"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...
Sunday, 13 January 2013
The Green propaganda continues....
Rising seas may put $300b of property at risk: scientists
""If the climate science is right - and that's that we can expect a sea-level rise of somewhere between 80 centimetres and 1.1 metres by the year 2100 - that lifestyle is under threat," he said. "Also under threat are the properties that are going to be developed in vulnerable areas along the coast which are being approved at the moment in states all around Australia." Rising sea levels are a direct result of melting glaciers, and according to some of the most recent peer-reviewed reports, the melt is accelerating.
John Church is from the CSIRO's atmospheric research section and a lead author on sea-level rise for the UN's chief science body, the Intergovernmental Panel on Climate Change. "The Greenland ice sheet is increasing its surface melt ... if we are to avoid some of the extreme scenarios, to avoid the complete melting of the Greenland ice sheet, it's urgent that we start mitigating or reducing emissions significantly and in a sustained way into the future," Dr Church said.
Australia's Climate Commission has done modelling on a rise above one metre, which it says could be devastating for all Australian coastal cities, as well as the 6 million people outside the main population centres. For example, in Sydney it forecasts that runways at the main domestic airport could be inundated and terminals flooded."
ED: Just get someone to read this -Maldives Opening Four New Underwater Airports