"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...
Thursday, 5 June 2014
EPA’s next wave of job-killing CO2 regulations
The very term “carbon pollution” is deliberately disingenuous. The rules do not target carbon (aka soot). They target carbon dioxide. This is the gas that all humans and animals exhale. It makes life on Earth possible. It makes crops and other plants grow faster and better. As thousands of scientists emphasize, at just 0.04% of our atmosphere, CO2 plays only a minor role in climate change – especially compared to water vapor and the incredibly powerful solar, cosmic, oceanic and other natural forces that have caused warm periods, ice ages and little ice ages, and controlled climate and weather for countless millennia.
The terrible disasters that the President and other climate alarmists attribute to fossil fuels, carbon dioxide and other greenhouse gases are creatures of computer models that have gotten virtually no predictions correct. That should hardly be surprising. The models are based on faulty assumptions of every size and description, and are fed a steady diet of junk science and distorted data. We shouldn’t trust them any more than we would trust con artists who claim their computers can predict stock markets or Super Bowl and World Series winners – even one year in advance, much less 50 or 100 years.
The models should absolutely not be trusted as the basis for regulations that will cripple our economy.
Contrary to model predictions and White House assertions, average global temperatures have not risen in almost 18 years. It’s now been over eight years since a category 3-5 hurricane hit the United States – the longest such period in over a century. Tornadoes are at a multi-decade low. Droughts are no more intense or frequent than since 1900. There were fewer than half as many forest fires last year as during the 1960s and 1970s. Sea levels rose just eight inches over the last 130 years and are currently rising at barely seven inches per century. There’s still ice on Lake Superior – in June! Runaway global warming, indeed.
This is not dangerous. It’s not because of humans. It does not justify what the White House is doing."