"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...
Monday, 13 October 2014
Bad News for the alarmists: 'Missing Heat' from Non-Existent 'Global Warming' isn't Hiding in the Ocean After All
Using a combination of satellite observations and direct measurements taken by a network of 3,000 floating Argo temperature probes, the NASA team set out to calculate temperature changes and thermal expansion in the deep ocean (below 1.24 miles).
What they have found is that the deep ocean has not warmed measurably since at least 2005.
This unfortunate discovery represents a major problem for the climate alarmists because the "missing heat" supposedly hiding in the deep oceans has long been their favoured explanation as to why there has been no measured "global warming" for the last 18 years."