"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, 26 October 2014
I will keep Britain’s lights on, Ed Davey pledges
Those contingency measures, to be set out in full next week, are on both the supply and demand sides of the electricity system. To boost supply, “mothballed” plants could be brought back into use. Generating companies could also be told to “max-generate”, running at full capacity for a short-term surge. New demand-side contingencies are potentially more disruptive. In the event of a sudden shortage of power, big industrial consumers such as factories would be paid to switch on emergency backup generators and produce their own power."
Bishop Hill : Lights on factories off