"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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Saturday, 8 June 2013
MPs want to turn your lights off. A shame no one told you
" Last Tuesday something happened in the House of Commons so weird that it must be counted as one of the more terrifying episodes in the entire history of our Parliament. Towards the end of a seven-hour debate on its virtually incomprehensible, 200-page Energy Bill, the Government slipped in a new amendment proposing something so utterly mad that, if anyone present had understood its implications, it might have made front-page news. What MPs were being asked to endorse was that, within just six years, we should all be forced by law to make a mind-boggling cut in how much electricity we are allowed to use. The reason why no one seemed to grasp this was that the amendment was so opaquely dressed up that only an MP with some knowledge of the basics of electricity might have twigged the enormity of what was being proposed. By 2020, it said, Britain must reduce its electricity use by “103 terawatt hours”, rising by 2030 to “154 terawatt hours”. This could have been understood only by someone aware that we currently use each year some 378 “terawatt hours”. So what was being proposed was that this must be cut down in six years by 27 per cent – more than a quarter – rising 10 years later to a cut of more than 40 per cent, or two fifths. In the course of his mind-numbing speech, Greg Barker, the minister proposing this, carefully avoided any explanation of what it was all about. Not one MP picked him up on it. At the end of a vacuous debate, during much of which the House was virtually empty, MPs dutifully poured in from all over Westminster to nod the Bill through by 396 votes to eight."