"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"
PS: If you have arrived here on a page link, then click on the HOME link...
Friday, 28 December 2012
Good riddance! The economic damage wrought by former EPA chief Lisa Jackson
" The EPA chief is among President Obama's most abusive and reckless regulators—his repressed green id. Over her four years, Ms. Jackson inflicted an unprecedented surge of new rules on private business, including the most expensive ever in the history of government by several orders of magnitude. A "major" regulation used to be defined as imposing costs of $100 million or more. The EPA now routinely issues multibillion-dollar rules with little more than a press release.
Ms. Jackson most notably cranked up clean-air regulation that will force a third or even as much as half of the U.S. coal-fired electric fleet out of existence. She also rewrote laws to declare carbon emissions a "dangerous pollutant" even though the laws were written in the 1970s. Along with other rules, including auto efficiency standards, she started a re-engineering of the U.S. energy system, without so much as a Congressional vote."