Climategate

"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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Tuesday 16 March 2010

Big profits in climate hysteria

Dr Richard North
"...However, the greatest potential profits are in the ill-defined "carbon trading" industry, currently valued at $126 billion. Gore, of course, is heavily involved with his Generation Investment Management LLP, which he chairs. Pachauri, through the Chicago and now the Indian climate exchange also has his fingers in the till. Thus, says the paper, given the clear conflicts of interest of those who both promote and profit from climate-change alarmism, the 2007 Nobel Peace Prize should be rescinded. "
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