"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"

PS: If you have arrived here on a page link, then click on the HOME link...

Friday, 12 June 2015

DECC Aproves Tidal Subsidy Drain

Guido Fawkes
Amber Rudd has made her first big decision as Secretary of State for Energy and Climate Change, granting planning consent to build the world’s first tidal lagoon in Swansea that “could” generate around 500GWh per year.
Constructing the lagoon will entail building a six mile sea wall, complete with 16 underwater turbines around Swansea Bay.
The project will cost around £1 billion and the developers are asking for £168 tax payer subsidy for every MWh they produce. The current market price is around £41 MWh… "

No comments:

Post a Comment