Pssst, hey buddy, want to rent that forest for some quick cash?

I have become a convert on the Cap And Trade thing. I am all in; pedal to the metal; go for broke; shoot the moon; a true fracking believer now.

This C&T shit has more revenue generating potential than prohibition ever did. You'll generally be dealing with a better class of people who aren't as inclined to settle their differences with machine guns, which is a big plus. Another big advantage over bootlegging is there's no actual product involved, so all the usual logistics and end point sales issues involved with smuggling vanish.

It is truly a beautiful beautiful thing; even better than selling lots on the moon or mars, because the government doesn't force people to buy real estate on the moon and mars.

...director of Carbon Harvesting Corp., and charged him in connection with an alleged scheme to bribe officials in the African country of Liberia. Foster was reportedly ready to pay $2.5 million to "rent" a fifth of Liberia's forests and profit by selling the credits that could be obtained from the carbon-absorbing trees...

...tax fraud associated with carbon trading cost $6.5 billion over 18 months, and in some countries up to 90% of total trading volume was a result of fraudulent activities...

...The European Union has had its Emission Trading System in place for five years, and this extremely complex effort to reduce the continent's carbon burden has been hit with a huge amount of fraud and corruption...concerned that the same pattern of fraud could mar emissions trading in the U.S...

posted by Purp at 09:26 AM

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