[Flame Of Liberty]

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Furthermore, WND research on the EU emissions trading system continues to suggest "follow the money" may explain the enthusiasm the U.N. has shown in pursuing global caps on carbon emissions, despite doubts surfacing in the scientific community about the validity of the underlying global warming hypothesis.

Last week, WND reported a Mumbai-based Indian multinational conglomerate with ties to IPCC Chair Pachauri stands to make several hundred million dollars in carbon credits simply by closing Corus Redcar, a steel production facility in Britain with the loss of 1,700 jobs.

Another carbon trading scam tying back to Pachauri involves Great Britain's richest man, Lakshmi Mittal, an Indian citizen who resides in London.

Mittal stands to gain a £1 billion windfall, not from the operation of his ArcelorMittal steel company, but from carbon credits given his company – at no cost – by the EU emissions trading scheme.

http://www.wnd.com/index.php?pageId=118953