"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, 16 September 2013
Lomborg: climate models are running way too hot
"The current climate models are running way too hot. Over the past 30 years, they are at least predicting 71% too much heat. Maybe 159%. (see graph) .....The European Union will pay $250 billion for its current climate policies each and every year for 87 years. For almost $20 trillion, temperatures by the end of the century will be reduced by a negligible 0.05ºC."
"Bjorn Lomborg covers up for dodgy science
Bjorn Lomborg is doing his best to help the IPCC by (as usual) knowing nothing about the science, pretending to be a critic, but half his message is just saying exactly what the IPCC would want him to say. He ought stick to discussing the economics (which he does so well) and stay right out of the science debate, where he helps to protect and ensure funding to corrupt, low standard institutions that have been captured by lobbyists. (JoNova)