"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)
Tuesday, 3 July 2012
Raining June: Last month was the wettest since records began in 1910 after 5.7in of rain fell (more than DOUBLE the average)
"This June was the wettest since records began, with double the average rain falling during the month, the Met Office said today. Provisional figures showed the UK received 145.3mm (5.7 inches) during June, beating the previous record of 136.2mm (5.4 inches) seen in June 2007 - and more than double the average for June of 64.9mm (2.5 inches) It is the second month this year to see record-breaking amounts of rain, after this April became the wettest in the records dating back more than a century to 1910."