"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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Friday, 1 February 2013
Encouraging admission of lower climate sensitivity by a ‘hockey team’ scientist
"Andrew Revkin published the email today at the NYT Dot Earth blog as a comment in that thread, so now I am free to reproduce it here where I was not last night. Below is the comment left by Andy, quoting Annan’s email, bolding added:
The climate scientist James Annan sent these thoughts by email:
‘Well, the press release is a bit strange, because it sounds like it is talking about the Aldrin et al paper which was published some time ago, to no great fanfare. I don’t know if they have a further update to that.
Anyway, there have now been several recent papers showing much the same – numerous factors including: the increase in positive forcing (CO2 and the recent work on black carbon), decrease in estimated negative forcing (aerosols), combined with the stubborn refusal of the planet to warm as had been predicted over the last decade, all makes a high climate sensitivity increasingly untenable. A value (slightly) under 2 is certainly looking a whole lot more plausible than anything above 4.5.’
And this is what many have been saying now, that the climate sensitivity has been overestimated. Kudos to Annan for realizing the likelihood of a lower climate sensitivity.