"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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Wednesday, 3 August 2011
Green taxes are crippling the recovery
"Unilateralist was widely used as a term for those who favoured Britain's nuclear disarmament regardless of any agreement from other countries to do the same. Now we have the green unilateralists. It is embodied in Government policy by the Climate Change Act that imposes legal requirements on the UK concerning CO2 emissions that apply regardless of the rest of the world. Forcing energy-using industries to migrate abroad can not make sense however convinced you might be that global warming is a reality. We are already uncompetitive so far as tax and regulation is concerned - something the 'green agenda' contributes to. Artificially forcing up energy prices is indeed a tipping point for many companies. The Government should heed the warning from manufacturing industry."