It is quite logical if you think about it. Global warming is a Global problem. If a company is required to reduce co2 emisions by X amount, the company could spend 5 milion here in europe to replace a moderatly bad polutor with a slightly better machine or system. Or the company could spend that 5 milion and make a way bigger positive impact on the environment that way. At least thats what a layman like me thinks. :) Ofcourse there are problems with it, but i get why lawmakers wanted to try this...
Many years ago so called advanced modern nation's made a group overseeing pollution and made rulesets for the rest of the world to follow. These rulesets allow to offset your business or country pollution by purchasing another countries pollution allowance. Their made up system to fix pollution is silly and has been going on for years, Germany being ripped off happened over years and this news piece does not cover the history and backstory of this system to show us how Germany was blindly spending money
I burn stuff, you don;t I am very not green, you are very green I pay you to tell others that you burn half of what I burn now we are both a little green 🤡🤡
Don't call carbon credit a scam when Germans officials are dumb, no due diligence before funding, no staff to check photographic reports of auditors, funds (public money) single foreign company with billion euro, instead of local company and jobs. You just did what the irresponsible official did, blame others first.
@@sneakymoveSomeone in Germany fraudulently obtained subsidies and found a Chinese company to cooperate. It is impossible to get German subsidies without the manipulation of high-ranking German politicians. German media dare not expose the top (most likely the Green Party), can only take the blame for the Chinese company
The level of incompetence is unfortunately not surprising these days. Germany nowadays is an entitled, lazy and bureaucratic nation living off of the hard work of their forefathers.
Why is the German government paying anything or giving any credits that happen outside of Germany or EU at all? Seems like a no brainer to only offer these in places that are local and easy to check.
Where is the due diligence on auditor, clean energy contractor before awarding the tender and funding? 3 people staff IS NOT an excuse for not having time to do your job GERMAN Government must be investigated to make sure there is no money laundering, since one foreign company can get billion euro funds
The idea of paying abroad for "clean projects" billions of euros is ridiculous, especially when Chinese economy is thriving and Germany`s is falling.If you have some extra billions, how about spending a few on Hydrogen researches to help saving your own car companies?
Have u ever wonder why a single foreign company can get billion dollar funding. ? Blaming China is just a facade of things. Money laundering is more likely.
Bro in case the German government is interested I have saved approximately 1 billion tons of carbon and I am ready for my paycheck. I will also accept wire transfer. USD please.
How many lifes of common German folk was not improved in order to blindly toss that money out... Quality of management staff all over the world seems to dive in some hellish butthole.
Well... the environment doesn't actually respect your State borders, and the impacts of our actions on the environment don't either. Figure the rest out for yourself.
Never understood the philosophy behind paying such donations. If the Chinese are not interested in making the air cleaner by themselves then you can do nothing about that. All your money will just be wasted. Ridiculous to hear that "the Chinese government will not allow to inspect this kind of objects" and still you are ready to pay these money. 🤦
"If the Chinese are not interested in making the air cleaner by themselves" are u living under a rock? tell me who has the most EV? solar farm? and other green energy?
@@jetli740 So why do they need for more money then? The preamble was that I don't understand the reason for these donations. And I still don't understand even after your reply.
No serious discussion of the unprincipled people in the West who want to get rich doing business with the regime in Beijing, and who know the job is dangerous when they attempt it with the Chinese political economy.
