"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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Tuesday, 17 September 2013
A Turning Point for the IPCC…and Humanity?
"My main point is that nothing stands in the way of a popular theory (e.g. global warming) better than failed forecasts. We are now at the point in the age of global warming hysteria where the IPCC global warming theory has crashed into the hard reality of observations. A few of us are not that surprised, as we always distrusted the level of faith that climate modelers had in their understanding of the causes of climate change.
I continue to suspect that, in the coming years, scientists will increasingly realize that more CO2 in the atmosphere is, on the whole, good for life on Earth. Given that CO2 is necessary for life, and that nature continues to gobble up 50% of the CO2 we produce as fast as we can produce it, I won’t be that surprised when that paradigm shift occurs, either.