Climategate

"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 ten 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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Sunday 17 May 2015

Wind farms and solar panels 'will cost more than expected'

Telegraph
Energy bills will rise even more than expected to pay for wind farms and solar panels because ministers have underestimated the cost of green subsidies, a leading think tank has warned.
Ministers are on track to overshoot a budget for renewable energy subsidies that is already due to reach £7.6 billion by 2020, the analysis by Policy Exchange finds.
The subsidies are paid for through levies on consumer bills, which official estimates suggest will rise to £141 per household each year by the end of this decade if ministers stick within the Treasury-set spending cap."

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