"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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Saturday, 14 June 2014
New study suggests a temperature drop of up to 1°C by 2020 due to low solar activity
From the HockeySchtick: A paper published today in the Journal of Atmospheric and Solar-Terrestrial Physics finds long solar cycles predict lower temperatures during the following solar cycle. A lag of 11 years [the average solar cycle length] is found to provide maximum correlation between solar cycle length and temperature. On the basis of the long sunspot cycle of the last solar cycle 23, the authors predict an average temperature decrease of 1C over the current solar cycle 24 from 2009-2020 for certain locations."