"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 ten 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, 17 August 2013
The five myths about fracking
"It was the American senator Daniel Patrick Moynihan who once said: “You are entitled to your opinions, but not to your own facts.” In the debate over shale gas – I refuse to call it the fracking debate since fracking has been happening in this country for decades – the opponents do seem to be astonishingly cavalier with the facts. Here are five things that they keep saying which are just not true. First, that shale gas production has polluted aquifers in the United States. Second, that it releases more methane than other forms of gas production. Third, that it uses a worryingly large amount of water. Fourth, that it uses hundreds of toxic chemicals. Fifth, that it causes damaging earthquakes. ....."