And what is that something that is rotten in Denmark? Climate data? Nope. (although that is a likely candidate). The rot stems from the CO2 trade.
Denmark is the centre of a comprehensive tax scam involving CO2 quotas, in which the cheats exploit a so-called 'VAT carrousel', reports Ekstra Bladet newspaper.
Police and authorities in several European countries are investigating scams worth billions of kroner, which all originate in the Danish quota register. The CO2 quotas are traded in other EU countries.
Denmark's quota register, which the Energy Agency within the Climate and Energy Ministry administers, is the largest in the world in terms of personal quota registrations. It is much easier to register here than in other countries, where it can take up to three months to be approved.
Ekstra Bladet reporters have found examples of people using false addresses and companies that are in liquidation, which haven't been removed from the register.
One of the cases, which stems from the Danish register, involves fraud of more than 8 billion kroner. This case, in which nine people have been arrested, is being investigated in England.
FYI the kroner runs about 5 to the dollar currently. So 8 bn kroner is about $1.6 bn dollars. From one scam.
I dunno. It all seems suspicious to me. Phony temperatures. Phony credits. Phony scientists. Phony hucksters. (isn't that a redundancy - yes it is) What can you expect?
On a side note: I asked the first mate this morning if she had heard about "ClimateGate" or the "hacked" UEA CRU e-mails and data. Nope. She doesn't spend much time on the www. TV and newspapers are still her main sources. She said, "No coverage."
I hear Al Gore was heard to say, "I'm shocked, shocked to find scamming going on here."
Right before someone paid him $billions for some carbon credits.