"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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Sunday, 4 December 2011
Chinese want to lure the EU into continuing Kyoto by making vague promises.
“If all the conditions are met, we’re open to the process,” Xie told a briefing today. “For the new framework after 2020, we must continue the Kyoto Protocol, there must be a second commitment period. If there’s no second commitment period it’s not meaningful for us to talk about new framework. This is the first condition.”
.....China and other developing nations made non-binding pledges to reduce emissions at the UN talks in Cancun last year, where developed nations also made pledges that are voluntary. Su said it’s too early to say whether China would accept legally binding commitments after 2020."
ED:They need to save their PV and wind turbine production.