"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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Wednesday, 6 February 2013
New paper finds natural variability controls CO2 levels, not man
" An important new paper published today in Global Biogeochemical Cycles finds that "In contrast to recent claims, trends in the airborne fraction of anthropogenic carbon [dioxide] cannot be detected when accounting for the decadal-scale influence of explosive volcanism and related uncertainties." In other words, after accounting for the large effect of volcanic eruptions, ENSO, and other uncertainties upon natural CO2 sinks, trends in the man-made fraction of atmospheric CO2 "cannot be detected." Thus, despite an exponential increase in man-made CO2 emissions, there is no statistically significant trend in the man-made fraction of CO2 in the atmosphere. This further suggests that man is not the primary cause of the increase of CO2 in the atmosphere, that temperature is responsible for the increase in CO2 levels due to out-gassing. According to the authors, "Our results highlight the importance of considering the role of natural variability in the carbon cycle for interpretation of observations and for data-model intercomparison."
Note man-made emissions are only about 4% of the total CO2 emissions in the atmosphere, and CO2 only represents about 0.04% of the entire atmosphere.