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REDDisms

“Instead of credit derivatives or oil futures or mortgage-backed CDOs, the new game in town, the next bubble, is in carbon credits — a booming trillion-dollar market that barely even exists yet, but will if the Democratic Party that [Goldman Sachs] gave $4,452,585 to in the last election manages to push into existence a groundbreaking new commodities bubble, disguised as an ‘environmental plan,’ called cap-and-trade.”

— Matt Taibbi, Rolling Stone, July 2009

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Recent Comments

Linda Knight on Savraj Gata-Aura sentenced to four years in prison for his role in the Bar Works investment scam
pandianp1 on Savraj Gata-Aura sentenced to four years in prison for his role in the Bar Works investment scam
Pradeep on Savraj Gata-Aura sentenced to four years in prison for his role in the Bar Works investment scam
Chris Lang on REDD-Monitor’s “incredibly important perspective” on the Taskforce on Scaling Voluntary Carbon Markets: “The Taskforce is madness”!
fred bloke on REDD-Monitor’s “incredibly important perspective” on the Taskforce on Scaling Voluntary Carbon Markets: “The Taskforce is madness”!

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