posted on Jan, 24 2011 @ 05:47 AM
Hope this has not been posted already. While doing my normal search of the internet I came upon this story.
It appears that someone has hacked into a Czech Carbon bank and managed to steal around 7 million Euros worrth of Carbon permits.
These pollution permits allow companies that are big enough to afford them, permission to pollute.
475000 EUA s were stolen . Each EUA is equivalent to one tonne of carbon.
In all honestly I was aware of carbon permits , but I did not know banks and things had been set up to distribute them.Or the scale they were being
With these permits smaller companies are going to suffer and the larger ones are just going to get larger.
The Czech thefts are negligible in the overall volume of trade in EUAs. But they are not the first. In November, 1.6 million EUAs disappeared from the
carbon account of cement maker Holcim, held in the Romanian national carbon registry. And earlier this month, someone tried to hack into the Austrian
Will there be no end to their corruption?? How can they not track the Carbon permits???
Whatever side of the global warming fence you sit, these carbon permits are likely here to stay. First for the companies ,then for us as individuals.
Just another form of control.
What do you ATSers think?