You… have 3 people overseeing billions of dollars? And cannot be bothered to check satellite images? Boy they really must have too much money. Companies I know already make a fuss when you just want to spend a few hundred thousand dollars…
Rattled by China, West scrambles to rejig critical minerals supply chains By Amy Lv, Divya Rajagopal and Ernest Scheyder December 6, 2024 BEIJING/TORONTO/LONDON, Dec 6 (Reuters) - China's trade restrictions on strategic minerals are starting to hit Western companies where it hurts. Blaming Beijing's curbs on antimony exports announced in August, German chemicals and consumer goods heavyweight Henkel (HNKG.DE) told customers last month it had declared force majeure and suspended deliveries of four types of adhesives and lubricants widely used by automakers, according to a Nov. 8 letter to clients reviewed by Reuters. Henkel uses the silvery metal to make its Bonderite and Teroson-branded products, core parts of the company's adhesive technologies division, which brought in 10.79 billion euros ($11.4 billion) in revenue last year. "We have been notified by our suppliers that the importation of these raw materials has been delayed pending the Chinese government accepting license applications," according to the letter, which was signed by two senior executives. "As a result, Henkel is hereby declaring force majeure in connection with its deliveries of these products,
This video producer director might want to explain how this is supposed to work. What is the "money" that is spent? What kind of money? Where does this "money" come from? Etc.
1:47 so you get carbon credits for selling natural gas? Where exactly was Carbon saved or sequestered? The United States is the number 1 producer of natural gas, do we get carbon credits for that?
Western media never talk about per capita carbon emissions, which is tantamount to playing hooligan! Take a look at the per capita carbon emissions in the United States, and what is the per capita carbon emissions in China? The German media never dares to criticize the United States!
Being nature friendly is the heartbeat of every indigenous communities' teachings and values worldwide. However, their younger generations think all these old values are outdated and leave them behind. Now they are struggling to deal with the consequences 🤷♀️
Bigger than the BER airport? That was supposed to cost 1 billion euro, however, end up costing 8 billions! Was it fraud or is Germany very bad in project management to not say dumb?
Are they too soft just to check on remote areas? These lazy auditor has hurt the whole reputation of environmental audit job and must be imprisoned as well! Shame on them!
UK some city have clean air zone, driver have to paid about 15 EU or £12.50 to drive through for many driver to take a longer de tour route, create traffic just outsize the zone this create more Co and green house gas...... it a scam to get money from it citizen
The island of Formosa (Taiwan) was annexed by the Chinese Qing dynast in 1683 and ruled for 212 years before it was occupied by Imperial Japan in 1895. The occupied province was returned to China in 1945 via general order no 1 by General MacArthur. The Nationalist government -The Republic of China ruled both the mainland and the island provinces of Hainan and Taiwan until it was defeated in the Chinese civil and the Nationalist Government (The Republic of China) fled to the island province of Taiwan. The Republic of China - located in the Chinese province of Taiwan became a member of the UN security council and represented ALL of China until 1972, when it was kicked out by a UN vote. By the way India, the Philippines and the UK voted to kicked out the representatives of The Republic of China and to install the representatives of the CPC (Communist Party of China). Under the succession of states theory the CPC has the legal right of governing all of mainland China and the two island provinces of Hainan and Taiwan which were previously under the administration of the Republic of China. The UN charter accepts the one China policy acknowledging that the CPC is the legal representative of the island province of Taiwan in the UN assembly. Thus Taiwan is not an independent country but part of China operating under the constitutional principle of one country two systems.
Dealing business with Chinese companies everything needs to be checked and verified and confirmed and confirmed 😱😱I got burned lots of times🤣🤣 Specially there is a third party involved 🥹
To see DW Investigations full length report into this massive scam scheme, click the link!
ruclips.net/video/aU_S97Ae1eg/видео.html
Germans tryied to scam the world with climate crisis, now they got scamed in return.
I have so many questions. First of all, why would Germany pay money for Chinese carbon projects? I mean, shouldn’t they only reward Germany projects?
Money laundering my man. It's easier to be corrupt in another country. That's what the program is for anyway. Did you think it was anything else?
It is quite logical if you think about it. Global warming is a Global problem. If a company is required to reduce co2 emisions by X amount, the company could spend 5 milion here in europe to replace a moderatly bad polutor with a slightly better machine or system. Or the company could spend that 5 milion and make a way bigger positive impact on the environment that way. At least thats what a layman like me thinks. :)
Ofcourse there are problems with it, but i get why lawmakers wanted to try this...
