Climategate

"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)

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Monday, 30 January 2012

A Rose on winter

Bishop Hill
"Over the weekend there was quite a lot of interest in David Rose's article in the Mail, which addressed new figures from the Met Office which appeared to confirm a lack of any warming in the last 15 years. ......The Met Office have now responded, with a blog post that has a whiff of Bob Ward about it: "includes numerous errors in the reporting of published peer reviewed science". The argument seems to be that if you take decadal averages it is still possible to obscure the plateau in the temperatures.

Or words to that effect."
Posted by at 12:30

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