Climategate

"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...

Saturday 29 September 2012

George Osborne's CO2 tax will double UK electricity bills

Christopher Booker,Telegraph
"One reason why these plants are being hammered through their remaining quota of hours allowed by the EU is that a new UK tax comes into force next April, which aims to make fossil-fuel power significantly more expensive. In 2010, George Osborne announced his intention to impose, from April 2013, a “carbon floor price” of £16 on every tonne of CO2 emitted by British industry, rising to £30 a tonne by 2020 and £70 a tonne by 2030. An explicit purpose of this tax is to make the cost of electricity from fossil fuels so uncompetitive compared with “renewables” that it will, in the Treasury’s words, “drive £30‑£40 billion” of investment into “low carbon” sources such as wind and nuclear. On paper, the effect of Osborne’s new tax on our electricity bills looks devastating."

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