"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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Tuesday, 27 January 2015
Environmental Audit Committee Report is Total Clusterfrack
To say the EAC report on the environmental risks of fracking is unduly influenced by the loony green lobby would be somewhat of an understatement. ........
The lack of hard evidence in the report is nothing short of astonishing. At one point it even counters Public Health England’s conclusion that the “currently available evidence indicates that the potential risks to public health from exposure to the emissions associated with shale gas extraction will be low” with a claim by Green Party member Philip Mitchell that he had “surveyed people” in Yorkshire and was concerned that there have been an increase in respiratory problems. The “surveys” weren’t submitted.
Perhaps most puzzling is EAC’s claim that “Extensive production of unconventional gas through fracking is inconsistent with the UK’s obligations under the Climate Change Act and its carbon budgets regime“, a claim so spurious that even even the lefty wonks at the IPCC disagree, stating last year that it was “quite clear that shale gas can be very consistent with low carbon development and decarbonisation“. Every scientific fact is countered by ideological hippy anecdotes."