Posted by: The Elephant Owner in corruption,Global Climate Change on August 30th, 2010

Billions of dollars handed out to support a hoax equals Carbon Corruption.

Chinese chemical plants are getting UN money to produce an environmentally friendly refrigerant (HCFC-22). The process of making the refrigerant creates gas as a byproduct (HFC-23). According to WattsUpWithThat.com, this byproduct is 11,700 more powerful than CO2 as a green house gas.

Not only are the manufacturers able to sell carbon credits for producing HCFC-22, they can also sell “certified emission reductions” (CERs) for destroying HFC-23, to the tune of about $100,000 per ton!Not surprisingly:

“The evidence is overwhelming that manufacturers are creating excess HFC-23 simply to destroy it and earn carbon credits,” said Mark Roberts of the Environmental Investigation Agency, a research and advocacy group. “This is the biggest environmental scandal in history and makes an absolute mockery of international efforts to combat climate change.

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The UN is the like the World Cup of corruption.

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