Because they’re cheap and a bs figleaf. It’s a complete disgrace. It’s inevitable that these sorts of schemes will lead to massive fraud.
Many years ago so called advanced modern nation's made a group overseeing pollution and made rulesets for the rest of the world to follow. These rulesets allow to offset your business or country pollution by purchasing another countries pollution allowance. Their made up system to fix pollution is silly and has been going on for years, Germany being ripped off happened over years and this news piece does not cover the history and backstory of this system to show us how Germany was blindly spending money
German loves China. VW, BMW, Mercedes get money from German and invest in China. Wandel durch Handel. HAHAHAHA
carbon credit it self is a scam
lol in 8 minutes I heard 3 " there's no prove that....."s.
Germans tryied to scam the world with climate crisis, now they got scamed in return.
I burn stuff, you don;t
I am very not green, you are very green
I pay you to tell others that you burn half of what I burn
now we are both a little green
🤡🤡
Don't call carbon credit a scam when Germans officials are dumb, no due diligence before funding, no staff to check photographic reports of auditors, funds (public money) single foreign company with billion euro, instead of local company and jobs. You just did what the irresponsible official did, blame others first.
@@sneakymoveSomeone in Germany fraudulently obtained subsidies and found a Chinese company to cooperate. It is impossible to get German subsidies without the manipulation of high-ranking German politicians. German media dare not expose the top (most likely the Green Party), can only take the blame for the Chinese company
With this degree of carelessness and inefficiency, no wonder Germany’s economy is going down the drain.
An outcome that's been predicted at times in the past, and has never come to pass.
The level of incompetence is unfortunately not surprising these days. Germany nowadays is an entitled, lazy and bureaucratic nation living off of the hard work of their forefathers.
Have you ever lived in Germany?
Corruption
Dam
Invested millions and never visited the site? Amazing
Why is the German government paying anything or giving any credits that happen outside of Germany or EU at all? Seems like a no brainer to only offer these in places that are local and easy to check.
Thank you Captain Retrospective!
Corruption
No wonder US back out from climate change activities. So many scams or corruption for this reward / credit. Waste of government funds
Where is the due diligence on auditor, clean energy contractor before awarding the tender and funding?
3 people staff IS NOT an excuse for not having time to do your job
GERMAN Government must be investigated to make sure there is no money laundering, since one foreign company can get billion euro funds
The idea of paying abroad for "clean projects" billions of euros is ridiculous, especially when Chinese economy is thriving and Germany`s is falling.If you have some extra billions, how about spending a few on Hydrogen researches to help saving your own car companies?
@@ShuntySK the Chinese ecnomy isn't "thriving" but it seems to be better than Germany
Corruption
Carbon Credits are a great idea in an ideal society. Where no one lies, cheats or steals. In other words, they will never work in the real world.
same as communism, Ha Ha... in this case, carbon credit + communism + a country always lying
Succinctly put. Anyone who believes such a system would work has never stepped foot into the business world.
China caught cheating/lying?
Nooooo never 😅
Try to read the other carbon credit scam, and don't forget the government and the auditing company is European and Germany base.
funny how you associate a few bad player to a whole country.. care to tell me your country i bet i can find similar scam
Have u ever wonder why a single foreign company can get billion dollar funding. ? Blaming China is just a facade of things. Money laundering is more likely.
Anyone who was tricked isn’t fit for the job and should resign or be sacked!
Have you ever been misled?
They should pay
Bro in case the German government is interested I have saved approximately 1 billion tons of carbon and I am ready for my paycheck. I will also accept wire transfer. USD please.
Don't feel so bad about sending $10,000 to a Nigerian Prince now
How many lifes of common German folk was not improved in order to blindly toss that money out... Quality of management staff all over the world seems to dive in some hellish butthole.
You give hundreds of millions and don't supervise it? Whose fault is that?
agree. who managed those money?
Crazy considering the the oversight needed for something like a military contractor for kit. That helmet took a decade to get into production 😂
Why do you guys subsidies foreign green measures anyways.
