"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"
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Thursday, 29 November 2012
New paper shows W Greenland glacier retreat has decelerated about 50% over past 70 years
"A new paper published in The Cryosphere examines historical length changes of glaciers in W Greenland from 1800-2010 and finds "the average rate of retreat was largest in the first half of the 20th century." Data from the paper shows the average rate of retreat peaked at 25 meters per year during the 1930's and has decelerated to about half that rate over the past 70 years. Note glaciers have been generally retreating for 20,000 years since the peak of the last major ice age, and since the end of the Little Ice Age in 1850."