"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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Saturday, 2 July 2016
Brexit Spells End Of Europe’s Climate Obsession Germany Starts Roll-Back Of Climate Policy
Germany has abandoned plans to set out a timetable to exit coal-fired power production and scrapped C02 emissions reduction goals for individual sectors, according to the latest draft of an environment ministry document seen by Reuters on Wednesday. The new version, which was revised following consultation with the economy and energy ministry, has also deleted specific concrete C02 emissions savings targets for the energy, industry, transport and agriculture sectors. —Reuters, 29 June 2016
....Economics editor Daniel Wetzel at Germany’s center-right national daily Die Welt here writes that the Brexit may be the end of the Paris climate treaty and that it is a climate-political nightmare for the EU. –P Gosselin, No Tricks Zone, 30 June 2016