"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, 31 October 2013
'Green Dave’ Cameron as much to blame as 'Red Ed’ Miliband for energy crisis
"But what few people yet realise is how far this catastrophic mess we are in was not only predictable, but has also been quite deliberately brought about, through the Government’s own policies. Their central aim, though never openly explained, has been twofold. One leg has been to build, by 2020, some 30,000 wind turbines, so ludicrously expensive that we must pay double or treble the market rate for the power they so inefficiently produce. The other leg is that, to make this seem competitive, we should also eventually be made to pay twice the going rate for all other forms of electricity: hence the “carbon tax” on coal and gas, and the colossal price we are to pay for power from Hinkley Point and other new nuclear power stations (four times the cost of nuclear, estimated by a Royal Academy of Engineering study only nine years ago)."