Schwarzenegger and Swedish Prime Minister Reinfeldt Pledge Allegiance to Global Carbon Trade

18 de may de 2007

<body><div id="article"><tr><td height="28" valign="middle" width="184"></td><td valign="middle" width="185"></td></tr><h1>Schwarzenegger and Swedish Prime Minister Reinfeldt Pledge Allegiance to Global Carbon Trade</h1><p>May 18 (EIRNS)--Swedish Prime Minister Fredrik Reinfeldt completed a green junket of the United States, with a visit to California May 17, where he and George Shultz's Governor Arnold Schwarzenegger sang the praises of international trade in carbon emissions. Reinfeldt said he was impressed with Schwarzenegger's setting up of the Western states bloc in for greenhouse gas controls. Reinhardt said, "The individual states could be important partners with Europe in creating a post-Kyoto document." The idea is that limits on emissions are to be set by governments--at the state level, if not nationally--so that carbon "allowances" can be bought and sold.</p><p>The Governator, under an executive order he issued in October, 2006, is the figurehead for teams now deployed in Europe, Canada, and elsewhere, "to develop a multi-sector, market-based compliance system that could permit [carbon] trading between the European Union Trading System" and blocs of states in the United States (Executive Order S-20-06). This is in line with the London-based speculative program of British Environmental Minister David Miliband et al. The trading system is ready and waiting to go, including the Chicago Climate Exchange, part of the London-run InterContinental Exchange, Inc. (ICE), that includes the infamous International Petroleum Exchange, where oil prices are driven up. Major players in these exchanges include Shell, BP and Goldman Sachs. Al Gore's own hedge fund, Generation Investment Management, was set up for him by Goldman Sachs in 2004 in London.</p><p>Earlier in the week, Reinhardt made the rounds of Washington, D.C. on monetizing carbon for trading. On May 15, he testified at a hearing held jointly by the House of Representatives Select Committee on Climate Change. (Ed Markey-D. Mass.,Chairman) and House Foreign Affairs Committee (Tom Lantos, D-CA, Chairman), on "Perspectives on Energy and Climate Change."</p></div></body>