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Friday, October 29, 2010

Norfolk Island Residents to be Guinea Pigs for Carbon Credit Ponzi Scheme


A world first trial of a personal carbon trading scheme that will also target obesity, is to be conducted by Southern Cross University on Norfolk Island.

The three-year project will involve giving everyone on the island a card loaded with carbon units, according to the man leading it, Garry Egger.

“Then every time they go and pay for their petrol or their power – and from the second year their food – it will not only be paid for in money but it will also come off the carbon units they are given for free at the start of the program,” Professor Egger said.

If people are thrifty and don’t buy a lot of petrol or power or fatty foods, they will have units to spare, which they can cash in at a bank.'

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