"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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Friday, 7 December 2012
New science upsets calculations on sea level rise, climate change alert print comment Ice sheet melt massively overestimated, satellites show
"A new analysis of data from dedicated satellites shows that one of the main factors predicted to drive rising sea levels in future has been seriously overestimated, with major implications for climate talks currently underway in Doha.
.......If the Greenland ice losses aren't accelerating, there's no real reason to worry about them. According to the Princeton statement:
At current melt rates, the Greenland ice sheet would take about 13,000 years to melt completely, which would result in a global sea-level rise of more than 21 feet (6.5 meters).
Put another way, in that scenario we would be looking at 5cm of sea level rise from Greenland by the year 2130: a paltry amount. Authoritative recent research drawing together all possible causes of sea level rise bears this out, suggesting maximum possible rise in the worst case by 2100 will be 30cm. More probably it will be less, and there will hardly be any difference between the 20th and 21st centuries in sea level terms." (h/t Climate Depot)