"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, 24 December 2011
Now Brussels clobbers British holidaymakers with a green tax on flights: Family of four forced to pay £80 more to fly to America
"From January 1, all airlines will be required to buy a ‘permit to pollute’ to cover the cost of their carbon emissions plus extra costs if they exceed their emissions limit. The court yesterday rejected a challenge from the U.S. and other non-EU nations that the levy infringes their national sovereignty and violates international aviation treaties. The cost will almost inevitably be passed on to passengers, and the EU calculates the cost will be £10.50 on a one-way transatlantic flight – or £21 return. For many shorter flights it will be up to £1.75 each way."