"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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Wednesday, 20 January 2010
Republican Senate Win May Kill Cap-And-Trade Bill
"Republican Scott Brown’s stunning win in the Massachusetts Senate race Tuesday does not bode well for Democratic plans to enact climate change legislation in 2010. At the very least, Brown adds another vote against a cap-and-trade bill – a plan the state senator attacked during his successful campaign against state Attorney General Martha Coakley (D) for the seat held by the late Ted Kennedy. But more broadly, the rare election of a Republican senator in Massachusetts, which comes amid high unemployment, could fuel Democratic reluctance to take up climate legislation that opponents call harmful to the economy."