"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
Fracking: MPs demanding ban 'listened to ill-informed green groups not science'
But Government sources dismissed the EAC report as “total rubbish”, while academics criticised the Committee’s findings. Professor Quentin Fisher, Professor of petroleum geoengineering at the University of Leeds, said: “It is disappointing to see a Government committee putting the ill-informed views of anti-fracking groups ahead of evidence-based scientific studies." ......Ken Cronin, chief executive of the fracking industry body the UK Onshore Operators Group, said: "This rushed report ignores the fact that gas is not just a source of electricity but has a major impact on everyday life with respect to products we use, to heat our homes, the cooking we do and the jobs it sustains in industry. ........A spokesman for the Department of Energy and Climate Change said: “We disagree with the conclusion of this report. We have one of the most robust regulatory regimes for shale gas. UK shale development is compatible with our goal to cut greenhouse gas emissions.”