"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 three years now, four when we get to the end of November this year. 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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Monday, 17 January 2011
Richard Lindzen: A Case Against Precipitous Climate Action
"In view of the above, one may reasonably ask why there is the current alarm, and, in particular, why the astounding upsurge in alarmism of the past 4 years. When an issue like global warming is around for over twenty years, numerous agendas are developed to exploit the issue. The interests of the environmental movement in acquiring more power, influence, and donations are reasonably clear. So too are the interests of bureaucrats for whom control of CO2 is a dream-come-true. After all, CO2 is a product of breathing itself."
Richard Lindzen is the Alfred P. Sloan Professor of Meteorology at the Massachusetts Institute of Technology and a member of the GWPF's Academic Advidory Council