"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, 5 July 2013
EU grants for green groups push up your energy bills: Families fund lobbyists whose campaigns lead to higher taxes
"British families are unknowingly providing millions of pounds to green lobbyists who campaign for higher taxes on energy bills. Since 1997, £86 million has been handed to climate change and environmental groups by the EU, according to the Taxpayers’ Alliance. It claims Britain’s share of funding for organisations including Friends of the Earth, WWF, and Climate Action Network stands at £8.6 million during that period. The TPA says many of these taxpayer-funded lobbyists campaign for new regulations that could lead to higher household energy bills. The report found that 25 European-based groups have received in excess of 1m euros (£860,000) of public funds in a 15-year period. Matthew Sinclair, Director of the TaxPayers’ Alliance, said the handouts result in families paying twice - once for the grants and again in higher energy bills. ‘Many of the environmentalist groups funded with European Commission grants do not appear to be the sort to get their hands dirty looking after endangered plants and animals,’ he said. ‘Instead the bureaucrats in Brussels are spending our money to fund their own lobbyists, to create artificial pressure for ever more onerous regulations that hurt British business and add to families’ bills."