24
Feb

Stealing Steel jobs

Most of you my have heard something about the closure of the UK Corus Steelworks.

This is an excerpt of a letter written by Nigel Farage a UK politician about it, explaining how this came about.

Corus’ steelworks at Redcar, near Middlesbrough, “Teesside Cast Products”, is to be closed (”mothballed” is the euphemism). It is Britain’s last great steelworks and an essential national resource. Without it, we are at the world’s mercy.

Corus is owned by Tata Steel of India. Recently, Tata received “EU-carbon-credits” worth up to £1bn, ostensibly so that steel-production at Redcar would not be crippled by the EU’s “carbon-emissions-trading-scheme”. By closing the plant at Redcar – and not making any “carbon-emissions” – Tata walks off with £1bn of taxpayers’ money, which it will invest in its steel-factories in India, where there is no “carbon-emissions-trading-scheme”.

Source: telegraph.co.uk

If you don’t get the picture I’ll explain it.

A UK steel plant closes and the workers lose their jobs. The company receives a billion pounds and the same factory is built in India producing the same CO2.

Whoever worked that out is insane.

Let me produce another quote from Sunita Narain, Director of the Centre for Science and Environment and the Society for Environmental Communications in India that’s relevant

Greenhouse gas emissions in many industrialized countries are decreasing due to a global economic crisis. India is among the few countries that are still growing and polluting more–and rightfully so, says Indian environmentalist Sunita Narain.

The most difficult aspect of climate change is that it is about sharing wealth.

Source: knowledge.allianz.com

If there’s any logic to us paying other people to take over our industry, and still produce CO2, I can’t work it out.

Possibly related posts:

  1. Carbon prices say it all: Copenhagen was a failure
  2. UK leads the way in spending billions to achieve no benefit
  3. Woman Who Invented Credit Default Swaps is One of the Key Architects of Carbon Derivatives, Which Would Be at the Very CENTER of Cap and Trade
  4. Understanding Australia’s Ruddy ETS
  5. Who’s making the big climate change bucks?

5 Responses to “Stealing Steel jobs”

  1. PaulsNZ says:

    The UK Government must have supported this. So logically the voters in the UK can take legal action against their elected members for corruption and fraud!. Logically if they don’t, they deserve what they get!.

  2. Graham says:

    Is tha answer to making the planet a ‘greener’ placer, to go on the dole ?

    It isn’t if our industry is replaced by CO2 belching industry in the developing world. Effectively we’re paying for them to produce the CO2 we aren’t.

    We aren’t going to be building the wind turbines we’re beiing forced to pay for, and which make precious little electricity.

    The insanity of it all baffles me.

  3. ADE says:

    “Our Dark Satanic Mills” are on their way to Foreign Climes.
    Our green and pleasant land is bespoiled with derilict factories
    Jerusalem has up sticks and moved here.
    Labour is the spawn of Satan

  4. mel64d says:

    …just look up “New World Order” and it will explain all this…
    When you first read or hear about the agenda that the New World Order has, it sounds like a book novel or a movie script. But these people use it as a bible. The more you discover about this cult, the C02 and Global Warming scam go hand and hand with the agenda they have set in place.

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