Carbon Trading Halted After EU Exchange Is Hacked

chicksdaddy writes "The European Commission (EC) suspended trading in carbon credits on Wednesday after unknown hackers compromised the accounts of Czech traders and siphoned off around $38 million, Threatpost reports. EU countries including Estonia, Austria, The Czech Republic, Poland and France began closing their carbon trading registries yesterday after learning that carbon allowances had been siphoned from the account of the Czech based register. A notice posted on the Web site of the Czech based registry said that it was 'not accessible for technical reasons' on Thursday and the EC issued an order to cease spot trading until January 26 so that it can sort out what appears to be chronic security lapses within the system."

Comments

Re:The what?

[InsaneProcessor]

No, that would be understanding that you can actually fix the problem. This would be the same as having cancer and being told the eating chicken is what caused it and if you eat only cabbage it will go way.

This is a scam started by Al Gore and others that have no real clue what the truth is but have a God complex believing they have all of the answers and managing to convince others the same. Where I come from we call this "a scam" designed to separate fools from their money.