"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
" It might seem rather quixotic for a government that recently had to borrow £8.6 billion in a single month, in order to cover its ever-widening spending deficit, to then lash out £1.8 billion in foreign aid to build wind turbines in Mexico to supply Walmart with electricity, or to provide solar panels to some of the poorest countries in the world on condition that they don’t build the proper power stations they need to become richer.
This was what Greg Barker, our “climate change minister”, announced in Doha last week, although in fact we have long since committed this money under the Fast Start programme, whereby richer countries are pledged to pour billions into “climate-related” schemes in the Third World (a programme to which we are the biggest contributor after Japan)."