"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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Saturday, 5 October 2013
IPCC more confident about greater uncertainty
"According to an article published today in Science, "Last week's fifth assessment from the Intergovernmental Panel on Climate Change (IPCC) might appear to suggest that, in spite of decades of intensive study, scientists haven't made one whit of progress on the biggest question in climate: By how much will a doubling of atmospheric carbon dioxide (CO2) levels warm the world? But in fact, climate scientists have greatly tightened constraints on their traditional estimate of how sensitive climate may be to added greenhouse gases." In what universe does widening the range of CO2 climate sensitivity from 2-4.5C in the last IPCC report to 1.5-4.5C in the new report constitute "greatly tightened constraints"?