"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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Friday, 27 September 2013
IPCC: “We don’t need no stinking climate sensitivity!”
"The newly-released Summary for Policymakers of the IPCC’s Working Group I for the AR5 report reveals a dogged attempt to salvage the IPCC’s credibility amidst mounting evidence that it has gone overboard in its attempts to scare the global public over the last quarter century. The recent ~15 year lull in warming is hardly mentioned at all (nothing to see here, move along). A best estimate for climate sensitivity — unarguably THE most important climate change variable — is no longer provided, due to mounting contradictory evidence on whether the climate system really cares very much about whether there are 2, or 3, or 4, parts of CO2 per 10,000 parts atmosphere. ...."