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...

Wednesday, 20 October 2010

Green Subsidies: Price Shock For German Electricity Customers

GWPF
"Next year, German households are in for a big price shock: the renewable energies levy, which every household in Germany has to pay as part of their electricity bills, will increase by over 70 per cent to 3.5 cents per kilowatt hour. This was announced by the German network operator on Friday. For an average household this will mean additional costs of around 10 € a month, according to the Federal Environment Ministry.

An end to the price spiral, which is caused by the subsidies for green electricity, is not in sight. Holger Krawinkel, energy expert of the Federation of Consumer Organizations, expects a further rise of the so-called EEG surcharge in the medium term. “It will rise by more than 5 cents in coming years in any case", Krawinkel predicted in an interview with the news agency DAPD. The reason: The federal government has failed to cut subsidies for solar energy fast and strong enough. Moreover, the impending boom in offshore wind energy is not even included in the green energy levy."
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