"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
UK competitors are laughing. We just set world's most stringent carbon targets unilaterally, and no one will follow
The UK has announced an ambitious new carbon target for the early 2030s, allaying fears that the climate goal would be a casualty of the EU referendum.
Amber Rudd accepted the advice of the government’s statutory climate advisers, setting a target on Thursday of reducing carbon emissions 57% by 2030 on 1990 levels.
The legally binding “fifth carbon budget” laid in parliament today is tougher than the carbon emissions target the UK is signed up to as part of the European Union, which requires a 40% cut by 2030 on 1990 levels." (Guardian)