"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 ten 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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Sunday, 17 March 2013
Obama By-Passes Gas
"President Obama continues his Global War on Cheap Energy™, this time under the guise of avoiding “spikes” in gasoline (petrol) prices. He wants to pass gas without regrets and move post-haste to electricity and biofuels, although both are more expensive than gasoline and diesel for road and rail transport. According to the Associated Press, in a speech at the Argonne National Laboratories Obama said: The only way to break this cycle of spiking gas prices — the only way to break that cycle for good — is to shift our cars entirely, our cars and trucks, off oil..... "..... Carter spent millions and millions of dollars on solar and wind and allied unconventional energy sources … and we’re now in the next century he warned us about. Look around you. Do you see any sign of the money Carter spent? People are STILL subsidizing the sun and the wind, the Government is subsidizing rich people to buy $50,000 electric cars, and after thirty-five years of studies and millions of dollars in subsidies, wind and sun and biomass for electricity and biodiesel all added together still total less than 1% of global energy production. And despite that pathetic record of wasted subsidies, the proponents like Obama claim success is just around the corner … the same corner it’s always been just around …"