"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, 4 August 2013
We could soon be paying billions for this wind back-up
" Occasionally, one comes across a story so mind-blowingly unexpected and out-of-left-field that it seems hard for readers to take on board that it is true. Such is the story I first reported here last month, under the heading, “Our lights will stay on, but it’ll cost us a fortune”, about the scheme being devised by the National Grid to solve what has long been the most intractable problem created by the Government’s plan to see the best part of £110 billion spent in seven years on building tens of thousands more wind turbines – namely, how to keep our national grid “balanced” when it has to cope with all those unpredictably wild fluctuations in the speed of the wind.
The answer National Grid has come up with, only made possible by the latest computer technology and “cloud software”, is to hook up thousands of diesel generators, remotely controlled by the grid, to provide almost instantly available back-up for when the wind drops ..........And the final irony, of course, is that those diesel generators chuck out almost as much, per unit, of that supposedly polluting CO2 as any of the coal-fired power stations our politicians want to see taxed and regulated out of existence."