"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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Monday, 29 July 2013
NASA predicts 8 degrees of warming in the US by 2100
"The interesting part is that they chose the years 1970 to 1999 to calibrate the models. Calibrate them to what? Did they assume the co2 rise during that period was the sole factor driving temperatures across the US and calibrate the rise in temperature based on that correspondence? Did they quantify the role of pollution / aerosol reduction during that period? Changes in multi-decadal oscillations on regional climate? Changes in regional humidity? Was it a global or local model calibration? Why did they end the calibration period at 1999? Why start at 1970? With more data available and no contrasting calibrations provided this looks like a search for a high end projection. Perhaps explanations are provided in the research. Questions abound."