"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, 18 April 2015
No Underlying Global Temperature Increase For 20 Years
After taking out the effect of ENSO and eruptions, it is apparent that temperatures have been flat since the early 1990’s; indeed they have arguably been falling since.
This is significant. We are often told that the 17-year pause, with which we are all familiar, is solely dependent on cherry picking the big El Nino year of 1998 as a starting point.
What Santer’s study shows is that there has been no underlying upward trend in global temperatures for more than 20 years."