"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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Saturday, 8 December 2012
A Brief History of Atmospheric Carbon Dioxide Record-Breaking
Atmospheric CO2 concentration records were being broken long before anthropogenic emissions became significant.
Atmospheric CO2 levels were rising much faster than anthropogenic emissions from 1750-1875.
Anthropogenic emissions did not “catch up” to atmospheric CO2 until 1960.
The natural carbon flux is much more variable than the so-called scientific consensus thinks it is.
The equilibrium climate sensitivity (ECS) cannot be more than 2°C and is probably closer to 1°C.
The worst-case scenario based on the evidence is comparable to the IPCC’s most greentopian, best-case scenario.
Ice cores with accumulation rates less than 1m/yr are not useful for ECS estimations."