"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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Sunday, 26 July 2015
How Arctic ice has made fools of all those poor warmists
Two events last week brought yet further twists to one of the longest-running farces of our modern world. One was the revelation by the European Space Agency that in 2013 and 2014, after years when the volume of Arctic ice had been diminishing, it increased again by as much as 33 per cent. The other was that Canadian scientists studying the effect of climate change on Arctic ice from an icebreaker had to suspend their research, when their vessel was called to the aid of other ships trapped in the thickest summer ice seen in Hudson Bay for 20 years. ..........
Of course, the reason why they have all wanted the ice at the poles to melt, not least on the land in Antarctica and Greenland, is that this would bring about their ultimate scare scenario: those sea levels rising by as much as 20 feet, which, as Al Gore showed in his Oscar-winning film An Inconvenient Truth, would flood New York, Shanghai and many of the world’s most populous cities.
But, alas, it just isn’t happening. In recent years there has been more polar ice in the world than at any time since satellite records began in 1979. In the very year they had forecast that the Arctic would be “ice free”, its thickness increased by a third. Polar bear numbers are rising, not falling. Temperatures in Greenland have shown no increase for decades.
The greatest scare story of all simply isn’t turning out as their computer models predicted. And no one has been more dangerously taken in by this silly scare story than the warmists themselves."