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"


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Sunday, 3 July 2011

Subsidy Farms

GWPF
"One cold-calling letter passed to The Sunday Telegraph reveals how energy companies are trawling the Land Registry in the race to find suitable sites for turbines.

The letter, sent by a company in Suffolk to a farmer in Northumberland, states: "By hosting a wind energy project, this could provide a secondary source of income by diversifying the use of the land, which we would estimate could be in the region of £18,000 per turbine per annum." The letter suggests the piece of land identified would be suitable for four wind turbines with a capacity of two to three megawatts.

Dr John Constable, director of the Renewable Energy Foundation, a think tank which has criticised the cost of green subsidies for wind farms, said each turbine, which would need to be about 400ft high, would generate in the region of £660,000 a year in income for the developer. Approximately half of that income comes from selling electricity to the National Grid but the rest - about £330,000 - comes in the form of a consumer subsidy intended to encourage the growth in wind energy.

In other words, the one field in Northumberland identified by the energy company would generate about £2.64 million in income a year."

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