"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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Thursday, 5 November 2015
China Shows How Much It Cares About Climate Change: With A Single, Upraised Finger
According to shock data released, without fanfare, by China’s statistical agency, its coal use has been about 17 per cent higher per year than earlier official figures admitted. This may have pumped an extra billion tons per year of CO2 into the atmosphere – more than the total house gas output of the entire German economy. In 2012, China burned through an extra 600 million tons of coal: about 70 per cent of the amount used annually by the US. The new figures make a nonsense of China’s publicly-expressed commitment to wage war on climate change. house gas output of the entire German economy. In 2012, China burned through an extra 600 million tons of coal: about 70 per cent of the amount used annually by the US. The new figures make a nonsense of China’s publicly-expressed commitment to wage war on climate change."