Well... the environment doesn't actually respect your State borders, and the impacts of our actions on the environment don't either. Figure the rest out for yourself.
Well played China 😂
Trick!? 🤣 Someone was getting kickbacks
Quickest way to plunge your own economy by funding billion public money to foreign companies. Bravo.
The idea is never invest in anything in China.
Never understood the philosophy behind paying such donations. If the Chinese are not interested in making the air cleaner by themselves then you can do nothing about that. All your money will just be wasted. Ridiculous to hear that "the Chinese government will not allow to inspect this kind of objects" and still you are ready to pay these money. 🤦
"If the Chinese are not interested in making the air cleaner by themselves"
are u living under a rock? tell me who has the most EV? solar farm? and other green energy?
Corruption just like money to Ukraine
@@jetli740 So why do they need for more money then? The preamble was that I don't understand the reason for these donations. And I still don't understand even after your reply.
Because corrupt officials in Germany want the money@@mmkr1-gl5bg
No serious discussion of the unprincipled people in the West who want to get rich doing business with the regime in Beijing, and who know the job is dangerous when they attempt it with the Chinese political economy.
You… have 3 people overseeing billions of dollars? And cannot be bothered to check satellite images? Boy they really must have too much money. Companies I know already make a fuss when you just want to spend a few hundred thousand dollars…
Rattled by China, West scrambles to rejig critical minerals supply chains
By Amy Lv, Divya Rajagopal and Ernest Scheyder December 6, 2024
BEIJING/TORONTO/LONDON, Dec 6 (Reuters) - China's trade restrictions on strategic minerals are starting to hit Western companies where it hurts. Blaming Beijing's curbs on antimony exports announced in August, German chemicals and consumer goods heavyweight Henkel (HNKG.DE) told customers last month it had declared force majeure and suspended deliveries of four types of adhesives and lubricants widely used by automakers, according to a Nov. 8 letter to clients reviewed by Reuters.
Henkel uses the silvery metal to make its Bonderite and Teroson-branded products, core parts of the company's adhesive technologies division, which brought in 10.79 billion euros ($11.4 billion) in revenue last year.
"We have been notified by our suppliers that the importation of these raw materials has been delayed pending the Chinese government accepting license applications," according to the letter, which was signed by two senior executives.
"As a result, Henkel is hereby declaring force majeure in connection with its deliveries of these products,
The greens really screwed Germany…
OMG This is sooooooooooo funny 😂😂😂😂😂😂 like ....we only have 3 employees they cannot check the projects , they cannot check satelite images either🤣🤣🤣🤣
I can imagine all the Chinese watching thing and laughing at the Germans.
beaurocracy is everywhere in German offices. Therefore, if someone provides a perfect plan on paper it highly chance got approved :)
Those auditors need some good prison time to think…
they could be part of it to get under the table share
Just pieces of junk paper and making billions.
If you think carbon credits are merely a piece of paper I encourage you to do more research
Corruption
YOU CANNOT FOOL MOTHER NATURE - SHE IS ALREADY PISSED OFF!!!
She don't care. The earth doesn't even know we're here
Greed will destroy 'decency'.
This video producer director might want to explain how this is supposed to work. What is the "money" that is spent? What kind of money? Where does this "money" come from? Etc.
Meanwhile China has almost 50% of all its energy consumption from Renewable Energies. 😂😂😂
A readily accessible fact that the detractors seem incapable of discovering.
coal you mean ?
Nope, largest is still COAL. New coal power plants every year
1:47 so you get carbon credits for selling natural gas? Where exactly was Carbon saved or sequestered?
The United States is the number 1 producer of natural gas, do we get carbon credits for that?
Western media never talk about per capita carbon emissions, which is tantamount to playing hooligan! Take a look at the per capita carbon emissions in the United States, and what is the per capita carbon emissions in China? The German media never dares to criticize the United States!
