"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"
PS: If you have arrived here on a page link, then click on the HOME link...
Tuesday, 31 January 2012
Obama's clean energy scorecard
"In just the past week we’ve learned that three so-called “green energy” companies have either gone out of business or are laying off massive numbers of employees.
Evergreen Energy: This company received $5.3 million in government “stimulus.” That’s either your money or money we had to borrow from China. Evergreen has filed for bankruptcy.
Eneri. They manufacture batteries for electric vehicles. Bankrupt. Millions more in “stimulus” money.
Amonix, Inc. They make solar panels. $5.9 of your money --- now laying off two-thirds of its workforce; about 200 people.
And of course you remember Solyndra. About a half-billion shot to hell there."