"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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Thursday, 18 April 2013
Another paper finds lower climate sensitivity
"Yesterday we talked about the new paper from Nic Lewis, now Troy Masters has a new paper in press at Climate Dynamics here. ......Dr. Judith Curry sums it up pretty well: In weighing the new evidence, especially improvements in the methodology of sensitivity analysis, it is becoming increasing difficult not to downgrade the estimates of climate sensitivity. All this blows the laughable Skeptical Science claim Climate Sensitivity Single Study Syndrome, Nic Lewis Edition out of the water. Dana should quit while he’s ahead, because his arguments aren’t convincing."