"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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Monday, 30 September 2013
IPCC in denial. “Just-so” excuses use ocean heat to hide their failure.
"In answer to the excuse du jour: “The Ocean ate my Global Warming”. Now that the plateau in temperatures has lasted for 15 years, everyone, even IPCC lead authors, can see the “90% certain” models were 98% wrong. So the IPCC now claims the heat went into the deep abyss, which they didn’t predict, can’t measure accurately, and, even by the best estimates we have, has not been anywhere near enough warming to explain the missing energy. They predicted the surface air temperature would increase, but they didn’t. (The 1990 IPCC predictions about temperatures were so wrong the trends have come in below their lowest possible estimate.) They predicted the oceans would warm more than twice as much as they actually have (as best as we can tell). They did not predict the air temperature would level out for 15 years, and the oceans would suddenly start producing “natural cooling”.