"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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Saturday, 23 February 2013
Today's carbon tax day - a black one indeed for us all
"As Opposition Leader Tony Abbott said after Gillard broke her word to the people: "Today's announcement is an utter betrayal of the Australian people. If the Australian people could not trust the Prime Minister on this, they can't trust her on anything." As the polls show, they are learning with rapidly accelerating pace. ......The handling of the carbon tax has been a disaster from the initial lie. Even the government's claim it would look to a citizens' assembly for guidance on the issue of climate change was rapidly proven false. .....Since the government passed its legislation, with the support of the grinning Greens and the subservient independents, it has continued to act without apparent regard for honesty or fair practice. The cost to the nation has been enormous. Not only did the government spend at least $70 million promoting the tax it had told voters it would never introduce, but it also created a raft of new bureaucracies to manage all the totally unnecessary programs and it handed out fistfuls of money to special interest groups to help its cause. Unfortunately, the punters won't know how the money was eventually allocated because the Department of Climate Change and Energy Efficiency destroyed its records detailing funding for 28 "Energy Efficiency Information" grants, and the Audit Office couldn't determine whether the most meritorious projects were selected. .....The carbon tax has become a job generator for public servants but at the cost of real jobs. The real jobs in manufacturing have been squeezed out of the nation by the tax, and some other factors, ..."