Who? The Oil companies themselves - it is called diversification. If oil prices go down, the market share for carbon indulgences skyrockets. From Carbon Pulse:
Ex-Morgan Stanley carbon trading head joins Shell
A former London-based head of emissions trading at US investment bank Morgan Stanley has joined the trading arm of oil major Shell, Carbon Pulse has learned.
Dougal Corden joined the firm’s London-based carbon team this month and will focus on cross-commodity options, according to a well-placed source.
All in bed together:
He was head of emissions and cross-commodity options at Noble Group between 2014 and 2015, after leaving Morgan Stanley as an executive director of commodities in the summer of 2013 following an almost seven-year stint.
Prior to that, Corden was an environmental products trader at Shell rival BP.
The Global Warming swindle is very profitable to a small group of people and they are vested in keeping this swindle going for as long as possible. Us taxpayers are just collateral damage.
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