"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
MIT scientist ridicules IPCC climate change report, calls findings 'hilarious incoherence'
Not all experts agree with the latest United Nations report on global warming, some are even amused by its findings. A climate scientist from the Massachusetts Institute of Technology (MIT) has come out blasting the report for blaming humans for a global warming trend that appears to have cooled in recent decades – and then glossing over the warming slowdown. ‘I think that the latest IPCC report has truly sunk to level of hilarious incoherence,’ Dr. Richard Lindzen told Climate Depot – a site known for questioning the theory of global warming. Dr Linzen’s amusement from the lack of correlation between predictions and actual conditions. ‘They are proclaiming increased confidence in their models as the discrepancies between their models and observations increase,’ Dr Linzen continued. The UN’s Intergovernmental Panel on Climate Change asserted in the report that it is 95 per cent sure humans’ use of fossil fuels is the cause of global warming.The report also provided what Dr Linzen felt was a shoddy explanation for the lack of warming over the past 17 years. ‘Their excuse for the absence of warming over the past 17 years is that the heat is hiding in the deep ocean,’ the amused scientist said. ‘However, this is simply an admission that the models fail to simulate the exchanges of heat between the surface layers and the deeper oceans.’ This slapdash explanation for the lack of warming, Dr Linzen stressed, is proof the IPCC knows little about what is actually happening. ‘They now, somewhat obscurely, admit that their crucial assumption was totally unjustified,’ said the amused scientist. Dr Linzen’s derision of the IPCC report comes amid evidence that warming hasn’t occurred over the past 17 years, and that polar ice caps are even expanding. Despite strong evidence that global warming may be on hold, the IPCC still insisted that the report’s findings should alarm anyone denying the theory.