"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, 24 April 2013
Dr. Roy Spencer on Global Warming, 'No one knows'
"SPENCER: There has been no increase in "superstorms" or tornadoes, by any objective long-term measure. It is an urban myth. Sandy-class storms occur every year...they just don't happen to hit high population density areas. But sea levels have indeed increased, which probably is a sign of warming. But sea levels were rising long before we could have been to blame, since well before 1900. So, once again, it is difficult to attribute the current rate of rise, which is very slow, to humans when we don't know how much of the rise is natural. .......SPENCER: The consensus is only that humans are contributing to warming...even I would probably agree with such an innocuous statement. But even if a majority of scientists think manmade global warming is a serious problem, only a very small number of those scientists know enough about such a detailed subject to have an informed opinion on the subject. Only a few of us actively working on questions "how sensitive is the climate system?" know the dirty details of this business and how much uncertainty there is. Most climate researchers simply assume recent warming is manmade, but human causation is only one possible explanation out of several." (h/t Tom Nelson)