"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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Monday, 10 February 2014
The reason for ‘the pause’ in global warming, excuse #37 in a series: ‘trade winds’
"So far, we’ve heard from Climate Science that ‘the pause’ was caused by: Too much aerosols from volcanoes, ENSO patterns, missing heat that went to the deep ocean, ocean cooling, low solar activity, inappropriately dealt with weather stations in the Arctic, and stadium waves, to name a few. So much for consensus. Now, it’s trade winds going too fast that are causing abnormal cooling in the Pacific. A new paper from the University of New South Wales says that once the winds return to normal speed, well, look out, the heat is on. One thing for certain, even though the media is going predictably berserkers over this paper, the paper clearly illustrates that natural variation has been in control, not CO2. So much for control knobs."