"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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Sunday, 14 April 2013
Is The UK Grid Approaching Instability?
"As I understand it, there is an intent to shut down some large coal and nuclear units in the next few years. That, IMHO, looks like it will be a complete disaster on any of: Very high demand days, very low demand days, very high wind days, very low wind days. And lord help you when a very cold very high demand day shows up without wind. “Dark and cold” are not a good combination…"
From the comments -"Germany is way ahead in that front. The grid is so unstable due to wind/solar that their neighbors installed special circuits to block Germany’s overflow.So all in all they invested 140 billion euros to replace a few nuclear reactors, with as a result that energy prices skyrocket, the grid becomes unstable and they have to run coal and gas fired power plants at full steam anyway."