"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"
PS: If you have arrived here on a page link, then click on the HOME link...
Monday, 12 March 2012
Fuelling an inconvenient delusion that spells ruin for Scotland
"WIND power – more accurately wind impotence, since turbines operate at just 24 per cent of capacity – is the curse of Scotland. One of the most beautiful landscapes in Europe has been brutally ravaged, families have been driven into fuel poverty, pensioners have been presented with the lethal dilemma “heat or eat” – all to appease the neurotic prejudices of global warming fanatics. .....The inefficiency of wind turbines requires perpetual back-up by building gas turbine power stations – running two parallel energy generation systems, each alternately redundant, in times of economic crisis. The fiscal ratchet is turning relentlessly. The Renewables Obligation, introduced in Scotland in 2002, forces electricity suppliers to source an increasing proportion of power from renewables, currently 11.1 per cent and rising. By 2027 this scam will have cost UK customers £32bn. .....The worst enormity of this scheme for the environmental devastation (in the name of saving the environment) and impoverishment of Scotland is that it is all founded on a superstition: the Grande Peur of man-made global warming. Never has science been so shamelessly manipulated. Forget the notorious frauds – the discredited “Hockey Stick”, Al Gore’s misrepresentations of ice-core samples, the Siberian tree rings, the melting Himalayan glaciers, the University of East Anglia emails, the sea levels rising only in computer models, the polar bear population “declining” from 5,000 to 25,000 since 1970 – and go to the original false premise."