"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...
Sunday, 31 March 2013
Government's climate watchdog launches astonishing attack on the Mail on Sunday... for revealing global warming science is wrong
"The official watchdog that advises the Government on greenhouse gas emissions targets has launched an astonishing attack on The Mail on Sunday – for accurately reporting that alarming predictions of global warming are wrong. We disclosed that although highly influential computer models are still estimating huge rises in world temperatures, there has been no statistically significant increase for more than 16 years. Despite our revelation earlier this month, backed up by a scientifically researched graph, the Committee on Climate Change still clings to flawed predictions. ......The Committee on Climate Change claims such forecasts must be right because world temperatures have previously matched computer models’ ‘outputs’ for most of the past 60 years. Yet as this newspaper pointed out, for almost all of that 60-year period the models were not making predictions – because they did not yet exist. Instead, the models had recently been making ‘hindcasts’ – backward projections based on climate simulations and tailored to actual temperatures. The evidence shows the models collapse when they try to forecast the future."