"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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Thursday, 13 June 2013
Okla. congressman wants Obama apology for spending 30x more on global warming than weather forecasting and warning
"Even climate change alarmists admit the number of hurricanes hitting the U.S. and the number of tornado touchdowns have been on a slow decline for over 100 years. “But here is what we absolutely know. We know that Oklahoma will have tornadoes when the cold jet stream meets the warm Gulf air, and we also know that this president spends 30 times as much money on global warming research as he does on weather forecasting and warning. For this gross misallocation, the people of Oklahoma are ready to accept the president’s apology and I intend to submit legislation to fix this.”