"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, 11 December 2009
Copenhagen climate summit: Blindfolds are hiding the crucial issues at Copenhagen
"It is now obvious that the science behind rising CO2 levels is far from settled....The first of these is the matter of cost: the scarcely believable bill our politicians wish to land us with as the price of their proposals to meet the supposed threat of global warming. ....Already under last year’s Climate Change Act - on the Government’s own figures – we in Britain alone are committed to shell out £18 billion every year from now until 2050. ....But even this may look like a gross underestimate when we realise that it is now the law of the land that, over the same 40 years, Britain must cut its emissions of carbon dioxide by a staggering 80 percent or more. ....Short of an as-yet undreamed of technological revolution, this could not possibly be achieved without closing down not just most of our transport system and electricity supplies but virtually all of our current economic activity."