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"


PS: If you have arrived here on a page link, then click on the HOME link...

Saturday 9 October 2010

Ed Miliband is the costliest politician in British history

When Ed Miliband won the Labour leadership, the commentators overlooked his most startling achievement, says Christopher Booker(Telegraph)
"Signally missing from all the attempts to find any substance in the strangely two-dimensional figure who is now leader of the Labour Party has been any reference to Ed Miliband's most spectacular achievement – the fact that he is potentially the most expensive politician in Britain's history,

The only real contribution David Miliband's little brother has so far made to our lives in his meteoric political career was to put through the 2008 Climate Change Act. This commits Britain, uniquely in the world, to cutting its CO2 emissions by 80 per cent by 2050, at a cost estimated, on the website of his old Department for Energy and Climate Change, at up to £18.3 billion every year for the next four decades. In cash terms this amounts to £734 billion, making it far and away the most costly law ever put through Parliament. It will equate to more than £700 a year for every household in the land, as we pay for thousands more useless windmills and other quixotic gestures through fast-rising taxes, soaring electricity bills, draconian regulatory costs and heaven knows what else. Furthermore, neither Mr Miliband himself, nor any of his Act's supporters, could begin to explain how that 80 per cent target is to be attained without closing down virtually our entire economy."

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