"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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Wednesday, 5 June 2013
A dangerously deluded energy policy and why the greens want to hide the truth about your soaring bills
"Mr Davey suggested that journalists who doubt the wisdom of his policy only do so through ‘sheer blinkered, dogmatic, political bloody-mindedness’ — probably because they are being paid to do so by nameless ‘vested interests’. So angry does this make him that he seemed to suggest that any questioning of his policy cannot be tolerated. In other words, he will brook no opposition — at a time, we should remind ourselves, when free speech in Britain seems under threat as never before. I should say at this point that if this remarkable attack was simply a detached assault on writers like me who are critical of the Government’s green policies, then I might let it pass. But there are bigger issues in play here, for the decisions the Energy Secretary makes are having a direct and damaging effect on the finances of millions of households across the country, who find themselves paying ever-higher bills as a result of green subsidies. .......But the most disturbing part of Mr Davey’s speech came towards the end, where he came up with that only too familiar boast that the European Union is leading the world in the fight against the carbon dioxide that is causing all this global warming, and that Britain is leading the EU with its Climate Change Act, committing us — uniquely in the world — to reducing our ‘carbon emissions’ by 80 per cent in fewer than 40 years.
Mr Davey seems quite oblivious to the fact that the rest of the world is no longer taking any notice of what we are up to, and that China and India between them are now building more than 800 new coal-fired power stations, so that China alone is now generating more carbon dioxide every year via its new power stations than the total emitted by Britain. Even the EU is at last waking up to the fact that ‘decarbonising’ its economy is making electricity so expensive that ever more firms are moving their operations overseas — not least to America, where the shale gas revolution has more than halved the price of gas and electricity in just five years. So poor little Britain is left increasingly alone, with an energy policy deliberately designed to price out of the market those very much cheaper fuels which still provide most of the electricity we need to keep our homes lit and warm, and our economy running."