"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 ten 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, 15 May 2013
New paper finds potential sea level rise from Greenland is about 66% less than previously estimated
"A new paper published in Nature finds the upper limit to sea level rise by 2100 from the Greenland ice sheet is about 66% less than previously predicted. The paper follows another from last week demonstrating the upper limit of sea level rise by 2100 from the Antarctic ice sheet is about 70% less than IPCC predictions. These new papers demonstrate IPCC predictions of sea level rise from both Greenland and Antarctica have been greatly exaggerated. Furthermore, the new estimates of these upper limits may themselves be exaggerated, since they are based upon models with high sensitivity to CO2, which has also been debunked by several recent papers."