"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, 13 January 2012
Global warming: red-faced climatologist issues grovelling apology
"But you'd never guess it from his high-handed tone when he was asked why he'd lost. "Just bad luck," Annan explained, going on to insist (contradicting most available real-world data, it must be said) that the trend for global warming remained "robustly positive." He then agreed to another four-year bet. If it went against him a second time would he change his mind, Annan was asked. At first he appeared to agree that it would but then he started backtracking, insisting that it wouldn't change in the slightest his view that carbon dioxide causes global warming….
This "Even though I was wrong I'm still right" syndrome afflicts a lot of people in the climate alarmist community. But then, you can hardly blame them for their wilful self-delusion and glib complacency for they seem to operate in a bubble in which there are no punishments for failure."