"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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Friday, 22 February 2013
IPCC Railroad engineer Pachauri acknowledges ‘No warming for 17 years’
"Following my statement at the Doha climate conference last December that there had been no global warming for 16 years, Dr. Rajendra Pachauri, the railroad engineer who for some reason chairs the IPCC’s climate “science” panel, has been compelled to admit there has been no global warming for 17 years. The Hadley Centre/CRU records show no warming for 18 years (v.3) or 19 years (v.4), and the RSS satellite dataset shows no warming for 23 years (h/t to Werner Brozek for determining these values). Engineer Pachauri said warming would have to endure for “30 to 40 years at least” to break the long-term global warming trend. However, the world’s leading climate modelers wrote in the NOAA’s State of the Climate report in 2008 that 15 years or more without warming would indicate a discrepancy between the models and measured reality."