"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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Sunday, 2 March 2014
Volcanoes And The ‘Pause’
Another week and another explanation for the ‘pause’ in global surface/lower atmosphere temperatures. This time it’s the return of the ‘small volcanoes add up to big effect’ explanation in the form of a paper by Santer et al 2014 in Nature Geoscience. Could the cumulative effect from small volcanoes be causing a reduction in sunlight reaching the Earth’s surface, and hence a reduction in the rate of global surface warming? .....
Overall this paper shows that volcanoes are having a minor to marginal effect, in many scenarios about the same effect as the noise in the global temperature dataset for the past 15 years. It concludes that the ratio of simulations of global surface temperatures to the actual observations is about 15% smaller, even though there are large uncertainties in the magnitude of the effect!
It is formally true that including volcanoes means the models are more able to match the observed temperature but not that usefully. There are so many other factors that have to be taken into account that have uncertain effects and that are adding to the inaccuracy of the models in explaining the ‘pause’. Despite this the Guardian says the models work, period."