"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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Sunday, 14 July 2013
The dirty secret of Britain's power madness: Polluting diesel generators built in secret by foreign companies to kick in when there's no wind for turbines - and other insane but true eco-scandals
"Although STOR was devised in April 2007 and modified in December 2010, it has not been widely advertised by the Coalition. Besides making energy considerably more expensive, it would appear to make a mockery of David Cameron’s promise to lead the ‘greenest government ever’. Any benefits of the supposedly ‘clean’ energy produced by wind turbines are likely to be more than offset by the dirty and inefficient energy produced by their essential diesel back-up. ‘Yes it may stop the lights going out, but as a way of producing energy it’s a complete nonsense,’ said Dr Benny Peiser of the Global Warming Policy Foundation. ‘Burning diesel is nearly as dirty and CO2-intensive as burning coal. But worse than that, it is so unnecessarily costly and inefficient.’