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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Monday 5 July 2010

Catastrophism collapses

Financial Post
"G20 leaders in Toronto tried to avoid the fate of colleagues felled by warming advocacy...These leaders’ collective decisions in Toronto reflect their individual experiences at home, and a desire to avoid the fate that met their true-believing colleagues, all of whom have been hurt by the economic and political consequences of their global-warming advocacy.

Kevin Rudd, Australia’s gung-ho global-warming prime minister, lost his job the day before he was set to fly to the G20 meetings; just months earlier Australia’s conservative opposition leader, also gung-go on global warming, lost his job in an anti-global-warming backbencher revolt. The U.K.’s gung-ho global-warming leader during last year’s G8 and G20 meetings, Gordon Brown, likewise lost his job.

France’s President Nicolas Sarkozy, who had vowed to “save the human race” from climate change by introducing a carbon tax by the time of the G8 and G20, was a changed man by the time the meetings occurred. He cancelled his carbon tax in March, two days after a crushing defeat in regional elections that saw his Gaullist party lose just about every region of France. He got the message: Two-thirds of the French public opposed carbon taxes.

Spain? Days before the G20 meetings, Prime Minister José Luis Rodríguez Zapatero, his popularity and that of global warming in tatters, decided to gut his country’s renewables industry by unilaterally rescinding the government guarantees enshrined in legislation, knowing the rescinding would put most of his country’s 600 photovoltaic manufacturers out of business. Italy’s Prime Minister Silvio Berlusconi similarly scrapped government guarantees for its solar and wind companies prior to the G8 and G20, putting them into default, too.

The U.K may be making the biggest global-warming cuts of all, with an emergency budget that came down the week of the G20 meetings. The two government departments responsible for climate-change policies — previously immune to cuts — must now contract by an extraordinary 25%. Other U.K. departments are also ditching climate-change programs — the casualties include manufacturers of electric cars, the Low Carbon Buildings Program, and, as the minister in charge put it, “every commitment made by the last government on renewables is under review.“ Some areas of the economy not only survived but expanded, though: The government announced record offshore oil development in the North Sea — the U.K. granted a record 356 exploration licences in its most recent round.

Support for global-warming programs is also in tatters in the U.S., where polls show — as in Europe — that the great majority rejects global-warming catastrophism. The public resents repeated attempts to pass cap and trade legislation over their objections, contributing to the fall in popularity of President Barack Obama and Congress. Public opinion surveys now predict that this November’s elections will see sweeping change in the United States, with legislators who have signed on to the global-warming hypothesis being replaced by those who don’t buy it."

H/T Climate Depot

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