"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"

PS: If you have arrived here on a page link, then click on the HOME link...

Wednesday, 23 January 2013

New paper notes long-term climate change may be 'inherently unpredictable'

The Hockey Schtick
"A paper published today in the Journal of the Atmospheric Sciences reveals the abject failure of climate models to project either the transient or long-term ["equilibrium"] climate change from greenhouse gases. The paper notes, "The Equilibrium Climate Sensitivity (ECS) has a large uncertainty among models participating in the Intergovernmental Panel on Climate Change (IPCC) Fourth Assessment Report (AR4) and has recently been presented as “inherently unpredictable”. One way to circumvent this problem is to consider the Transient Climate Response (TCR)[short-term response to greenhouse gases]. However, the TCR among AR4 models also differ by more than a factor of 2." Furthermore, the authors find that the projections vary by 30% even within the same model with the same equilibrium climate sensitivity."

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