"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, 25 April 2013
Independent Parliamentary Standards Authority (IPSA) ..and 'Climate Change' ....
"How ironic that the prime focus of IPSA so far seems to have been on empire-building. Its budget for operating costs in 2010-11 was £6.36 million, whereas the cost of previous arrangements, under the aegis of the House of Commons Fees Office, was said to be £2 million. IPSA’s HQ, in Portland House, was refurbished at a cost to the taxpayer of £267,000. The bill included 71 ‘visitor seats’ at £242 each, six stools for £265 each, another seven £538 chairs, £837 for a table, fourteen £465 ‘relaxer’ loungers and 25 cabinets costing £2,295 each. A spokesman says: ‘We walked into a shell of an office and needed to equip it. There is a cost associated in doing so. We purchased a number of chairs for guests; these cost more than standard office chairs.’ While MPs lost public sympathy over the abuse of expenses, it must be galling for them to see the body brought in to impose austerity adorning itself in this way. The political blogger Iain Dale says: ‘It’s the plushest office I’ve been in for a good long time. I dread to think what the square-foot cost and the fit-out cost of this place [is]. I’ve never been into a government office that has looked so like a big multinational company.’The organisation also shows all the signs of being over-bureaucratic, with a bizarre note in its annual accounts on climate change: ‘The need to adapt to climate change is taken into account when IPSA is designing its policies. A risk assessment will be made of how climate change could affect a policy, programme or project.’