A $53 billion market created based on Climate Change FEAR and FRAUD

As some experts have already predicted will happen, "Climate change", and the ever-present fear of it, has created a whole new market for carbon dioxide "trading", that analysts at Thomson Reuters Point Carbon say is now worth $53billion worldwide.

Apparently the value of global markets for carbon dioxide rose by about nine percent last year, bringing the total to just shy of 50 billion euros; and this amount is expected to climb even further in 2016, as the United States and other North American countries are forced into the new "global warming" paradigm of carbon taxes and credits.

At the moment, North America is exactly where the greatest gains in CO2 value were seen in 2015, rising an astounding 220 percent to about 10.6 billion euros compared to 2014. This is due to the massive expansion of the Western Climate Initiative (WCI) scheme, which now covers transportation fuel emissions.

The Western Climate Initiative (WCI) scheme, also known as "cap-and-trade", involves government-mandated use and emissions restrictions for CO2, a concept that comes from the idea that carbon dioxide is somehow responsible for a devastating situation referred to as "climate change".

However, instead of focusing on the worst climate offenders - that include factory farming, confined animal feeding operations and industrial chemicals - cap-and-trade initiatives are targeting everyday consumers.

Additionally, the program has been accused of making climate conditions worse, due to the fact that it's routinely abused as a way for corrupt entities to make money, while doing little to curb environmental pollution.

Read more, at: www.naturalnews.com/climate_change...

Source: naturalnews.com

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