"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
Shocker: Top Google Engineers Say Renewable Energy ‘Simply won’t work’
A research effort by Google corporation to make renewable energy viable has been a complete failure, according to the scientists who led the programme. After 4 years of effort, their conclusion is that renewable energy “simply won’t work”. ...............There is simply no getout clause for renewables supporters. The people who ran the study are very much committed to the belief that CO2 is dangerous – they are supporters of James Hansen. Their sincere goal was not to simply install a few solar cells, but to find a way to fundamentally transform the economics of energy production – to make renewable energy cheaper than coal. To this end, the study considered exotic innovations barely on the drawing board, such as self erecting wind turbines, using robotic technology to create new wind farms without human intervention. The result however was total failure – even these exotic possibilities couldn’t deliver the necessary economic model."