How a Chinese firm ran a billion-euro carbon credit scam on Germany

shockedcanadian

Diamond Member
Aug 6, 2012
34,492
32,019
2,905
The MSS destroyed and weakened the West through the climate change racket. So many crooked, self serving dirtbags in the West and their lowly friends have profited as well. Trillions laundered while citizens starve.

This isn't to say that keeping a clean planet isn't important because as stewards of our planet it is. However, I have seen little in actual active concern, it is always about getting cash from the taxpayer while the most poisonous nations laugh at the suckers they scam.

Germany getting scammed by China has been a right of passage for them the last decade, when they take a short time out from being scammed by Russia. The European crooks with little oversight cost the taxpayers hundreds of millions on fake projects. All of them in China. Germany can't do a damn thing about it because the CCP won't allow Germany to investigate in their country. They aren't fools with open borders who just let any riff raff roam their country and they certainly won't sell their own Party members out.

Well done MSS. Well done indeed. You found the dumbest, most crooked fools in world history and there hasn't been a shred of accountability for how much taxpayers money has been laundered. The national security threats these fools have allowed to occur have turned the town armed bank robber into a baby criminal not even fit to be printed in the local paper.

I can't blame a foreign spy agency for fleecing the dumbest global leadership in world history.



When Stefan Schreiber decided to invest in a carbon emission reduction project with a Chinese company, he was convinced he was dealing with a trustworthy business partner. "They made a very professional impression: the way they presented themselves, the way they communicated," he said.


DW met Schreiber in a meeting room at his company's plant in Schwedt, a town near Berlin. The office overlooked huge pipes and tanks, and trucks trundled past. Schreiber is a board member of Verbio, a German biofuel producer that also trades carbon certificates.

In essence, carbon credits are generated by projects that save or remove greenhouse gas emissions. To fulfill their climate targets, companies can either reduce emissions in their own production or activities — or buy these credits from others. These carbon credits can then be resold to other companies.


A risk-free deal?​


In 2023, Verbio acquired the rights to carbon credits from an oilfield in China. It had been approved as a carbon-saving project by German authorities. All Verbio's management had to do was sign a contract and transfer the money for the carbon credits.


Then Verbio resold the credits on the German carbon market.
 
The Chinese know it is a complete fraud, the CO2 FRAUD that is. That's why they use coal.

But they also know that pushing the US to use "EVs" etc. is a huge opportunity for China to cash in on its minerals etc...
 
The MSS destroyed and weakened the West through the climate change racket. So many crooked, self serving dirtbags in the West and their lowly friends have profited as well. Trillions laundered while citizens starve.

This isn't to say that keeping a clean planet isn't important because as stewards of our planet it is. However, I have seen little in actual active concern, it is always about getting cash from the taxpayer while the most poisonous nations laugh at the suckers they scam.

Germany getting scammed by China has been a right of passage for them the last decade, when they take a short time out from being scammed by Russia. The European crooks with little oversight cost the taxpayers hundreds of millions on fake projects. All of them in China. Germany can't do a damn thing about it because the CCP won't allow Germany to investigate in their country. They aren't fools with open borders who just let any riff raff roam their country and they certainly won't sell their own Party members out.

Well done MSS. Well done indeed. You found the dumbest, most crooked fools in world history and there hasn't been a shred of accountability for how much taxpayers money has been laundered. The national security threats these fools have allowed to occur have turned the town armed bank robber into a baby criminal not even fit to be printed in the local paper.

I can't blame a foreign spy agency for fleecing the dumbest global leadership in world history.



When Stefan Schreiber decided to invest in a carbon emission reduction project with a Chinese company, he was convinced he was dealing with a trustworthy business partner. "They made a very professional impression: the way they presented themselves, the way they communicated," he said.


DW met Schreiber in a meeting room at his company's plant in Schwedt, a town near Berlin. The office overlooked huge pipes and tanks, and trucks trundled past. Schreiber is a board member of Verbio, a German biofuel producer that also trades carbon certificates.

In essence, carbon credits are generated by projects that save or remove greenhouse gas emissions. To fulfill their climate targets, companies can either reduce emissions in their own production or activities — or buy these credits from others. These carbon credits can then be resold to other companies.


A risk-free deal?​


In 2023, Verbio acquired the rights to carbon credits from an oilfield in China. It had been approved as a carbon-saving project by German authorities. All Verbio's management had to do was sign a contract and transfer the money for the carbon credits.


Then Verbio resold the credits on the German carbon market.

The only thing dumber than buying carbon credits is spending billions on "carbon capture".

Idiots.

Hilarios!
 

Forum List

Back
Top