other rubbish, David Rothschild in 2007
said there was no plans for a global carbon dioxide
(what humans breath out, and plants breath in) tax ETS (Emissions
"In searching for a new enemy
to unite us, we came up with the idea that pollution, the
threat of global warming, water
shortages, famine and the like would fit the bill."
of Rome 1991
David Rothschild's says he and his family (that own half of
the worlds wealth) have no plans for a global carbon dioxide
(what we breath out) tax. Ow that's good news, no tax on breathing.
Plants that breath in carbon dioxide will be happy as well...or
Whoops, the same Rothschild family are setting up carbon tax
"banks" here in Australia and abroad!! See their press statement below!!!
Sydney, Australia - Rothschild Australia and
E3 International are set to become key players in the international
carbon credit trading market, an emerging commodity market that
analysts estimate could be worth up to US$150 billion by 2012.
In a move that will re-shape the fledgling emissions
trading market, Rothschild Australia and E3 International today
announced their intention to launch the Carbon Ring Consortium
-- an investment vehicle that will provide companies in the
Asia Pacific Region with an innovative way of learning about
and understanding their risks in the new carbon market.
The Carbon Ring Consortium is the first of its
kind in the Asia-Pacific Region, and is the first in a series
of private investment vehicles that Carbon Ring Pty Ltd will
launch in coming years.
Richard Martin, the chief executive officer
of Rothschild Australia said, "With recent developments
in international climate change policy, the question is no longer
if, but when the global carbon trading market will emerge. Rothschild
Australia, through Carbon Ring, intends to be at the forefront
of this market, providing private investment vehicles to companies
seeking to offset their greenhouse gas emissions liabilities."
The Carbon Ring Consortium allows companies
with a future carbon liability to purchase a range of carbon
credits and obtain a practical insight into the operation of
this new market. Carbon credits will be bought from domestic
and international projects that achieve a reduction in greenhouse
gas emissions. These carbon credits will be distributed pro
rata to Consortium investors.
"The Carbon Ring Consortium is an important
first step for Rothschild and for our clients," said Mr.
"The Consortium should appeal to companies
that are faced with a greenhouse liability and are significant
users or producers of energy, such as electricity generators,
heavy industrials, oil companies, major manufacturers or airlines,
amongst many others.
"It provides investors with an opportunity
to learn about the market through an investment in a low risk,
low cost investment vehicle, created specifically to acquire
a diverse range of carbon credits. Participants will also share
in significant knowledge and intellectual property," Mr.
During its life, the Carbon Ring Consortium
intends to purchase a range of carbon credits, in a range of
jurisdictions and from a range of sources. In the process, the
Consortium will expose investors to many of the most pressing
issues that corporations will have to address if they are to
participate in the emerging carbon market. It will also give
investors a practical insight into the buying and selling of
carbon credits in the present market, without the need to invest
in significant trading infrastructure or to assume undue risk.
Mr. Martin believes that there are many reasons
why an organisation would invest in the Consortium: gaining
practical experience in an emerging market; offsetting their
greenhouse gas emissions; hedging their investments in new infrastructure;
or in response to the expectations of the public, customers
Craig Windram, the director of E3 International
and a partner in Carbon Ring, said, "A carbon liability
brings with it considerable financial risk for organisations,
and early planning to deal with this risk will add to an organisation's
competitive advantage -- that's where Carbon Ring comes in.
"Few companies have developed a practical
understanding of the emerging carbon market. For companies on
either side of the equation, as either buyers or sellers, the
Carbon Ring Consortium will provide the opportunity to 'learn
by doing'. This experience will be vital in assisting businesses
to formulate policy, to understand and identify their risks,
and to demonstrate leadership in an area of growing public concern,"
Mr. Windram said.
The Carbon Ring Consortium is an unregistered,
managed investment scheme. Designed to be a tailored, limited-life
vehicle, it will document the legal and accounting process involved
in the purchase, settlement and distribution of various carbon
Requiring an investment of US$100,000, with
a portion returned to investors in the form of carbon credits,
the Consortium is intended to provide investors with a low cost,
low risk and structured entry into this new market.
* About Rothschild
N M Rothschild & Sons has been at the centre
of the world's financial markets for more 200 years. Today,
the firm is a global investment bank, which provides independent
and quality advice to governments, corporations and individuals
worldwide through a network of professionals in 40 offices across
more than 30 countries. The firm employs 2,500 employees worldwide.
* About E3
The E3 Group is a hybrid organisation dedicated
to making the business case for sustainable development. It
is part strategic management consultancy, part environmental
think tank, part project developer and part investment manager.
The E3 Group comprises a number of companies
that have developed around the business of sustainability. The
Group includes a conventional consulting business, an environmental
software company, a dedicated renewable energy project promoter
and the Carbon Ring Consortium. The principal operating company
in the group is E3 International Pty Limited, which is headquartered
by PR Newswire on behalf of N M Rothschild and Sons
Rothschilds (in German means "red shield") cared about
the planet so much, why on earth did they teach Chinese the
art of usury at Oxford University (see above image) then go
set up the giant banking infrastructure in the 1990's that today
is funding the industrialisation complex in communist China
with carbon spewing emission plants?
know what 1.3 billion Chinese people driving around in new cars
is going to look like, right?
don't give a fly duck about the planet. Rothschild's only care
about the CONTROL of YOU! That dirty family that made it's wealth
after the insider trading matter involving
the 1815 battle of Waterloo, buying the British stock market
up for pennies on the pound. That same dirty family that has
financed BOTH SIDES of most major wars since the French revolution
killing 200+ million humans since then.
in Australia we see in the news 01
July 2009 "Climate Cops" for Australia soon?