The issue is that global warming is being used as an excuse for wealth transfer to corporations. First, the government is giving carbon allocations to business. You the citizen, do not receive any allocations but are for required to pay for them. Secondly the initial allocations are arbitrary and not validation is done. So a company can sandbag asking for an initial high allocation which they can later sell. Thus you as an individual are essentially transferring your wealth to corporations. Thirdly the government has made it so only it can issue carbon credits kind of like currency. So soon all the carbon currency will be owned by industries. This is a great way to transfer wealth when a currency crisis is developed. The alternative currency with be carbon credits. The fraud is committed because the issuance of the allocation is only to corporations so as to enslave the individual citizen.