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, 11 June 2011

'Leccy price hike: Greens to blame as well as energy biz . Who's paying for your neighbour's solar panels? You are

The Register
"Why? Because of government regulations imposed on the energy companies, whose effect is to drive up prices and pass the resulting extra cash to the owners of renewable power generators: from massive windfarms to rooftop solar panels on houses.

The first of these schemes is the Renewables Obligation, which compels anyone supplying electricity in the UK to present Renewables Obligation Certificates (ROCs) equal in number to a given percentage of the total 'leccy they supply (in megawatt-hours) each year. This percentage has been steadily climbing since the RO was introduced at the turn of the century: today it is 11 per cent and it will climb to a bit more than 15 per cent in 2015. After that it will persist until at least 2037 - it was supposed to stop in 2027 but the scheme was extended last year."
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