"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, 23 August 2014
Time for an audit
EPA was tops for restrictive regulations in 2002 and 2012. The EPA is also the top in cost of compliance.The Mercatus Center has a project called Regdata that analyzes the size, scope and impact of federal regulations. Based on their analysis, the EPA was the leader in restrictive regulations in 2002 and 2012. .......The US Chamber of Commerce summarizes the effects of the regulatory environment in this article. EPA regulations are the most costly by far with 2012 regulatory costs >$20 billion. The 97.2% of the claimed benefits between 2000 and 2013 were from particulate (PM2.5) reduction even when the rule wasn’t about particulate. "