"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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Monday, 15 April 2013
Back To The Penalty Box…Chinese Paleo-Climatolgists Slap Down High-Sticking Michael Mann!
"A Chinese team of scientists led by He YuXin of the University of Hong Kong, however, took a very close look at Mann’s liberally interpreted data and his postulated Central Eurasian cold zone. Using sediment cores extracted from two different lakes and using the so-called alkenone method, the Chinese scientists reconstructed the temperature development over the past 2000 years for the northern Tibetan Plateau, which according to Mann was significantly colder 1000 years ago. .....The surprise was big when the new, hard data showed the opposite was in fact true. It turns out that the region of the theoretical cold in the northern Tibetan Plateau during the Medieval Warm Period was indeed not colder but was warmer than today, see Science Bulletin. In their paper, YuXin and his colleagues made yet another interesting discovery. In the abstract they write: ‘Further, our temperature reconstructions, within age uncertainty, can be well correlated with solar irradiance changes, suggesting a possible link between solar forcing and natural climate variability, at least on the northern Tibetan Plateau.’