The release of emails and documents from the Climatic Research Unit at the University of East Anglia onto the web gave rise to Climategate. The documents and emails exposed the fraudulent activity of a coterie of paleoclimate scientists, showing how they tortured data to create the notorious hockey stick graph used to promote the myth of man-made global warming. They subverted the scientific method, the peer review process and bullied scientific journals to suppress evidence contradicting their assertions.
It is a against this background and as a result of months of study of climate science that a presentation to the Chartered Institute of Securities and Investment demonstrated the parallels between sub-prime mortgage backed securities and carbon trading which amounted to $140 billion in 2008.
Slides for the presentation are available here together with an article covering most of what's in the presentation