Crown Capital Eco Management Carbon Trading Scam

Source

U.K. regulators may take a further two years to complete an investigation into fraud in the carbon market as it seeks data from companies including Royal Bank of Scotland Plc andCarbonDesk Group Plc. (CO2P)

The U.K. tax office is examining whether trading   companies, motivated by transaction fees and discounted prices offered by fraudsters, continued buying and selling permits even as the doubling of volumes around June 2009 was suspicious, according to Cedric Andrew, a former investigator at HMRC, the British agency. Based on parallel cases in the mobile-phone industry, the inquiry into so-called missing-trader frauds may not be resolved until 2015, according to Jonathan Grant, a director of sustainability and climate change at PricewaterhouseCoopers LLP.

“The carbon market was particularly vulnerable to missing-trader frauds because spot trading and the delivery of the allowances and cash can be very rapid,” Grant, who has advised the European Commission on some of its carbon programs, said June 3 by e-mail.

HMRC served an 86 million-pound ($133 million) assessment in September related to value-added-tax fraud on a European unit of RBS Sempra Commodities LLP, a venture between Edinburgh-based RBS and Sempra, the San Diego-based company said May 2 in a filing to the U.S. Securities and Exchange Commission.

RBS is cooperating with the agency, Linda Harper, a spokeswoman for the bank in London, said May 31 by phone, declining to elaborate.

Surging Volumes

According to the Sempra filing, a letter from HMRC to RBS states that “HMRC believes it has grounds to deny RBS the ability to reduce its VAT liability by VAT paid during 2009 because it knew or should have known that certain vendors in the trading chain did not remit their own VAT to HMRC.”

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Crown Capital Eco Management Carbon Trading Scam

Source

U.K. regulators may take a further two years to complete an investigation into fraud in the carbon market as it seeks data from companies including Royal Bank of Scotland Plc andCarbonDesk Group Plc. (CO2P)

The U.K. tax office is examining whether trading   companies, motivated by transaction fees and discounted prices offered by fraudsters, continued buying and selling permits even as the doubling of volumes around June 2009 was suspicious, according to Cedric Andrew, a former investigator at HMRC, the British agency. Based on parallel cases in the mobile-phone industry, the inquiry into so-called missing-trader frauds may not be resolved until 2015, according to Jonathan Grant, a director of sustainability and climate change at PricewaterhouseCoopers LLP.

“The carbon market was particularly vulnerable to missing-trader frauds because spot trading and the delivery of the allowances and cash can be very rapid,” Grant, who has advised the European Commission on some of its carbon programs, said June 3 by e-mail.

HMRC served an 86 million-pound ($133 million) assessment in September related to value-added-tax fraud on a European unit of RBS Sempra Commodities LLP, a venture between Edinburgh-based RBS and Sempra, the San Diego-based company said May 2 in a filing to the U.S. Securities and Exchange Commission.

RBS is cooperating with the agency, Linda Harper, a spokeswoman for the bank in London, said May 31 by phone, declining to elaborate.

Surging Volumes

According to the Sempra filing, a letter from HMRC to RBS states that “HMRC believes it has grounds to deny RBS the ability to reduce its VAT liability by VAT paid during 2009 because it knew or should have known that certain vendors in the trading chain did not remit their own VAT to HMRC.”

 

 

 

 

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http://cykaswitser.blog.com/2013/05/03/capital-environmental-news-crown-eco-management-national-disaster/

http://cykaswitser.blog.com/2013/05/03/capital-environmental-news-crown-eco-management-national-disaster/

 

Though they are referred to as “natural”, disasters like earthquakes, landslides, floods, tsunamis and heatwaves can actually be caused by combined factors relating to nature and human society. And when they strike, more often than not, they leave victims in their wake – loss of lives and properties.

 

Updates

 

Crown Capital Eco Management is in touch with major news providers and institutions so as to be forewarned of relevant news. We post frequent updates here whenever there is a warning about an impending natural disaster (a recent instance of one) in order to facilitate an active information dissemination.

 

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http://crowncapitalmngt.com/eacc.html

 

Related Videos:

 

http://www.slideboom.com/presentations/754215/Capital-Environmental-News%2C-Crown-Eco-Management—National-Disaster

 

http://www.dailymotion.com/video/xzj9qf_capital-environmental-news-crown-eco-management-national-disaster_news

 

http://www.slideshare.net/cykaswitser/capital-environmental-news-crown-eco-management-national-disaster

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Jakarta Capital Environmental Blog, Crown Eco Management: Amid US-China Competition, What Are Indonesia’s Strategic Options?

http://www.thejakartaglobe.com/columns/amid-us-china-competition-what-are-indonesias-strategic-options/583067

The superpower competition for power and influence between the United States and China will likely profoundly impact Asian politics and security in the 21st century. Already, while Chinese economic and military might are on the rise, emboldening its policymaking on issues like the South China Sea, the US has taken countermeasures to protect its regional interests. Washington has put into motion its so-called “pivot to Asia,” which has enhanced America’s economic, military and diplomatic investment to the region.

This is the regional environment that Indonesia is situated in nowadays and likely for the foreseeable future. Caught in the middle of this superpower competition, however, doesn’t mean that Indonesia is in a hopeless or unpredictable situation. It has a number of strategic options at its disposal.

