"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, 21 November 2012
New paper finds the data do not support the theory of man-made global warming [AGW]
"An important paper published today in the European Geosciences Union journal Earth System Dynamics uses polynomial cointegration to find "data for 1880–2007 do not support the anthropogenic interpretation of global warming during this period." The paper demonstrates "there is no relationship between temperature and the anthropogenic [man-made greenhouse gases] anomaly, once the warming effect of solar irradiance is taken into consideration."