"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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Wednesday, 5 February 2014
Climate Scientist Who Got It Right Predicts 20 More Years of Global Cooling
"Easterbrook – a climate scientist and glacier expert from Washington State who correctly predicted back in 2000 that the Earth was entering a cooling phase – says to expect colder temperatures for at least the next two decades. .........“For the next 20 years, I predict global cooling of about 3/10ths of a degree Fahrenheit, as opposed to the one-degree warming predicted by the IPCC,” said Easterbrook, professor emeritus of geology at Western Washington University and author of 150 scientific journal articles and 10 books....Easterbrook noted that his 20-year prediction was the “mildest” one of four possible scenarios, all of which involve lower temperatures, and added that only time will tell whether the Earth continues to cool slightly or plunges into another Little Ice Age as it did between 1650 and 1790. “There’s no way to tell ‘til you get there,” he told CNSNews.com. But he lamented the fact that governments worldwide have already spent a trillion dollars fighting the wrong threat. (h/t Climate Depot)