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Jiffy,
"I concur/agree with your viewpoint,one humongous Scam."
Thank you for your support.
However, what's taxing my brain most (other than the fact I've been playing poker for fourteen hours and have just got back to my hotel) is the post that 'ajbjasus sent here saying that (in reply to an earlier post of mine) an amoeba has (percentage-wise) the same 'carbon footprint' as a human, despite being uni-cellular and posessing no skeleton (obviously).
Over a frugal and hurried breakfast before trotting the 800 yards to the casino, I did a quick google-search about amoebas, just to refresh my memory from 'O Level Biology', because amoebas are not things I often think about.
And I still contest that person's assertation.
I'm sorry, but my understanding now is that an amoeba gets rid of carbon atoms as fast as it can in the form of carbon dioxide, via osmosis through its cell-wall. Rather than retaining it in things like bones.
Of course, by 'excreting' carbon dioxide, our microscopic little fellow-creatures must be contributing to 'global warming', so maybe they should be exterminated. I wonder if Greenpeace has considered this? Though it might be a difficult task to achieve.
In fact,although I'm a very irreligeous person, if an 'afterlife' exists, I wouldn't mind coming back as an amoeba. Their sexual ploclivities are interesting, to say the least, and they don't have to bother about income tax or Brexit or all the other stuff which makes life a pain.
But on the flipside, I doubt that an amoeba gets the pleasure of listening to rock music at high volumes, getting involved in motorsport, nor the fun of owning Hurricane Energy shares.
In a further 'reply post', JayKay1 said "This place is a little more highbrow than most LSE BBs", which I think is quite true.
Let's face it, it's the weekend, LSE moderators are graciously oblivious to O/T on this BB about weird subjects, so I'd like to see other opinions about this thorny subject.
Who has the bigger 'carbon footprint', percentage-wise? An Amoeba or a Human?
We could even take it a bit further. Because the number of Amoebas on the planet exceed that of Humans by incredible orders of magnitude.
So who's running this show?
Adouk,
I concur/agree with your viewpoint,one humongous Scam.
http://www.cityam.com/277226/tax-scammers-and-carbon-credits-decade
Finance. Not politics.
Greybull are a hedge fund. Anyway, apols, it is still OT.
If I want to get the arse bored off me about Brexit/Policitcs I will read the papers.
Genghis: " What you are all missing is that BS collapsed bcos Greybull, ie, PE vulture fund, screwed the hell out of it. "
Yup, £6m in "management fees" paid to Greybull by British Steel in the first two years. £100m profit for Greybull from the failed Comet chain. All profits "earned" in tax haven Jersey, natch. Vultures.
What you are all missing is that BS collapsed bcos Greybull, ie, PE vulture fund, screwed the hell out of it.
Forget the Brexit arguments, forget CC, forget EU.
Greedy PE rip off. Research it!
slow news day when u are discussing the relative carbon content of an amoeba!
Drivel
What has the skeleton got to do with it? There’s just as high a percentage of carbon in an amoeba as there is in a vertebrate. Probably more.
Carbon credits biggest scam going people throughout Europe and UK made billions from the scam
And Many were jailed
Does Germany still use brown coal?
British Steel I believe the hedge fund owner bought a steel plant in France for near 50 million euros
JayKay,
"The point would be who is loosing money by not at least trying to reduce their carbon emissions?"
The answer, I thik, is blatently obvious.
The proles who believe the hype.
My money remains in oil, but also sometimes in Lithium, a fairly essential commodity which helps to power the things which help to spread the hype...
Jiffy,
"Sorry, but I am wholly against the whole concept of Carbon Credits. "
Just having got back from a quite disatrous 11 hours' poker playing on the Med coast, and thus feeling somewhat glum, I logged in here, and picked upon this phrase immediately.
And I entirely agree with you.
'Carbon Credits'? What an utterly absurd concept it is. Paople seem to forget that the human being is essentially a carbon-based lifeform. Unlike amoebas, for instance, which don't posess a skeleton.
Will I accrue 'dredits' and stop breathing, for instance, so as to not exhale Carbon Dioxide? Maybe, but I don't reckon such credits will do me much good by then, as I'll be six foot under and not caring, my putrifying corpse turning into all sorts of nasty things, a lot of which will be methane, the most dangerous 'greenhouse gas' around.
Of course, the 'biological machine' which serves to keep the thing I like to think of as 'me' mobile, and able to drive 'myself' to the Spanish coast to play poker could be burned, instead. (What I wish, as cheaply as possible.) Where does it go? Up in smoke, of course.
When I was young, even pre eleven -plus, I was fortunate enough to have received what I consider to have been 'good' education. And one of the earliest things we were taught in 'science classes' was what was called the 'carbon cycle'.
In O/T discussions here many moons ago I mentioned one of my alltime favorite books. It's called 'The Three Stigmata of Palmer Eldritch' by the late great Philip K. Dick.
You can probably pick up a secondhand battered copy off ebay for a couple of euros.
If you do so, then re-consider the 'global warming' scam.
You're being had.
Jay,
Sorry, but I am wholly against the whole concept of Carbon Credits.
Why because the EU introduced it and more importantly British Steel faced a fine of £500m from the European commission,but here's the lunacy as far as I can discern, entity's can buy and sell them, it's almost akin to a Ponzi /Junk Bond scheme
Who is making money out of this?
Bottom line is this.
£120M for what? the whole carbon credit fiasco is a means of punishment, it serves no real economic purpose.
ie, Carefully crafted EU policies, soon we will be reading that the British Steel Industry has relocated to Romania.l
:O)
Jay,
Do keep up :O)
LOAN
Re: BS,
One main factor apart from China is this.
T'he final trigger for British Steel’s collapse into administration, however, was not low steel prices but arguably a demand from the EU for £120 million worth of payments under its Emissions Trading Scheme (ETS) – which is supposed to provide an incentive for heavy polluters to cut their carbon emissions. '
ie, Carefully crafted EU policies to add to the already existing global economic pressures, ie China
Soon we will be reading that the British Steel Industry has relocated to Rumania.l
Shutt
I guess review the fundamentals and decide. Clearly many UK businesses with an export market are feeling royally screwed by certain events in our Parliament at the moment. That is not an invitation to mention the B word and I'm sure there are many other factors, not least China's and Eastern Europe's increased exports over the last decade.
I had share in Severfield, another steely, but having looked at the numbers again - not so sure.
On another subject entirely and please forgive the OT, but sad to see British Steel moving into liquidation today. I had some hope the British Steel industry might have something of a revivial but evidently not. If anyone here lives near Scunthorpe or is connected, sincere best wishes to you.