"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...
Saturday, 3 October 2015
India’s Proposed COP21 Climate Plan Will Triple Emissions By 2030
There is, of course, a bill attached to all of this!
Or $166 billion a year!
I expect this Plan will be lauded by the BBC and the like, but the reality is that India desperately need to increase both its electrical capacity and total energy consumption by large amounts in coming years if its economy is to grow and help reduce poverty levels, not to mention a rapidly expanding population.
Most of this extra power cannot be supplied by inefficient and unreliable renewables, though they do have a role to play in remote rural areas.
Even with mammoth climate aid payments from the West, India’s CO2 emissions will likely treble by 2030. Moreover, there is absolutely no commitment, or for that matter likelihood, that there will be any drop in those emissions after 2030."