"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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Friday, 10 October 2014
New paper finds climate sensitivity to CO2 is only 0.43C, about 7 times less than the IPCC claims
A new paper published in the Open Journal of Atmospheric and Climate Change by renowned professor of physics and expert on spectroscopy Dr. Hermann Harde finds that climate sensitivity to a doubling of CO2 levels is only about 0.43C, about 7 times less than the IPCC claims, but in line with many other published low estimates of climate sensitivity.
The paper further establishes that climate sensitivity to tiny changes in solar activity is comparable to that of CO2 and by no means insignificant as the IPCC prefers to claim. "