“The newest game by the banks is carbon emissions trading. The plan is to manufacture emission credit certificates out of thin air, trade them between big financial companies, and compel the rest of us pay for them by producing real goods and services. The new financial slavery.

“Carbon emission permits are the latest paper currency, brought to you by the same crowd who profited from the world’s largest financial bubble. Same structure, same modus operandi, same beneficiaries, same exaggerations, half-truths, and tricky government statistics.” [P. 2]

“Emissions trading by the finance industry was $120 billion in 2008. This will grow to over $1 trillion by 2012, and carbon emission permit trading will be the largest “commodity” market in the world—larger than oil, steel, rice, or wheat. Typically the finance industry will pocket 1% – 5% of that turnover. So even now their financial interest matches the alarmist spending, and soon will vastly exceed it.” [P. 30]

Dr David Evans 2009, Manufacturing Money and Global Warming, SPPI, Haymarket, VA, USA. www.scienceandpublicpolicy.org