"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"
PS: If you have arrived here on a page link, then click on the HOME link...
Tuesday, 26 March 2013
An Hour of Darkness. Or Light!
"We derive electricity from burning coal, from natural gas, from nuclear fission, and from hydroelectricity generated by huge dams. The least amount of electricity we use comes from oil and, in particular from wind and solar, a bare two percent or so. These latter two sources exist only because of government subsidies and mandates. Without these they could not compete against far more affordable and effective sources. Oil, of course, fuels all our vehicles.
What Americans generally have not absorbed is the fact that the large, multi-million dollar funded environmental organizations oppose every form of energy we use. .......Not that long ago, Greens were spreading nonsense about peak oil , saying that the Earth was running out of this energy source, but new reserves of oil are being found all the time. Between 1945 and 2010, the United States alone produced 167 billion barrels of oil, more than eight times more oil than the amount of proven oil reserves it had in 1944. Oil doesn t merely fuel our cars and trucks, but as fracking techniques have been developed, more and more of it is available. Between 1980 and 2010, the U.S. produced 77.8 billion barrels of oil and still had 20.7 billion barrels of oil reserves left.
What Americans should keep in mind during Earth Hour is that we have a White House that has done everything in its power to deprive us of the coal, oil and natural gas that we have at our disposal. It has restricted the exploration and extraction of billions of barrels of oil from offshore of our east and west coasts, and in Alaska. It has generated regulations that have already shut down coal-fired plants and is seeking to impose greater restrictions despite the fact that we have enough coal to keep them operating for hundreds of years."