"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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Thursday, 5 September 2013
New paper in Nature Climate Change says IPCC uses statistical techniques 'out of date by well over a decade'
"A new paper published in Nature Climate Change finds, "Use of state-of-the-art statistical methods could substantially improve the quantification of uncertainty in [IPCC] assessments of climate change" and that "The forthcoming Intergovernmental Panel on Climate Change (IPCC) Fifth Assessment Report (AR5) and the US National Climate Assessment Report will not adequately address this issue. Worse still, prevailing techniques for quantifying the uncertainties that are inherent in observed climate trends and projections of climate change are out of date by well over a decade..."