternative energy supply should be able to run factories etc - note the nuclear fusion project in France etc...

  10. #10
    Senior Contributor gunnut's Avatar
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    Quote Originally Posted by snapper View Post
    Carbon credits are essentialy just a tax and totaly ridiculous - IF there a problem then we need another power source totaly and not trading for tax, the carbon credits are a way of governments imposing a greater tax and claiming to act for our benefit.

    If there is a problem though an alternative energy supply should be able to run factories etc - note the nuclear fusion project in France etc...
    The problem with alternative energy source is oil. Oil is too cheap, even at $100 a barrel. Why generate energy at an equivalent of $150/bbl when you can dig in the ground and get it for $100/bbl?

    Any form of alternative energy must be commercially viable and stand on its own merit before it can replace oil. We definitely should not have the government pumping money into any alternative fuel source like ethanol or windmills. Government only distorts the market.

    Carbon credit is just a way for Rev. Al to make money from his hair-brained scheme. It accomplishes absolutely ZERO.
    "Only Nixon can go to China." -- Old Vulcan proverb.

  11. #11
    aspiring grumpy old fart Military Professional 7thsfsniper's Avatar
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    Quote Originally Posted by gunnut View Post

    Carbon credit is just a way for Rev. Al to make money from his hair-brained scheme. It accomplishes absolutely ZERO.
    It could make me rich off the backs of fools I swear I'm going to go into business selling carbon credits and giant meteor impact insurance. I'll think I may also offer zombie outbreak insurance as well
    THE WELFARE OF HUMANITY IS ALWAYS THE ALIBI OF TYRANTS- ALBERT CAMUS

  12. #12
    Senior Contributor kuku's Avatar
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    I know of a couple of villages that installed little biogas plants, which helped them make some electricity, and i also know of a couple of micro hydel power projects (below or at 5MW) that earn a lot of money from them, and a beer brewery that is doing the same (by capturing all the GHG it used to emit). Along with a whole lot of wind farms and what not. And i have seen many businesses being denied any carbon credit at all in spite of saving up on GHGs.

    The funniest one that i have seen was an old hotel which changed bulbs and replaced them with CFLs, replaced the old chokes with electronic ones (?).

    If you are looking at it for business i could set you up with a couple of people starting up micro-hydel plants. However selling credits to such individuals is just not worth it, much better deals exist.
    (I think the figures are about 60000 carbon credits per year if we can find 5X5MW hydel projects.)

    If only the financial firms involved in carbon trading could get US into this, that would make this a huge industry.

    I think this is worth investing for people in this trade (to bombard US citizens with lots and lots of campaigns till they give in).

    All of this money can be used for development if they introduce a cap on India and China (as in only this much credits they can sell) so that other nations in need for development can use this for good, well not that India is all that developed, i have seen this money do some real good at rural level, China claims tremendous economic power, so at least put a cap on them. I figure that if this money is going to be made, the world might as well use this for some good.
    cheers

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