"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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Saturday, 26 December 2015
Analyst: US Senate Should Unilaterally Refuse to Ratify Paris Climate Treaty
“The Senate leadership does not want an institutional fight,” but after cedingits institutional prerogative to President Obama over the Iran nuclear deal, it can and should reclaim its constitutional role by unilaterally refusing to ratify theParis climate change treaty, saysChristopher Horner, an attorney and senior fellow at the Competitive Enterprise Institute (CEI).
“Although the Senate’s treaty function has been greatly diminished, refusing to ratify sends a statement to the world that this agreement should be regarded as a promise, not a commitment. But not doing anything is, in fact, a commitment,” Horner told CNSNews.com.
“The ball really is in the Senate’s court,” he continued. “Obama knows that if the Senate says something, his signed pledge will be under a cloud. But if the Senate lets this go, there is no middle ground.”