"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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Friday, 22 March 2013
Greenland ice melt overestimated due to satellite data algorithm issue
"This is an interesting admission: The melt extent algorithm used by Greenland Ice Sheet Today has been overestimating the melt extent, and as a result, daily images posted on this site in February and March may have indicated melt where none occurred. This makes you wonder what other kinds of issues remain undetected in the satellite data. NSIDC has had to issue corrections in the past, when it was pointed out that their data and reality didn’t match."