"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 five 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, 27 November 2010
There are black days ahead for the carbon industry
"It might seem mildly entertaining that the media's warmist groupies, led by the BBC, have been so eager to report the latest claims of James Hansen and Phil Jones – of Climategate fame – that 2010 is the hottest year in history, while inches of "global warming" cover Britain with its most extensive November snowfall in 17 years, heralding what promises to be our fourth unusually cold winter in a row. The explanation for the recent renewed spate of warmist scare stories lies, of course, in the fact that several thousand politicians, officials and lobbyists from all over the world are today arriving in the Mexican holiday resort of Cancun, where they hope to salvage a binding UN treaty from the wreckage of last December's fiasco in Copenhagen."