"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"
PS: If you have arrived here on a page link, then click on the HOME link...
Saturday, 23 February 2013
One day, turning off the lights won't be up to you
"The most interesting passage in Mr Buchanan’s interview was where he began hinting at what has recently been emerging as a terrifying new element in the Government’s energy policy. It well knows that electricity from the tens of thousands more wind turbines it hopes to see built in the coming years will cost between two and four times as much as that from conventional power stations. Its solution to this is to rig the market with new taxes and other devices so that this will make electricity from wind farms somehow seem competitive – not by making wind cheaper but by doubling the cost of electricity from the gas, coal and nuclear power stations that still provide virtually all the electricity we need to keep our lights on.
Around lunchtime last Monday, for instance, National Grid was showing that all our 4,300 wind turbines put together were providing barely a thousandth of the power we were using, 0.1 per cent, or a paltry 31MW (as compared with the 2,200MW we can get from a single gas-fired plant).
The harsh fact is that successive governments in the past 10 years have staked our national future on two utterly suicidal gambles. First, they have fallen for the delusion that we can depend for nearly a third of our future power on those useless and unreliable windmills – which will require a dozen or more new gas-fired power stations just to provide back-up for when the wind is not blowing.
Yet, at the same time, by devices such as the increasingly punitive “carbon tax” due to come into force on April 1, they plan to double the cost of the electricity we get from grown-up power stations, which can only have the effect in the coming years of doubling our electricity bills, driving millions more households into fuel poverty."