"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, 16 January 2013
Paper finds the Sun controls climate & 'gives no support to theory of anthropogenic climate change'
"A paper published in the Journal of Geophysical Research finds temperatures in the troposphere behave similarly to changes in solar activity over short timescales and a "cumulative negative [not positive as claimed by climate alarmists] feedback in the Earth climate system governing the tropospheric variability during the last 22 years." According to the paper, "The result emphasizes a dominating role of the solar irradiance variability in variations of the tropospheric temperature and gives no support to the theory of anthropogenic climate change," and "Increasing concentration of greenhouse gases in the Earth atmosphere appeared to produce too weak forcing in order to dominate in the Earth climate system."