"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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Wednesday, 19 December 2012
New paper finds sea levels were significantly higher during past interglacials
"A paper published today in Quaternary Research finds sea levels on the island of Curaçao [southern Caribbean] during the last interglacial were up to 9 meters higher than the present, and that during another interglacial period 400,000 years ago sea levels were up to 20 meters higher than the present. According to the paper, these significantly higher sea levels during prior interglacials "require major ice sheet loss from Greenland and Antarctica." The authors determine sea levels by dating fossilized reefs that are presently located high above current sea levels [photo below]. The paper also shows sea levels in the Red Sea were up to ~8 meters higher than the present within the past 5,000 years of the current interglacial, and up to ~12 meters higher than the present during the last interglacial. This and many other papers debunk claims by climate alarmists that recent sea level rise is unprecedented, unnatural, or accelerated. In fact, sea levels rose at a constant rate without acceleration during the 20th century, and have decelerated since 2005 to a rate of only ~1.2 mm/yr [less than 5 inches per century]."