"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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Tuesday, 27 December 2011
£10m cost of turning off wind farms
"Official figures disclosed that 17 operators were paid almost £7 million for shutting down their farms on almost 40 occasions between January and mid-September. Continuing to make payments at that rate would lead to householders paying out £9.9 million in 2011 for operators to disconnect their turbines from the National Grid. ....“Onshore wind generation requires a 100 per cent back-up of carbon-burning technology or nuclear energy, should the wind not blow, and in addition to the devastation of the visual environment there are the problems of noise and flicker. They are the wrong renewables choice.”