"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"
PS: If you have arrived here on a page link, then click on the HOME link...
Saturday, 6 April 2013
Global warming: time to rein back on doom and gloom?
"It also raises the possibility that carbon dioxide may be less potent than has been thought in heating the planet. Again, this is not to say, as some sceptics attest, that it is innocent – the science showing that it is a greenhouse gas has been established for more than 150 years and accords with the very laws of physics. But it may be less guilty than once supposed. And this is reinforced by recent findings that emissions of soot, or black carbon – which patient readers may remember I have been banging on about for years – are causing twice as much warming as previously estimated, meaning that the contribution of CO2 must be correspondingly less."
ED: This is the sound of retreat,but it is very painful for alarmists to do, so expect much by way of excuses...