"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, 26 March 2014
When will climate feedbacks fully function? Not for millennia
"...In passing, there is a characteristically hysterical recent piece (in The Guardian, inevitably) by the accident-prone Australian professional bed-wetter Graham Redfearn, saying that from 2002-2011 some 260 billion tons of ice a year has melted from Greenland. Oo-er! Even if that were the case, sea level would have risen by just 0.7 mm a year, or little more than a quarter of an inch over the decade. ....
Finally, it is worth reiterating that there is no, repeat no, consensus in the scientific literature in support of the IPCC’s assertion that recent warming is mostly manmade. Legates et al. (2013) established that only 0.3% of abstracts of 11,944 climate science papers published in the 21 years 1991-2011 explicitly stated that we are responsible for more than half of the 0.69 Cº global warming since we began to have a theoretically-detectable effect on global temperature in 1950."