"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, 12 December 2012
NOAA 2012 report finds sea levels rising at less than half the rate claimed by the IPCC
"According to the latest NOAA sea level budget, global sea levels rose at only 1.1 - 1.3 mm/year from 2005-2012, which is less than half of the rate claimed by the IPCC [3.1 mm/yr] and is equivalent to less than 5 inches per century. Contrary to alarmist claims, sea level rise decelerated over the 20th century, has also decelerated since 2005, and there is no evidence of any human influence on sea levels."