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 17 August 2010

Green taxes could treble by 2020, costing taxpayers more than £16billion a year

Daily Mail
"Taxes to pay for contentious climate change policies are set to treble over the next decade, soaring to more than £16billion a year.The hike is the equivalent of 4p on the current rate of income tax, a report from think tank Policy Exchange claimed.By 2020 the tax take from green levies will be roughly equivalent to total public spending in England on both the police and fire services, the figures show.Householders will pay £4.3billion in taxes on their energy bills by 2015 – more than double the £2billion they will pay this year. This will soar to £6.4billion by 2020, or around £280 for every household.Firms will also be hit hard, with energy prices rising from £3.7billion to £9.9billion in the next decade.The think tank warned that poorer households tended to spend more on energy so would have more of their meagre income swallowed up by taxes levied on household bills."

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