"Carbon (Dioxide) trading is now the fastest growing commodities market on earth.....And here’s the great thing about it. Unlike traditional commodities markets, which will eventually involve delivery to someone in physical form, the carbon (dioxide) market is based on lack of delivery of an invisible substance to no-one. Since the market revolves around creating carbon (dioxide) credits, or finding carbon (dioxide) reduction projects whose benefits can then be sold to those with a surplus of emissions, it is entirely intangible." (Telegraph)
This blog has been tracking the 'Global Warming Scam' for over ten years now. There are a very large number of articles being published in blogs and more in the MSM who are waking up to the fact the public refuse to be conned any more and are objecting to the 'green madness' of governments and the artificially high price of energy. This blog will now be concentrating on the major stories as we move to the pragmatic view of 'not if, but when' and how the situation is managed back to reality. To quote Professor Lindzen, "a lot of people are going to look pretty silly"
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Friday, 18 December 2009
Climategate: Monckton and North spit-roast Pachauri
"A couple of must-reads if you haven’t seen them already. First, the splendid Christopher Monckton’s thoroughgoing demolition of a speech given at Copenhagen yesterday by the IPCC’s increasingly threadbare chairman, Dr Rajendra Pachauri."
New research: The economic cost of a 42 per cent reduction in carbon dioxide emissions by 2020 (TPA)
"Prime Minister Gordon Brown has now offered, at the climate change conference in Copenhagen, a cut of 42 per cent in Britain’s carbon dioxide emissions by 2020. That would be a massive increase from the current 20 per cent target. This research note shows that meeting such a target could mean massive cuts in Britain’s national income."