"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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Saturday, 2 February 2013
Burying the good news about our climate
"The Sydney Morning Herald - with the suspicious help of the CSIRO’s warmists - beats up another January of heat and flooding rains: Hottest year start keeps climate change in spotlight In fact, nowhere in the article is the claim of “hottest year” sustained. In fact, Bureau of Meteorology figures dispute it: ...... And in the body of the article comes this grudging admission of something I’ve often noted, to howls of protests by warmists:
Professor John McAneney, the director of Risk Frontiers, an independent research group funded mostly by the insurance industry, said that based on a database of natural hazard events in Australia, including some dating from 1803, ”there has been no increase in the frequency of natural hazard events since 1950”…
“When this data set, and many other data sets in different jurisdictions across the world and for many different perils, is corrected for the increases in numbers of buildings at risk and their value, no long-term trend remains,” Professor McAneney said. ‘’It is indisputable that the rising toll of natural disasters is due to more people and assets at risk.”