"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 ten 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"
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Tuesday, 27 March 2012
Climate Obstinately Refuses to Cooperate with Global Warming Alarmists
"Temperatures have been essentially flat since 1998, with the exception of another brief 2010 El Nino spike immediately followed by a dramatic 2011 La Nina decline. About half of all estimated warming since 1900 occurred before the mid-1940s despite continuously rising CO2 levels since that time.
Our warm 2011/2012 U.S. winter would have been a very welcome difference from what much of world experienced. A European cold spell killed more than 500. More than 140 perished in the Ukraine, along with hundreds of others in France, Serbia and the Czech Republic. Europe’s 2,860-kilometer Danube that is crucial for transport, power, industry and fishing froze over, as did nearly all rivers in the Balkans. More than 130 villages in Bulgaria went without electricity.
Closer to those of us in the lower forty-eight, Fairbanks, Alaska reported the coldest January temperatures since 1971, with temperatures reaching -24º F. The coldest January average temperature there occurred in 1906 (-36.4º F).
Recent readings taken from more than 30,000 measuring stations that were quietly released by the U.K.’s Met Office and the University of East Anglia University Climate Research Unit show that world temperatures haven’t warmed over the past 15 years. Nor are they likely to for quite awhile. Many scientific studies indicate that the global climate will soon enter a substantial cooling phase attributable to a weak new solar cycle. This is predicted due to important modulating cloud-forming influences of cosmic rays throughout periods of reduced sunspot activity. More clouds tend to make conditions cooler, while fewer often cause warming."