"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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Thursday, 22 December 2011
More bad news for the anti-energy, green greed brigade
"..In Germany, especially, the attrition rate has been amazing. According to Reuters, no fewer than 5,000 German solar companies have gone bust in the last year, shedding around 20,000 jobs. .......Let me explain, once more for their benefit, in very simple language why I have a problem with the man-made global warming industry: on the basis of little hard scientific evidence (only computer projections), trillions of pounds, dollars and euros are being pumped into projects which make energy needlessly more expensive, cause tremendous environmental damage, slow down economic growth, stifle liberty and destroy jobs."