"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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Thursday, 7 March 2013
Analysis finds droughts not related to man-made CO2
"Climate alarmists contend that rising global temperatures lead to more severe and longer-lasting droughts on the basis of projections of global climate change produced by mathematical models that are primarily driven by increases in the atmosphere's CO2 concentration; and with respect to the western United States, there has been growing interest in understanding drought in that part of the country in light of the pronounced impact it has had there in recent decades. Therefore, many scientists have conducted research to attempt to better understand the characteristics of historic hydrologic variability in this important region, so that a more proper evaluation can be made of how unusual, unnatural or unprecedented droughts of the recent past have been, which droughts climate alarmists typically claim have been made worse - or even been entirely caused - by CO2-induced global warming. In the following pages, this claim is evaluated by reviewing what scientists have learned in this regard from various studies that have examined historic droughts across the western United States, organizing our review into several sub-domains within the overall region of study."