"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...
Friday, 8 March 2013
'Global Temperatures Highest in 4,000 Years'
" In the new research, scheduled for publication on Friday in the journal Science, Shaun Marcott, an earth scientist at Oregon State University, and his colleagues compiled the most meticulous reconstruction yet of global temperatures over the past 11,300 years, virtually the entire Holocene. They used indicators like the distribution of microscopic, temperature-sensitive ocean creatures to determine past climate. Like previous such efforts, the method gives only an approximation............ Though the paper is the most complete reconstruction of global temperature, it is roughly consistent with previous work on a regional scale. It suggests that changes in the amount and distribution of incoming sunlight, caused by wobbles in the earth’s orbit, contributed to a sharp temperature rise in the early Holocene. The climate then stabilized at relatively warm temperatures about 10,000 years ago, hitting a plateau that lasted for roughly 5,000 years, the paper shows. After that, shifts of incoming sunshine prompted a long, slow cooling trend. The cooling was interrupted, at least in the *Northern Hemisphere*, by a fairly brief spike during the Middle Ages, known as the Medieval Warm Period. (It was then that the Vikings settled Greenland, dying out there when the climate cooled again.) Scientists say that if natural factors were still governing the climate, the Northern Hemisphere would probably be destined to freeze over again in several thousand years. “We were on this downward slope, presumably going back toward another ice age,” Dr. Marcott said. Instead, scientists believe the enormous increase in greenhouse gases caused by industrialization will almost certainly prevent that." (H/T Tom Nelson)
*ED This comment ignores studies that CONFIRM that that the MWP was worldwide*
Now see how wrong they are HERE