"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...
Monday, 9 January 2012
Wind power is expensive and ineffective at cutting CO2 say Civitas
"A study in the Netherlands found that turning back-up gas power stations on and off to cover spells when there is little wind actually produces more carbon than a steady supply of energy from an efficient modern gas station.
The research is cited in a new report by the Civitas think tank which warns that Britain is in danger of producing more carbon dioxide (CO2) than necessary if the grid relies too much on wind.
Wind turbines only produce energy around 30 per cent of the time. When the wind is not blowing - or even blowing too fast as in the recent storms - other sources of electricity have to be used, mostly gas and coal.
However it takes a surge of electricity to power up the fossil fuel stations every time they are needed, meaning more carbon emissions are released."
The cost of wind (Bishop Hill)