"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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Tuesday, 2 April 2013
IPCC plays hot-spot hidey games in AR5 — denies 28 million weather balloons work properly
"It’s hot-spot hidey games and PR tricks In the new extra-tricky AR5 version, the IPCC “quote the critics” and ignore them at the same time. That way they can say they include the McIntyre’s, McKitrick’s, Douglass’, and Christy’s: the words are on the page, but that doesn’t mean the information is used in the conclusions. The models have failed and they bury that undeniable result under the clutter. (You’ll need to read the fine print). There is no acknowledgement that this issue of the “hot spot” drives more amplification of predicted warming in their models than any other point (though that is obvious and implicit in Fig 9.44, and you can see that below). Which policymaker exactly is going to notice that?"