"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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Sunday, 13 January 2013
Global warming stopped 16 years ago, Met Office report reveals: MoS got it right about warming... so who are the 'deniers' now?
"On Tuesday, news finally broke of a revised Met Office ‘decadal forecast’, which not only acknowledges the pause, but predicts it will continue at least until 2017. It says world temperatures are likely to stay around 0.43 degrees above the long-term average – as by then they will have done for 20 years.
This is hugely significant. It amounts to an admission that earlier forecasts – which have dictated years of Government policy and will cost tens of billions of pounds – were wrong. They did not, the Met Office now accepts, take sufficient account of ‘natural variability’ – the effects of phenomena such as ocean temperature cycles – which at least for now are counteracting greenhouse gas warming.
..... The problem is not the difficulty of predicting something as chaotic as the Earth’s climate, but the almost Stalinist way the Green Establishment tries to stifle dissent. There is, for example, the odious term ‘denier’. This is applied to anyone who questions the new orthodoxy about global warming. It doesn’t matter if one states that yes, CO2 does warm the planet, but the critical issues we need to address are how fast and how much: if one doesn’t anticipate catastrophe, one must be vilified, and equated with those who deny the Holocaust. Yet the real deniers are those who don’t just claim that the pause is insignificant, but that it doesn’t exist at all. Such deniers also still insist that the ‘science is settled’. The truth is that the unexpected pause has triggered a new spate of research, in which many supposed ‘consensus’ conclusions are being questioned."