"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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Wednesday, 20 February 2013
New paper finds Antarctica has been gaining surface ice mass over past 150 years
"A paper published today in The Cryosphere finds Antarctica has been gaining surface ice and snow accumulation over the past 150+ years, and finds acceleration in some areas noting, "a clear increase in accumulation of more than 10% has occurred in high Surface Mass Balance coastal regions and over the highest part of the East Antarctic ice divide since the 1960s." Furthermore, the paper notes, "Global climate models suggest that Antarctic snowfall should increase in a warming climate and mitigate rises in the sea level."