"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, 2 August 2014

A Dozen States File Suit Against New Coal Rules

The E.P.A. rule, announced by President Obama on June 2, is aimed at slashing carbon emissions from coal-fired power plants, the nation’s largest source of planet-warming pollution. Under the rule, each state would have to design and submit a plan to cut carbon pollution, which must then be approved by the E.P.A.
The states’ lawsuit contends that the E.P.A. lacks legal authority in the matter. The agency wants to release the final rule under the terms of the Clean Air Act, which requires the federal government to regulate all substances defined as pollutants. The E.P.A. determined in 2009 that carbon dioxide met the definition of a pollutant, a decision that has withstood numerous legal challenges.
But the states say that the E.P.A. may not issue separate regulations on power plants using different sections of the Clean Air Act.
In 2011, the E.P.A. issued regulations governing mercury emissions; thus, the plaintiffs say, it does not have the authority to issue a new regulation on carbon emissions from the same power plants. 

ED: What Global Warming ????

No comments:

Post a Comment