"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, 24 January 2015
The polarisation of the climate debate has gone too far
What sealed my apostasy from climate alarm was the extraordinary history of the famous “hockey stick” graph, which purported to show that today’s temperatures were higher and changing faster than at any time in the past thousand years. That graph genuinely shocked me when I first saw it and, briefly in the early 2000s, it persuaded me to abandon my growing doubts about dangerous climate change and return to the “alarmed” camp.
Then I began to read the work of two Canadian researchers, Steve McIntyre and Ross McKitrick. They and others have shown, as confirmed by the National Academy of Sciences in the United States, that the hockey stick graph, and others like it, are heavily reliant on dubious sets of tree rings and use inappropriate statistical filters that exaggerate any 20th-century upturns.
What shocked me more was the scientific establishment’s reaction to this: it tried to pretend that nothing was wrong. And then a flood of emails was leaked in 2009 showing some climate scientists apparently scheming to withhold data, prevent papers being published, get journal editors sacked and evade freedom-of-information requests, much as sceptics had been alleging. That was when I began to re-examine everything I had been told about climate change and, the more I looked, the flakier the prediction of rapid warming seemed.
I am especially unimpressed by the claim that a prediction of rapid and dangerous warming is “settled science”, as firm as evolution or gravity. How could it be? It is a prediction! No prediction, let alone in a multi-causal, chaotic and poorly understood system like the global climate, should ever be treated as gospel. With the exception of eclipses, there is virtually nothing scientists can say with certainty about the future. It is absurd to argue that one cannot disagree with a forecast. Is the Bank of England’s inflation forecast infallible? "