"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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Monday, 28 January 2013
New paper finds worst-case scenario is ice-free Arctic by year 2400
"A paper published today in Geophysical Research Letters finds that even under the most exaggerated "strongest" forcing scenario simulated by climate models, the Arctic "becomes summer ice-free by the end of the 21st century and year-round ice-free by the end of the 23rd century." Leaving aside that climate models offer little more than simulating a random walk, many alarmist climate scientists have had no shame from incorrectly predicting a year-round ice-free Arctic many times in the past or within the next two years.