😂😂😂😂 carbon credit scam as usual. That's also EU money 😂😂😂
Hope there is a follow up report on this! Danke DW News! ❤️🇩🇪 How far can the Taurus go?
made in China Version 2
Being nature friendly is the heartbeat of every indigenous communities' teachings and values worldwide. However, their younger generations think all these old values are outdated and leave them behind. Now they are struggling to deal with the consequences 🤷♀️
People who are signing big cheque should know who are they responsible to...
Company greed. It has to stop.
Wtf
Take back the ports!!!
Germany in a nutshell.
This is a clear case of antisemantism. Thank you YT for making writing comments impossible.
Come on... Were tricked? Please
Between green washing and double standards.
These are carbon tax credit, not money. Am I right? It is created from nothing. So don't cry.
This is probably happening in America also..
Definitely there is signs of corruption some where. How can it be approve at the first place 😅
In conclusion, no evidence as always. Typical.
Nah, Nothing is going to beat dieselgate
🤦 Scam or corruption?
When in Rome. PFAS everywhere.
Bigger than the BER airport? That was supposed to cost 1 billion euro, however, end up costing 8 billions!
Was it fraud or is Germany very bad in project management to not say dumb?
Jail?
Here we go again
somebody stop the ling ling
What a surprise !
Are they too soft just to check on remote areas? These lazy auditor has hurt the whole reputation of environmental audit job and must be imprisoned as well! Shame on them!
Well this comment section is gonna be lively,
UK some city have clean air zone, driver have to paid about 15 EU or £12.50 to drive through for many driver to take a longer de tour route, create traffic just outsize the zone this create more Co and green house gas......
it a scam to get money from it citizen
The island of Formosa (Taiwan) was annexed by the Chinese Qing dynast in 1683 and ruled for 212 years before it was occupied by Imperial Japan in 1895. The occupied province was returned to China in 1945 via general order no 1 by General MacArthur. The Nationalist government -The Republic of China ruled both the mainland and the island provinces of Hainan and Taiwan until it was defeated in the Chinese civil and the Nationalist Government (The Republic of China) fled to the island province of Taiwan. The Republic of China - located in the Chinese province of Taiwan became a member of the UN security council and represented ALL of China until 1972, when it was kicked out by a UN vote. By the way India, the Philippines and the UK voted to kicked out the representatives of The Republic of China and to install the representatives of the CPC (Communist Party of China). Under the succession of states theory the CPC has the legal right of governing all of mainland China and the two island provinces of Hainan and Taiwan which were previously under the administration of the Republic of China. The UN charter accepts the one China policy acknowledging that the CPC is the legal representative of the island province of Taiwan in the UN assembly. Thus Taiwan is not an independent country but part of China operating under the constitutional principle of one country two systems.
Peak Germany
Just bureaucrats doing bureaucrat things 🤷🏻♂️
Again. Every German is just 'meh' after BER, Stuttgart21 and the MAUT disaster 😂
Calm down folks
Me deben dinero... Por... Grandes socios...
Seriously, GERMANS complaining of someone else's carbon emissions?
This is about fraud mate. Beside...Germany's emission accounts for 3% globally...if I am not mistaken.
😂😂😂😂
I know this is a serious matter but feels so hilarious
This was the inevitable result of the carbon credits scam taken to the extreme.
You need to do more research if you think carbon credits are a scam
A message from gods knights, one born every minute 🤣😂🤣😂 the Net Zero scam!!!!!!
Greenwashing..😂
Sounds like a fabricated story. Never heard German pays Chinese company for anything, especially companies in Xinjiang.
Did germany pay for pollution it generated among the history yet?
I understand, but... ✋
Germanycanpoweritsentireindustrywithgeothermalandsolarpowerthanimportednaturalgasandithasthetechnologytodosoandgermanywillbeback
Bruh
德国🇩🇪真闲😂😂😂
Imagine living in China. 🫵😂
Does that raise your social credit score?
Dealing business with Chinese companies everything needs to be checked and verified and confirmed and confirmed 😱😱I got burned lots of times🤣🤣
Specially there is a third party involved 🥹