"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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Monday, 23 September 2013
Met Office global warming figures 'are fatally flawed and could result in millions being squandered'
"The Met Office’s global warming predictions are flawed and could result in millions of pounds being squandered, it is claimed. A report for a think tank led by former Tory chancellor Lord Lawson says a computer programme behind figures that shape climate change policy is biased in favour of higher temperatures. Large sums of public and private sector money could be ‘malinvested’ in everything from wind farms to heat-proof road surfaces as a result, it claims. Lord Lawson, chairman of the Global Warming Policy Foundation, said: ‘The Government’s policy of abandoning cheap conventional energy and moving to expensive (and unreliable) renewable energy has always been of dubious merit. 'The fact that it now emerges this policy has been based on projections by a computer model which has been found to be fatally flawed means that an independent expert review of the model and its projections is both essential and urgent.’