"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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Friday, 2 December 2011
Climategate And The Self-Destruction Of Science
"Governments around the world have spent billions on policies to counteract the impact of global warming. They have done so because policy-makers, politicians and the public have been told that the science is built on bedrock. But some of that bedrock turns out to be sand.
Instead of distancing themselves from the shenanigans, the broader climate-science community has treated the central figures in Climategate like persecuted heroes. That is a terrible mistake, because it erodes the credibility of the entire field. The suppression of legitimate debate is a catastrophe for climate science. It’s also a catastrophe for science, period."