"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, 15 March 2013
James Hansen’s Policies Are Shafting The Poor
"Now, James Hansen is the NASA guy who is leading the charge to stop all forms of cheap energy. Coal is bad, terrible stuff in his world. He calls trains of coal “death trains”. He wants to deny cheap energy to all of those folks in the bottom half of the graph above. Well, actually, he wants to deny access to cheap energy to everyone, but where it hurts is the bottom half of the graph. For example, the World Bank and other international funding agencies, at the urging of folks like Hansen, have been turning down loans for coal plants in developing countries. But as you can see, if you deny energy to those folks, that is the same as denying them development. Because when there’s less energy, there’s less income. The two go hand in hand. So what James Hansen is advising is that we should take money from the poor … actually he wants to deny them cheap energy, but that means denying them income and the development that accompanies it."