"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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Monday, 16 November 2015
Another Smoking Gun Of Climate Incompetence At NASA
In 1988, NASA’s James Hansen claimed droughts re getting worse, and that the odds of drought in the 1950’s were only one in twenty. The exact opposite has happened. and in fact the frequency of drought in the 1950’s was 50%, not 5% as Hansen claimed. How could he make a mistake that bad, and not be called out on it by the New York Times? The worst drought in US history was in 1934, when 80% of the US was in drought. The 1934 drought was also the worst in England’s history. In fact, the 1934 drought was worldwide – with CO2 below 310 PPM. There is no correlation between drought and the amount of CO2 in the atmosphere. Why aren’t climate scientists interested in doing some actual research, and finding out what caused the 1934 global drought – rather than just blaming farmers in Oklahoma for it like they usually do."