"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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Sunday, 15 September 2013
Global warming is just HALF what we said: World's top climate scientists admit computers got the effects of greenhouse gases wrong
"A leaked copy of the world’s most authoritative climate study reveals scientific forecasts of imminent doom were drastically wrong. The Mail on Sunday has obtained the final draft of a report to be published later this month by the UN Intergovernmental Panel on Climate Change (IPCC), the ultimate watchdog whose massive, six-yearly ‘assessments’ are accepted by environmentalists, politicians and experts as the gospel of climate science. They are cited worldwide to justify swingeing fossil fuel taxes and subsidies for ‘renewable’ energy. Yet the leaked report makes the extraordinary concession that the world has been warming at only just over half the rate claimed by the IPCC in its last assessment, published in 2007. Back then, it said that the planet was warming at a rate of 0.2C every decade – a figure it claimed was in line with the forecasts made by computer climate models. But the new report says the true figure since 1951 has been only 0.12C per decade – a rate far below even the lowest computer prediction. ....The British Met Office has issued ‘erroneous statements and misrepresentations’ about the pause in global warming – and its climate computer model is fundamentally flawed, says a new analysis by a leading independent researcher."