"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, 15 November 2014
Obama Pushes for World Climate Pact After China Deal
A Sino-U.S. breakthrough on reducing carbon emissions proves a global deal on climate change is achievable, U.S. President Barack Obama said Saturday, as campaigners hailed new momentum in long-stalled talks.
Announcing a $3 billion contribution to a U.N.-backed climate change mitigation fund, Obama said the China-U.S. deal showed the way forward. “If China and the U.S. can agree on this, then the world can agree on this—we can get this done,” he said in a speech on the sidelines of the G20 summit in Brisbane. .........However, Republican James Inhofe, regarded as the chief climate change skeptic in the U.S. Congress, signaled Obama would struggle to get the funds through the legislature, particularly after his position was weakened in recent mid-term elections.
“President Obama’s pledge to give unelected bureaucrats at the U.N. $3 billion for climate change initiatives is an unfortunate decision to not listen to voters in this most recent election cycle,” Inhofe said."