"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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Saturday, 16 March 2013
So many years of no warming means it’s time to rethink
" Some argue that the duration of the standstill is too short to be meaningful. Thirty years is taken to be the baseline for observing climate changes and fifteen years is too short. This report argues that 15 years is not an insignificant period; what has happened to make temperatures remain constant requires an explanation. The period contains important information and should not be dismissed as having no climatic importance. The recent warming period began about 1980 after four decades of globally stable temperatures thus the years of constant temperature are about equal to years when temperatures increased. This is not a trivial observation.
Calculations based on ensembles of climate models suggest prolonged standstills of about ten years can occur once every eight decades. Standstills of 15 years are much more difficult to explain. This report shows, that if we have not passed it already, we are on the threshold of global observations becoming incompatible with the consensus theory of climate change."