"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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Wednesday, 8 August 2012
July 2012 Hottest Ever in the U.S.? Hmmm….I Doubt It
"As far as daily HIGH temperatures go, 1936 was the clear winner. But because daily LOW temperatures have risen so much, the daily AVERAGE July temperature in 2012 barely edged out 1936. Now, of course, we have that nagging issue of just how much urban heat island (UHI) effect remains in the data. The NCDC “homogenization” procedures are not really meant to handle long-term UHI warming, which has probably occurred at most of the 1218 stations used in the above plot."