A carbon emissions trading registry in Austria has suspended operations until at least 21 January following a hacking attack earlier this month. The registry has been disconnected from the EU and UN carbon trading registries in response to the 10 January attack, details on which are unclear. A statement on the trading registry …
waste of carbon anyway..
irony : they've heard of it.
Carbon exchange trading.
Hang on, have I got this right?
There's something out there that costs us sod-all to produce, is around in huge quantities and nobody wants it.
And someone's worked out a way to make money trading in it............?
Been asleep the last decade?
They call it "carbon trading" but it's actually the trading of legislatively created carbon dioxide production credits. It all makes sense if you assume that CO2 is evil.
Actually, even then it doesn't make sense...
"Actually, even then it doesn't make sense..."
It makes perfect sense if you think of it as a way for rich people to create more money from thin air to make themselves richer
The company I work for spent $1B on indulg... I mean carbon offset credits in 2009.
and encourage even more pollution, so long as they're (the rich folks) getting paid for it. in fact, in that case, more pollution = more profit.
it really has nothing to do with reducing pollution. only making money. hello ? it there anyone home in there ? time to wake up and smell the coffee folks.
Its all a swizz anyway
You produce a product by belching black smoke in the air, hand over money to people with their own wind turbines and you get to claim your product is carbon neutral.
They don't refine their product to make it more environmentally friendlier. They just spend more money to hide it.
I put this in the same catagory as...
Scammers ripping of sellers of fake penis pills.
i wish people would learn
The proper terminolgy is 'cracker'. A hacker is not a bad thing, but the stupid media keeps making us look that way because they are to lazy to get their facts straight.
Take a bow
"Smokey and the bandits" - that was the best tag line I've read in a while.
and they should just
This type of so called business is absolute BS as we all very well know. So maybe they should just go away. Then government needs to take the polluters to task and put them down like diseased animals.
Rightly or wrongly
the carbon trading market is a reality. What is also a reality is the laughable levels of security in place around what is a multi-million Euro market.
Account security it limited to a pre-generated user ID and passwords on a 90 day expiry. No tokens, no additional verification of identity, just a simple account that lets you trade millions of carbon certificates. Apart from a rather perfunctory plea not to answer phishing emails there is no further advice on the registry website on securing the accounts or managing access.
For something this valuable ( Holcim Romania lost something in the region of 20M Euro ) you'd think they could put in some decent security or at least offer advice to their account holders.
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