"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
The Marcott Hockey-stick: smoothing the past and getting a spike from almost no data?
"There are two factors in the new Marcott paper that are major red flags. For one, there is hardly any data in the modern end of the graph. Ponder how researchers can find 5,000 year old formanifera deposits, but not ones from 1940? Two: they’ve smoothed the heck out of longer periods. Marcott et al clearly say there is “…essentially no variability preserved at periods shorter than 300 years…” So if there were, say, occurrences of a warming rise exactly like the last century, this graph won’t show them."