"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)
Friday, 4 February 2011
Prof. Larry Bell of Forbes, fires back at RealClimate.org for their 'desperate hit and run tactics' against skeptics
"Prof. Larry Bell: I have recently earned the special distinction afforded to such other global warming crisis skeptics as Senator James Inhofe; Steve McIntyre and Ross McKitrick who exposed the infamously flawed “hockey stick” graph that has been used to promote human-caused climate hysteria; writers Michael Crichton and George Will; and many others who take issue with their ideologically-based alarmism. ...."