"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...

Saturday, 5 July 2014

Norway To Reap £1.6bn Subsidies From UK Energy Users

Two Norwegian state-controlled energy companies are in line to receive £1.6bn in subsidies from UK consumers, after deciding to invest £1.5bn in building a wind farm off the coast of Norfolk. ......
The National Audit Office last week criticised the way in which ministers awarded subsidies to Dudgeon and seven other projects, which received contracts early with no competition. The NAO said this could result in “excessive” returns for energy companies and poor value for money for consumers.
The NAO calculates that Dudgeon will receive £1.6bn in subsidy over 15 years – implying it could cost every UK home roughly £1.50 a year on their energy bills."

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