"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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Sunday, 13 December 2015
Paris #COP21 agreement – Watered down but still dangerous
China and India will be pleased that this agreement permits them to go on burning coal and expanding their economies all they want. The President will be pleased that the agreement is weak enough that he can attempt to bypass Senate ratification. ........
This agreement will not meaningfully alter the temperature of the Earth, even under the UN’s own computer models. The bad news is that it plants the seeds of a new UN climate regime that left unchecked will swell into a bureaucratic behemoth. The good news is that the agreement’s soft commitments, lack of penalties for noncompliance, and long dates buy time for more scientific data to come in. The more scientific evidence we examine, the weaker the case for economy-wrecking global warming policies becomes. Science may provide the way out. If we can keep the data honest."