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 16 October 2010

Renewables will add £880 a year to bills

Telegraph
Trying to meet our EU renewable energy target would cost more than we currently spend on our entire electricity production, says Christopher Booker.
"Is there any subject on which more nonsense is talked and written than the mindblowing proposals being bandied about by the Government for meeting our EU target of generating, within 10 years, 30 per cent of our electricity from renewable sources? (That is roughly six times the current total, meaning that we have by far the most challenging target of any country in Europe.)

For instance, the industry regulator, Ofgem, recently announced that by 2020 we will need to have spent £40 billion on connecting up our new renewable energy sources to the national grid – £4 billion a year. Alistair Buchanan, the head of Ofgem, blithely claimed, on the BBC Today programme and elsewhere, that this would only add £6 a year to the average electricity bill of Britain’s 25 million households. Yet ten seconds with a calculator shows that the cost per household of that £4 billion a year works out to £160. "

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