"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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Wednesday, 7 December 2011
At Climate Talks, a Familiar Standoff Emerges Between the U.S. and China
"Mr. Xie outlined five conditions under which China would consider joining such a treaty as a full partner, the major one being that China and other rapidly growing economies must be treated differently from the so-called rich countries. But that has been a deal-breaker for the United States for years and is the central reason that the Senate refused to even consider ratifying the Kyoto Protocol, a 1997 agreement whose goal, still unmet, is to limit global greenhouse gas emissions.
“These conditions are not new,” Mr. Xie acknowledged at a briefing at the conference center here where more than 190 nations are gathered for the 17th annual conference of parties to the United Nations Framework Convention on Climate Change. “These have been negotiated for past 20 years."