Wikileaks: UN Green Energy Policy Is Basically a Fiasco

Wikileaks documents prove that the UN green energy program is basically a green fiasco.
Watts Up With That reported:
Newsbytes from Dr. Benny Peiser at The Global Warming Policy Foundation

A diplomatic cable published last month by the WikiLeaks website reveals that most of the UN’s Clean Development Mechanism (CDM) projects in India should not have been certified because they did not reduce emissions beyond those that would have been achieved without foreign investment. Indian officials have apparently known about the problem for at least two years. The revelations imply that millions of tonnes of claimed reductions in greenhouse-gas emissions are mere phantoms, she says, and potentially cast doubt over the principle of carbon trading. –Quirin Schiermeier, Nature News, 27 September 2011

But one must say clearly that we redistribute de facto the world’s wealth by climate policy. Obviously, the owners of coal and oil will not be enthusiastic about this. One has to free oneself from the illusion that international climate policy is environmental policy. This has almost nothing to do with environmental policy anymore. –Ottmar Edenhoffer, Neue Zürcher Zeitung, 14 November 2010

North Sea gas production has slumped by 25% in the second quarter of the year, an alarming increase in the rate of decline that will cut tax revenues and could put more pressure on government to agree controversial shale gas developments. –Terry Macalister, The Guardian, 30 September 2011

The costs of Alex Salmond’s green energy revolution are “going through the roof” and threaten to bankrupt companies by doubling energy bills, business leaders have warned the First Minister. The Scottish Chambers of Commerce (SCC) said electricity is currently about nine times more expensive to generate from wind farms than gas-powered plants. It warned this would hold back the Scottish economy and lead to businesses going under. –Simon Johnson, The Daily Telegraph, 29 September 2011

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