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...

Sunday 4 November 2012

North Sea Mk II: Britain is sitting on a £1.5 trillion gas goldmine which could bring enormous economic benefits...

Daily Mail
"Britain is sitting on a £1.5 trillion shale gas bonanza that could be worth more than the remaining North Sea gas. The amount is bigger than previously thought and would potentially bring energy price stability and independence from imports for decades. Although only about ten per cent of the gas is in unpopulated areas suitable for extraction, it would still be worth £150 billion. ,,,,,Although the shale gas reserves are unlikely to mean a fall in gas prices, there could be enough to prevent expected big increases for years. Oil and gas experts are also hopeful about the high concentration of gas in UK rocks, which is richer than even US shale deposits and would require fewer wells. The Coalition hopes that shale gas can transform the economy in the way North Sea oil did in the Eighties and Nineties. David Cameron has chaired a seminar to which he invited shale gas experts to come to Downing Street."

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