"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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Wednesday, 19 December 2012
New paper finds climate models exaggerate predictions of tropical cyclones
"A new paper published in The Journal of Climate admits that climate models are greatly exaggerating the likelihood that global warming increases tropical cyclone activity or intensity. According to the authors, "temperature trends in NCEP [the National Center for Environmental Protection database] are unlikely to be accurate, and likely drive spuriously positive TC [tropical cyclone] and PI [potential intensity] trends, and an inflated connection between absolute surface temperature warming and TC [tropical cyclone] activity increases." Indeed, as observations show no increase in global cyclone activity."