"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"
PS: If you have arrived here on a page link, then click on the HOME link...
Saturday, 31 December 2011
The World’s Slowest Learners
".. In July 1997, five months prior to the fanfare in Kyoto, the US Senate had already passed the Byrd-Hagel resolution. The vote was 95-0. Let me repeat: the vote was unanimous. It was bi-partisan. This resolution made it clear that not a single Democrat or Republican senator was prepared to support an emissions agreement that would harm the US economy while ignoring the growing emissions of up-and-coming economies such as China and India (see here, here, and here).
Had US senators all danced naked on the dome of the Capitol Building while blaring the news through trumpets they could not have sent a clearer message that the Kyoto approach was a no-go.
That was 14 years ago.
So how have UN bureaucrats spent the past decade-and-a-half? According to these same people, climate change is a planetary emergency and time is running out. So did they abandon the idea of a global emissions treaty and pursue a Plan B? Did they move heaven and earth to find an approach that would be acceptable to US senators and would therefore enlist the participation of the world’s largest economy?
Uh, no. Instead, UN bureaucrats (and their close friends in the environmental movement) have spent the past 14 years pretending – against all evidence – that a Kyoto-style treaty was somehow achievable. Thousands of them have flown off to exotic locales at regular intervals to hold climate summit after climate summit. Again and again they’ve pretended for the TV cameras that reaching such an agreement was a realistic expectation.
What, exactly, have these people been smoking?
Or, to use a phrase from my undergraduate days in women’s studies – Which part of ‘no’ did they not understand?"