"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, 16 May 2016
Our crazy energy policy just got madder still
As we know, arguably the greatest collective flight from reality in the history of British politics was that brought about by Ed Miliband’s 2008 Climate Change Act, which committed Britain, alone in the world, to cutting its “carbon emissions” by 80 per cent. Anyone with a shred of common sense would have known that, with fossil fuels still providing (according to the latest government figures) 84 per cent of all our energy – including 70 per cent of our electricity and pretty well 100 per cent of our transport – while renewable wind, sun and hydro supply less than 2 per cent, it was not entirely rational to set ourselves a goal that could only be reached by closing down virtually our entire economy.
Yet this 80 per cent figure was at the last minute plucked from the air by Mr Miliband, on the advice of a young lady called Bryony Worthington, previously the climate change campaign director for Friends of the Earth, who had been invited to draft an Act which was then supported by all but five of our MPs."