"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, 19 October 2013
'Mini-nukes’ beat monster wind farms on every count
"As the shambles of Britain’s energy policy and soaring bills continues to make shock headlines, many in the south-west of England are staring in angry amazement at plans by foreign-owned firms to build two of the largest offshore wind farms in the world just off their coastlines. ......The combined contribution of these two gigantic wind farms, at a capital cost of £7.6 billion and earning subsidies of £620 million a year, will average 750MW – less than that of the single unsubsidised gas-fired power station recently built in Plymouth at a capital cost of £1 billion. ....Two American firms, backed by the US Department of Energy, are now well advanced in developing factory-built “mini-nuclear power plants”, wholly safe and offering a mouthwatering range of advantages over their competitors. The mPower company in North Carolina is developing a two-reactor nuclear power station covering just 40 acres, but capable of generating 360MW round the clock: more than would be produced by the Navitus Bay wind farm at less than two-thirds of the price, and occupying only one 1,200th of the same area. These could be installed on old power station sites next to the grid, and the company tells me that they should be commercially available within nine or 10 years, much sooner than that monster at Hinkley Point. .... And anyone worried about the safety of siting these mini-reactors conveniently near to cities should remember that for 50 years, Rolls-Royce has been running a small nuclear reactor right next to Derby County football ground. As yet, not a single death has been reported."