"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...
Tuesday, 13 May 2014
Leading Climate Scientist Defects: No Longer Believes in the 'Consensus'
One of the world's most eminent climate scientists - for several decades a warmist - has defected to the climate sceptic camp.
Lennart Bengtsson - a Swedish climatologist, meteorologist, former director of the Max Planck Institute for Meteorology in Hamburg and winner, in 2006, of the 51st IMO Prize of the World Meteorological Organization for his pioneering work in numerical weather prediction - is by some margin the most distinguished scientist to change sides.
For most of his career, he has been a prominent member of the warmist establishment, subscribing to all its articles of faith - up to and including the belief that Michael Mann's Hockey Stick was a scientifically plausible assessment of the relationship between CO2 emissions and global mean temperature.
But this week, he signalled his move to the enemy camp by agreeing to join the advisory council of Britain's Global Warming Policy Foundation (GWPF), the think tank created by the arch-sceptical former Chancellor Lord Lawson."