"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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Friday, 27 September 2013
Climate change is on ice: UN scientists reveal the world's barely got any hotter in the last 15 years - but say they are now 95% certain man is to blame for global warming
"UN scientists said today they are '95 per cent' certain that climate change is man made, but still could not explain why the world has barely got any hotter in the last 15 years. .......Temperature rises have dropped from 0.12°C per decade since 1951 to just 0.05°C per decade since 1998. This slowdown has been seized upon by climate sceptics who claim carbon dioxide is not as damaging as has been suggested. IPCC scientists, however, believe the pause is temporary and a return to 'substantial warming' is expected in coming decades. The report only made a brief mention of the issue, stressing that short-term records are sensitive to natural variability. ......But there are concerns about the computer models used to calculate the data. Professor Peter Wadhams, professor of Ocean Physics at the University of Cambridge, said: 'There are serious deficiencies in the modelling."