Am I to understand that "the right to pollute" has now become a commercialized commodity? something that can be bought and sold if the price is right?
Whereby the elite who have looted all the wealth through insider trading, fraudulent banking practices and horizontalizing of free energy inventors will be the only ones who can afford those carbon taxes in any sizable amount?
Quoting: pimp_my_planetNo thats not how it is ill explain it.
A power generation company which emits massive amounts of carbon dioxide(which doesn't harm anything).
They will get a limit that they will have to either stop polluting or buy credits to pollute more.
So what they do is, setup other companies, which dont pollute, which get given carbon credits for FREE by the government from tax victims money.
And they buy the credits off those companies they control, but are not in their names.
They essentially take money from themselves, and give it back to themselves.
Then of course, they say they had the expense of buying these credits.
They then tack the cost of buying them onto the everyday people who pay for electricity.
Making a profit for themselves at the expense of people using electricity.
They can do this infinitely, and eventually when the cost of the credits get so high, electricity will be $900 a week for a regular home.
$900 most people cant afford or don't even have, so they will have no power no fridge no heating cooling cooking lights etc.
