"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 ten 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"
PS: If you have arrived here on a page link, then click on the HOME link...
Wednesday, 9 March 2016
President Obama just gave $500 million of Your Money to the UN Green Fund
Tyrants and dictators, shady international arms dealers, brutal leaders of broken, basket case nations like President for Life Robert Mugabe, will be celebrating today; President Obama just transferred $500 million of US Taxpayer’s money into the new UN Climate Fund. ...
$500 million is only a drop in the ocean, compared to the FY 2016 $22 trillion total US public debt. However, given the severe and rapidly worsening state of US government finances, a more productive use of the President’s remaining time in office, might be to find ways to cut expenditure, instead of thinking up new ways to give federal money away to people who hate America.
UPDATE by Anthony: Uh, oh.
State Dept defiant on $500M to UN climate fund: ‘Did Congress authorize the Green Climate Fund? No.’
Asked by Senator Cory Gardner if Congress approved the US State Department to divert $500 million to the United Nation’s Green Climate Fund, Deputy Secretary Heather Higgenbottom says: “Did Congress authorize the Green Climate Fund? No. […] We’ve reviewed the authority and the process under which we can do it, and our lawyers and we have determined that we have the ability to do it, and I pledge to you and to other members we’d be happy to provide that legal analysis and the additional details.”
Senate Foreign Relations Committee March 8, 2016 "