"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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Thursday, 20 December 2012
Climate Change Draft Undermines U.N.'s Claims
"As it's done many times before, the U.N.'s Intergovernmental Panel on Climate Change met in November to assess the threat of man-made global warming. And now it's working on a report intended to scare the masses into believing that humans are burning up their world. We don't doubt that the final version of the IPCC's fifth report due next year will indeed make the usual attempt to frighten everyone. But for now those who trade in global warming alarmism are having to smooth out a troublesome bump in the report's draft.
........Yet again, the IPCC shows it's not interested in scientific inquiry but rather politics that serve one group while countering another. Like so much of the U.N., it has nothing useful to offer." (h/t Climate Depot)