"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
Ooops! New NASA study: Antarctica isn’t losing ice mass after all !
From the “settled science” department and former chief alarmist Jay Zwally, who for years had said the Arctic was in big trouble (only to have his prediction falsified), comes this Emily Litella moment in climate science: “Never mind!”. Curiously, WUWT reported back in 2012 about an ICEsat study by Zwally that said: ICESAT Data Shows Mass Gains of the Antarctic Ice Sheet Exceed Losses. I surmise that with the publication of this second study, the original is now confirmed. I suppose John Cook will have to revise his “Denial 101” video on Antarctica now."