"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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Monday, 18 June 2012
NASA discovers Antarctica was pretty warm (at 7C) 20million years ago - however it did rain a lot
"The team, including researchers from Louisiana State University and the University of Southern California, say the climate was suitable to support substantial vegetation - including stunted trees - along the edges of the frozen continent. By examining plant leaf wax remnants in sediment core samples taken from beneath the Ross Ice Shelf, the research team found summer temperatures along the Antarctic coast 15 to 20 million years ago were up to 11C warmer than today, with temperatures reaching as high as 7C. Precipitation levels also were found to be several times higher than today."