"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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Saturday, 3 December 2011
The EU dream and Kyoto will expire together
"As we know, the planet was not saved at Copenhagen. The largest conference the world has ever seen ended in acrimony, without establishing a successor to the Kyoto Protocol – a new treaty that would have landed humanity with the biggest bill in history, by far. Last year, an attempt to revive it, in Cancun, ended in further dismal failure. Now a third UN conference, taking place in Durban, looks even more forlorn, and any hope of a successor to Kyoto is slipping towards oblivion."