"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"
PS: If you have arrived here on a page link, then click on the HOME link...
Wednesday, 12 March 2014
Every home paying £25 each year for wind farms: MPs criticise 'Klondike-style' gold rush as £1.2billion subsidies revealed
"Wind farms are being handed £1.2billion a year in subsidies paid for by a supplement on consumer electricity bills.
That works out at £25 for each household and business, in what one Conservative MP criticised as a Klondike-type gold rush.
Ministers told Parliament that onshore wind farms received £557million last year, and offshore turbines £699million. The figures will add to fears that big business is planning to erect hundreds more turbines in order to claim the generous handouts."