"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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Wednesday, 27 March 2013
What planet are they living on? As freezing Britain faces a grave energy crisis, ministers unveil more green gimmicks and eco taxes. What folly
"Nothing better illustrates the insanity of the shambles our politicians have led us into than the fact that, just when we are closing down our coal-fired power stations in the hope of saving the planet, the Chinese are building 363 more of them, the Indians a further 455 and even the Germans another 20 - adding far more CO² to the world's atmosphere every week than Britain puts out in a year. The disaster we face is only made harder to bear by the realisation that experts were predicting it a decade ago, yet so lost were our politicians in their bubble of green make-believe that they were unable to listen. So how are we to get out of this mess? If we had a grown-up government, capable of looking at the evidence, the first thing it would do would be to admit we have a quite unprecedented crisis on our hands - one that can only be met by junking all that childish wishful thinking which has shaped our national energy policy for 20 years. Such a government would scrap Osborne's ridiculous 'carbon tax'. It would stop closing down the coal-fired power stations on which we depend for more than 40 per cent of our electricity. It would repeal the Climate Change Act, described as 'the most expensive suicide note in history'. And it would stop pouring massive subsidies into the generation of electricity from wind turbines. Such a government would recognise that our only hope of keeping bills down, our lights on and the economy running is to go flat out to exploit Britain's vast reserves of the cheap shale gas, which in America has more than halved gas prices in the past four years. But we do not have such a government. Our bills will continue to soar. Our lights will go out, just as that electricity chief was predicting last week. And while Ed Davey continues to prattle about his 'heat network schemes', our poor country will find itself having to stumble in the cold and the dark through a self-inflicted crisis that is unique in the developed world."