"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
Chatham House on biofuels
"A new report from the Royal Institute of International Affairs has found that biofuels are pretty much a disaster. Author Rob Bailey declares that they are not sustainable, they are hugely expensive, they are not a cost-efficient way of reducing emissions, and that the EU is going to insist that production is ramped up anyway. Since the biofuels mandate comes from the EU Commission (which was subverted by the farm lobby), it is, of course, impossible for national governments to do much about this appalling situation. Roger Harrabin tweets that governments will not want to do anything about biofuels anyway because they fear that if they do business will not support future government initiatives. One wants to weep at the corruption of it all."