"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"
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Saturday, 2 June 2012
Spot the conflict: GE owns NBC, the Weather channel and lots and lots of wind turbine factories
"How “Green” is GE I wonder? GE Australia explains that the company focus is so green they have a special word for it: “Ecomagination is GE’s business strategy to help meet customers’ demand for products that improve their bottom line and reduce their impact on the environment. This will also drive growth for GE that delivers for our investors.” How much money does GE make from green philosophies? I don’t know, but GE wind explains that their most widely used wind turbine has produced no less than 16,500 bird killing, bat chopping versions planted around the globe, though they don’t say it quite like that. They have big plans for it. Their “ecomagination commitments for 2010 – 2015″ are planned to “double R&D to $10 Billion…” So that’s just $2 billion a year that GE will spend on green R & D for the next 5 years? Remember, Exxon have been controlling this debate by funding deniers with a measly $2 million a year (which stopped years ago). It just puts things in perspective…"