Climategate

"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 28 October 2013

Nearly $1 billion a day to change the climate… the invisible vested elephant in the room

JoNova (Australia)
"Here’s a stark statistic that came out last week in a new report: The Climate Industry draws in nearly $1 billion dollars a day. But here’s an ominous combination: … it openly admits that taxpayer money is its “engine-room”. Reading between the lines below, this industry is almost completely dependent on domestic policies that funnel money from citizens to itself, and tilts the playing field — without those policies, it can’t attract much private money. That is, it can only get money at least partially by coercion, people won’t give it money purely voluntarily. These same groups want even more — they want the public to take the risks too. What could possibly go wrong? .....OK. I scoff, but most of the people working in this — the accountants, marketers, lawyers, the odd engineer– are doing a hard day’s work. But in the end, together, this generates the most highly leveraged kind of lobbying machine. Without government policies hoping to change the weather, the industry collapses. That is not like big-oil. If the government stopped subsidizing car manufacturers, people would just import cars from overseas. If the government made the outrageous move of banning all new fossil-fuel cars, everyone would just keep driving their old one. Modern cars don’t need government subsidies to work, and big-oil doesn’t need government policies to sell oil — but windmills and solar panels certainly do."

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