"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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Sunday, 20 July 2014
Why the former Ice Age became global warming, then climate change
Take recent history for example. In the 1970s, the hypothesis was that the globe was potentially headed for the next ice age.
I know this not only because of pronouncements from popular press at the time, but also because, as an undergraduate student at one of the top schools of meteorology, Penn State University, the buzz I heard was that the global climate was moving toward seriously colder conditions.
To substantiate this claim, professors referenced not only recent climate trends and observations but also the work of respected scientists, such as astrophysicist Milutin Milankovitch, who had investigated long-term climate cycles. ......................
Today, it is fashionable to expect disaster from too much warmth. So the smart money is on promoting dire predictions and consequences of rising thermometers, even in the face of no global warming for more than 15 years.
From my own 35 years of experience in the atmospheric science profession as an air-pollution meteorologist, air quality program administrator and science educator, I can attest the fact that long-range, global climate-change outlooks are nothing but insular professional opinion.
Such opinion is not worthy of the investment of billions of dollars to avoid the supposed catastrophic consequences of abundant, inexpensive fossil fuels and, subsequently, to impoverish U.S. citizens with skyrocket energy costs."