"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, 11 August 2013
New paper finds climate models are unable to reproduce the known climate of the past 6,000 years
"A new paper published in Climate of the Past finds climate models are unable to reproduce the climate change of the past 6,000 years found by temperature proxies. According to the authors, "Independently of the choice of the climate model, we observe significant mismatches between modelled and estimated SST [Sea Surface Temperature] amplitudes in the trends for the last 6,000 years," and climate model "SST trends underestimate the [proxy] SST trends by a factor of two to five. For [a different proxy], no significant relationship between model simulations and proxy reconstructions can be detected." The paper adds to many other peer-reviewed papers finding climate models are unable to reproduce the known climate of the past, much less the future."