"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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Monday, 25 February 2013
New paper finds Antarctic meltwater was much higher in the past
"A new paper published in The Holocene finds the Antarctic interior was warmer than the present over a period lasting about 2000 years, from 4300 to 2250 years ago. The paper surveys 3 lakes within 10° of the South Pole and finds meltwater levels were up to 69.5 meters higher than the present, which the authors "interpreted as being the result of an increased number of meltwater events and/or degree-days above freezing, relative to the present." The paper adds to many other peer-reviewed papers demonstrating that Antarctica has warmed for prolonged periods to temperatures higher than the present, and that there is nothing unusual, unnatural, or unprecedented in regard to present day temperatures."