"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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Friday, 24 May 2013

The global solar cartel is making solar energy even more uncompetitive

The Hockey Schtick
" Call it tragicomic that the only way for the U.S. and EU to achieve their green objectives is to embrace China's model of state-managed capitalism. But the story is also a parable of how the cronyism inherent in the renewable-energy industry can clash with environmental goals.
American and European panel makers, notably the Bonn-based SolarWorld, have lobbied heavily for tariffs, but the solar-energy producers and installers rightly complain that this will raise their costs. Higher panel prices will raise consumer prices for solar power, which is still uncompetitive despite huge subsidies."

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