"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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Wednesday, 9 December 2015
Cruz blasts 'alarmists' at climate change hearing
“I am the son of two mathematicians,” Cruz said in his opening statements. “I believe that public policy should follow the actual science and the actual data and evidence, and not political and partisan claims that run contrary to the science and data and analysis.”
Cruz told the story of a scientific ship that got stuck in Antarctic ice in the summer of 2013, and said that climate “alarmists” predicted that there would be no ice that year.
“On Christmas Eve, they became stuck in ice, ice that the climate-industrial complex had assured us had vanished,” he said.
Cruz, chairman of a Commerce Committee subpanel, repeatedly referred to satellite data that showed a long pause in global warming, data that recent studies have rebuked.
“According to the satellite data, there has been no significant global warming for the past 18 years,” he said. “Those are the data. Global-warming alarmists don’t like these data. They are inconvenient to their narrative. But facts and evidence matter.”