"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...
Sunday, 12 February 2012
Wind industry's extensive lobbying to preserve subsidies and defeat local resistance to turbines
"The intensive lobbying – both to construct wind farms and to maintain generous subsidies – comes amid growing unease over an industry adding to the burden on household electricity bills. Analysis of UK wind farms shows that the 15 biggest owners will between them receive almost £850 million in subsidies that are added on to household electricity bills. It comes after the disclosure last week that 101 Tory backbench MPs had written a letter to David Cameron demanding he slash the subsidies.
An investigation shows how the wind energy industry has:
* employed lobbying firms to fight against Government plans to cut a near £1 billion a year subsidy
* drafted in eco-activists to drum up support for wind farm projects in the face of local opposition
* defeated a Tory election pledge that could have triggered local referendums on wind farms before they are built
A separate study by the Renewable Energy Foundation (REF), a think tank opposed to onshore wind farms, shows that 7,000 turbines are on course to be built onshore across the UK by 2020, helped by a 70 per cent success rate on wind farm planning applications. REF expects the total consumer subsidy paid out by 2030 to amount to a staggering £130 billion."