"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 five 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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Thursday, 17 November 2011
Why BEST Will Not Settle the Climate Debate
"It turned out that they were willing to publish my letter, but not my credentials as emeritus professor at the University of Virginia and former director of the U.S. Weather Satellite Service. Apparently, they were concerned that readers might gain the impression that I knew something about climate. .....Contrary to some commentary, BEST in no way confirms the scientifically discredited hockey stick graph, which was based on multi-proxy analysis and had been so eagerly adopted by climate alarmists. ....None of the warmistas can explain why the climate hasn't warmed in the 21st century, while CO2 has been increasing rapidly. It's no wonder that Herman Cain, a former math and computer science major in college, says that "man-made global warming is poppycock" (NYT, Nov. 12). He blames climate fears on "scientists who tried to concoct the science" and "were busted because they tried to manipulate the data."