"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"
PS: If you have arrived here on a page link, then click on the HOME link...
Wednesday, 6 July 2016
New Nuclear Icebreaker Extends Russian Arctic Dominance
Aside from utter defacto military dominance of the Arctic Ocean, the Russian icebreaker fleet ensures massive logistical support for growing commercial Russian oil and gas extraction in the far North.
Of course, given President Obama’s plan to make solar cost competitive in 10 years, and Obama’s confidence that the Arctic will be ice free by 2040, perhaps the current US administration thinks the massive Russian investment in icebreakers and Arctic fossil fuel extraction is wasted effort."