"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...
Saturday, 11 February 2012
Rebel MPs’ weasel words about wind farms
"Much more glaringly dishonest, however, is that the MPs only protest against “onshore” turbines (their letter repeats “onshore” no fewer than four times).They make no mention of the thousands of offshore turbines the Government wants to see built – even though these are just as “inefficient and intermittent” as onshore wind farms and receive double the subsidy. Onshore wind energy gets a subsidy of 100 per cent; that for offshore is 200 per cent. So why did the MPs not object twice as vociferously to offshore wind farms?
Herein lay the third dishonesty of their letter. They carefully omitted to mention that we have a commitment to the EU to produce 32 per cent of our electricity from “renewables” by 2020. The only way to try to meet that absurd target is by buildings tens of thousands of windmills. The official figure is only 10,000, but Mr Huhne, just before he resigned, was babbling about 32,000, a figure his equally deluded successor Ed Davey has not denied."