"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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Friday, 23 November 2012
The real cost of green energy: Plans for new wind farms and nuclear reactor could add £75 to average electricity bill
"Electricity bills could rise by £75 a year by 2020 to fund a new generation of wind farms and nuclear reactors, it emerged last night. And by 2030 annual bills will go up by an estimated £178 under all the Government’s green and fuel poverty policies. A green energy strategy to be unveiled next week will treble the costs levied on bills from £2.35billion a year to £7.6billion."