Page 42 - Carbon Frauds and Corruption

Corruption of Bribery

Chapter 6 : Corruption in the “Carbon World”

primary intention that by making it so convoluted no one would bother to read it or, if they did,
understand it. It is beautifully produced and contains nice portrait photographs of the committee
members in their best Sunday togs. Bless!

The budget suffers from all of the metric problems discussed later (see page xx) and especially
mixing capacity with output, annual with 5 year periodic figures and disassociation from reality by
basing most things on percentages rather than absolute numbers.

A few of the more important points include:

 There are currently around 80 different “initiatives” in the UK to reduce emissions: only
40% are in the compliance (LCP) sector
 The UK’s electricity capacity is around 70GW (This means the maximum production
possible is 613TWh; if this figure is mentioned in the budget it cannot be found)
 The UK needs to add between 30 to 40 GW of low carbon power by 2020 and to reduce
Grid emissions from 500gCO2/kWh to 50. This requires an investment of £110 billion
43
 Per capita emissions must be reduced from 9.7 tonnes to 2 tonnes by 2050
 All emission calculations are within an error range of +/‐ 17%!!!

Yes, you read it correctly. The error range is +/‐ 17%

 The CCC estimates the cost of the entire budget is around 1% of UK GNP. However,
“Global Insight” argues the cost is nearer 5% of GNP and will result in the loss of more
than one million jobs in the UK alone

And then the most incredible conclusion of all: that if worldwide pledges on reductions are not
44
met the cost will be $1,000 billion . How on earth can that figure can ever be guessed let alone
calculated? : It is a blatant “frightener” but nonsense.

It is not by any means clear what 1990 baseline figure is being used for reduction targets. Table 1
shows the four different CCC baselines: all of which are different from that reported to the
45
UNFCCC and different again from those produced by the US Energy Information Administration.
They result in different reduction trajectories.

Variation UNFCC
CCC to CCC
2
UNFCCC MtCO 2 MtCO
Proposed Implied CCC Base
Budget Period
2
MtCO See below MtCO 2

43 This is a meaningless statistic: much more meaningful is the ratio of emissions to global economic production
44 But not clear what sort of “billion” this means
45 For example the budget figure for 2012 of 603,600,000 is supposed to be a cut of 22%; meaning the baseline was
773,846,154 while 2022 is a 34% meaning that the baseline must have been 770,909,091.

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