"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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Wednesday, 14 August 2013
New paper finds climate models cannot explain the global warming stagnation over past 15 years
"A new paper by prominent German climatologists Dr. Hans von Storch and Dr. Eduardo Zorita, et al, finds "that the continued [global] warming stagnation over fifteen years, from 1998 -2012, is no longer consistent with model projections even at the 2% confidence level." In other words, there is a greater than 98% probability that climate models are unable to explain the stagnation in warming over the past 15+ years."
Climate Models cannot explain why global warming has slowed(JoNova)