"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
CRU Fraud – Making The Hiatus Disappear
The Climatic Research Unit at the University of East Anglia used to show the “hiatus” very clearly. Then they talked it over with their fellow fraudsters at NOAA and NASA – and made the hiatus disappear by switching to a new version of their data. If you remove their recent 0.1 degree data tampering, then 1998 becomes the hottest year – which agrees with satellites. Previously, CRU had excellent agreement with satellites about the hiatus. Satellites are supposed to show larger swings than surface data, but the trend was the same. Also note how satellite data shows much larger spikes during El Nino events, like 1998 and 2010. The new CRU data creates a warming trend where there is none. But the real smoking gun of fraud is the divergence with satellites during the current El Nino. They should be converging, not diverging. "