"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"
PS: If you have arrived here on a page link, then click on the HOME link...
Thursday, 29 November 2012
Global warming still stalled since 1998, WMO Doha figures show
"Figures released by the UN's World Meteorological Organisation indicate that 2012 is set to be perhaps the ninth hottest globally since records began - but that planetary warming, which effectively stalled around 1998, has yet to resume at the levels seen in the 1980s and early 1990s.
The WMO figures are produced by averaging those from the three main climate databases: those of NASA, the US National Oceanic and Atmospheric Administration (NOAA) and the British one compiled jointly by the Met Office and the University of East Anglia.
The 2012 figure for the year so far stands at 14.45°C. If that were the figure for the full year, it would be cooler than 1998 (14.51°C) and most of the years since then (full listing from the Met Office here).
The official position of the climate establishment is that global warming is still definitely on and the flat temperatures seen for the last 14 years or so are just a statistical fluke of the sort to be expected when trying to measure such a vast and noisy signal as world temperatures with such precision. (The global warming since 1950 is assessed as just half a degree, a difficult thing to pick out when temperatures everywhere go up and down by many degrees every day and even more over a year.)"