This reality, let’s call it strategic flexibility, is the result of two things. First, over the last two decades, Jakarta has fairly consistently pursued a foreign policy of “friends with no enemies.” And second, Indonesia’s history isn’t marred by heated regional rivalries and enmity. As a result, Indonesia hasn’t strategically backed itself into a corner, limiting its options and choices. More to the point, it doesn’t have the foreign policy obstacles that countries like Japan and South Korea currently face.

Instead, at this point, Indonesia has relative freedom to make and implement the foreign policies it wants. In this sense, Indonesia’s comity and friendliness with foreign countries has served it well.

As it stands right now, to cope with the superpower competition while protecting its national interests, Indonesia has five broad strategic options.

Indonesia can remain neutral and on the sidelines, preferring to stay out of any confrontation between Beijing and Washington. Indonesia can choose sides, opting for either China or America. Or it can act as a mediator or troubleshooter between China and the US, actively attempting to keep superpower relations smooth and conflict-free. Also, by working to write the rules of the road in Asia, thereby shaping the regional environment in which China and America interact, Indonesia can serve as an indirect conduit between both powers. And finally, Indonesia can try to play the superpowers off each other as a way to maximize the economic, security, political and diplomatic concessions it receives from both Washington and Beijing.

Picking sides and playing China and America off each other are, by far, the two riskiest options. Should Jakarta decide to align itself with Washington or Beijing, the side that Indonesia didn’t pick will be angry, causing fraying and disruptions in relations with that side.

Moreover, if Indonesia does choose sides, this may have serious long-term consequences.

For instance, if Indonesia picks the side that eventually loses the superpower struggle in the region, its position and prestige within Asia will be severely compromised. Additionally, Indonesia could select a side that breaks mutually agreed upon deals, including security ones, or even turns aggressive toward it — something that’s not preposterous given the history of superpower behavior. To protect the country’s interests, Indonesia would likely have to cozy up to the power it once scorned, and that power, under these circumstances, would have enormous leverage over it.

For now, Indonesia has decided to act as an indirect conduit between China and the US. It has focused on working through and strengthening Association of Southeast Asian Nations agreements and bodies, all of which provide a framework to standardize and regulate the behavior of countries residing in and engaging with Southeast Asia. Most notably, Indonesia, under the leadership of Foreign Minister Marty Natalegawa, has been very active in attempting to craft a code of conduct to manage the various disputes and conflicts in the South China Sea.

Such an approach is good, in that it allows Indonesia to play a low-cost productive role in Asian security affairs. But it is also safe and too conservative. It doesn’t allow Indonesia to exert directly a peaceful influence on Sino-American relations — relations that are reasonably fine right now, but could quickly turn hostile and bloody. To do so, Jakarta would have to take on a more active leadership role in the region. Given that officials in Jakarta see Indonesia as an emerging leader and power in the region, why not begin the process of shouldering more regional responsibilities?

In my view, one way to do this is to transition toward serving as a regional mediator and peace broker, an unbiased independent party striving to diffuse conflicts and settle disputes. This would be a time and labor-intensive responsibility, one that includes, among other things, frequent shuttle diplomacy, brainstorming sessions, ego massaging and communication-strengthening between countries.

As a regional peace broker, Indonesia could attempt to work on all outstanding disputes and conflicts in Asia, including delving into the knotty Korean hostilities, but place special attention on Sino-American ties. The payoff for such a role for Indonesia would likely be very big.

In particular, it would enhance worldwide respect for Indonesia. It would cultivate an image of Indonesia as an effective diplomatic problem solver. It would firmly place the country on the road to regional leadership, perhaps to the point that others begin to see Indonesia as the indispensable actor in the region. And keep in mind all of these things, in turn, could very well create economic, security, and political benefits.

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Crown Capital Eco Management

http://crowncapitalmng.multiply.com/

 

 

Crown Capital Eco Management works with government bodies, international entities, private sectors and other non-governmental organizations in providing extensive information to the public, media and policymakers that are involved in addressing environmental issues and sustainable initiatives in a worldwide scale. Though our group does not personally conduct research, we analyze and review both recent and old data on technical and socio-economic sectors that are relevant to our field, which is environment preservation.

 

Links

 

 

Video

 

Crown Capital Eco Management What is Environmental Fraud.avi

 

We all know that regardless of where you live, the weather is often unpredictable. A comfy 60 degree winter day in the Midwest; chilly and breezy on a late spring day in the pacific coast. To some of us, the prevalence of unusual weather is simply the work of Mother Nature.

 

Reviews

 

Northern Europe picks on the Atlantic Ocean because of its wet summer according to a new study. The rising and falling of ocean temperature or the so called cyclical deception is seen as a major extortion on the weather. The said pattern reported will last long as the Atlantic warming persists. The research was carried out at the University of Reading and is published in the journal Nature Geoscience.

 

Blog

 

Biomass Boiler Addresses Alaskans’ Environmental, Economic Concerns

 

The heavily forested city of Ketchikan, Alaska, is built on rock and surrounded by water. Every commodity that comes into Ketchikan must arrive by sea or air. The use of fuel oil is problematic for both economic and environmental reasons because the oil must be obtained and refined elsewhere and transported (using additional fuel). What’s more, fuel oil is subject to price instability.

 

Notes

 

  • BIOMASS as a Fuel for BOILERS
  • What is Environmental Fraud?
  • Food Fraud Tackled by Forensic Scientists

 

 

 

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