"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, 22 November 2014
Renewable Energy: So Useless That Even Greenie Google Gave up on it
Why is renewable energy such a total fail? Because, as Lewis Page explains here, it's so ludicrously inefficient and impossibly expensive that if ever we were so foolish as to try rolling it out on a scale beyond its current boutique levels, it would necessitate bankrupting the global economy.
In a nutshell, renewable energy is rubbish because so much equipment is needed to make it work - steel, concrete, copper, glass, carbon fibre, neodymium, shipping and haulage - that it very likely uses up more energy than it actually produces.
Yet our political class remains committed to the fantasy that the emperor's green clothes are perfectly magnificent. Earlier this week, for example, the British government chucked £720 million of taxpayers' money into a cesspit labelled the Green Climate Fund."