"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, 6 July 2013
Our lights will stay on – but it will cost us a fortune
"In other words, just when we are already facing a doubling of our electricity bills through “carbon taxes”, subsidies to renewables and the “strike price” demanded by energy companies as their price for building new nuclear power stations, we are now looking at another huge spike in our bills to pay for the electricity the Government plans to call on to cover that fast-looming gap in our energy supplies — created by the way its policy has been so disastrously skewed by our politicians’ obsession with global warming, and their fond belief that the earth’s climate could somehow be affected by Britain reducing its “carbon emissions” by four-fifths. The final irony, of course, is that we not only pay for their dreams through a further hike in our energy bills, but also those diesel generators emit almost as much CO2 as the coal-fired power stations the politicians would like to see eliminated. Not only will we be bankrupted by their idiocy. It won’t even help to “save the planet”, either."