"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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Thursday, 6 December 2012
Good snowfall gives new life to glaciers
"MANALI: With high-altitude mountains in Himachal Pradesh experiencing up to 100 cm fresh snowfall in November month after 10 years, the abundance of snow on mountains has rejuvenated nearly one thousand glaciers and has ensured uninterrupted supply of water for drinking, irrigation and hydel projects.
Even after years of research on glaciers and climate of Himalayas, scientists have failed to learn the pattern of the weather here. While scanty snowfall and rising temperature in last decade had sparked the possibilities of fast shrinking of glaciers, good spells of snowfall in last three years have changed the trend with glaciers almost growing to their original size. Some scientists say that despite heavy snowfall in winters, the extreme heat in summers is causing the melting of the glaciers with abnormal speed and others say extreme cold in winters is neutralizing the minor effect of risen temperature in summer. Overall, speed of melting of glaciers has reduced over the past few years only due to good snowfall in winter months."