"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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Monday, 18 January 2016
Baffin Island study disappoints: The illusive ‘coup de grace’ on the Medieval Warm Period
A detailed analysis of the regional literature in Arctic Northeast Canada and west coast Greenland West yields clear evidence for a warm MWP in the region. The claimed widespread cooling during the MWP by Young et al. 2015 is unsupported and unsustainable. It appears that the authors have generalized a local glacier anomaly from a restricted area on Baffin Island and erroneously interpreted it as a regional phenomenon. Notably, there may be alternative interpretations for local MWP glacier advances such as increased snowfall. Furthermore the review demonstrates that surface waters in fjords may have locally cooled during MWP times due to increased influx of cold melt water, displacing warmer Atlantic water. In contrast, fjord bottom waters often show MWP warming. ......"