"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"
PS: If you have arrived here on a page link, then click on the HOME link...
Wednesday, 20 January 2010
We got it wrong: UN climate change scientists admit error over Himalayan glacier report
"The world's leading climate change body has admitted it was wrong about a key prediction on global warming. .....But today the panel's chairman admitted that the figure quoted in the report was wrong and would now be reviewed.The row over the figures comes just months after the 'Climategate' email scandal and will reinforce doubts over the existence of man-made climate change. ....We are looking into the issue of the Himalayan glaciers, and will take a position on it in the next two or three days,' Rajendra Pachauri, head of the IPCC said. ...Last year India's government wrote a scientific paper which questioned the findings of the 2007 report.Environment Minister Jairam Ramesh said that while he accepted the glaciers were receding the 2035 forecast was 'not based on an iota of scientific evidence'."
IPCC apologizes for Himalayan glacier meltdown exaggeration, sort of