Carbon Tax… the h’orderve for banker’s Carbon Trading feast in 2014

Over two years ago, with Rudd’s CPRS (Carbon Trading) looming, I had dinner with a top banking executive, wearing one of our Climate Sceptic polo shirts.   After a while, when he didn’t mention my polo shirt, I asked about carbon trading.

Will it cause a bubble?  ‘Yes”    Will it burst?   “Yes”      How bad?  “Real bad.   Half the EU countries are technically bankrupt now, so they sure won’t have the money for a second bailout package”.

Then we tucked into our delicious main courses.


Click on image to play link (I could not stop annoying autoplay in embedded code)

I would normally discount this as a bit conspiratorial.  However as Bob Brown actually called for a Global Government, with all its dictatorial nightmare scenarios of being governed by either oligarchs or the more numerous Chinese, these warnings seem valid.  Makes a rise in electricity prices seems the least of our problems, doesn’t it?

Thanks to Tempe Harvey for link.

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