"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, 3 September 2016
Obama's "ratification" of the Paris climate treaty is a joke
There's some news. The Chinese and the U.S. president have met in China and "ratified" the Paris climate treaty. This brings the number of countries that have ratified it to 26. Additional 33 countries have promised to ratify before the end of the year. It means that the total number will exceed 55 which is needed. If they also exceed 55% of the world's production of CO2, the Paris climate treaty will come into force for the countries that have ratified it. ........ Recall that the Paris climate treaty is encouraging the countries to make individual commitments in the form of five-year plans to decarbonize their economies. Like communist parties, all the signatories should gather, talk about their experience with the five-year plans, criticize those who aren't sufficiently tough, and agree about new five-year plans. During communism, similar voluntary activities encouraged by the communist leadership were known as the Initiative Z. ..... Instead, Barack Obama has declared that the salvation of the planet is no big deal legally. It is just an "executive agreement" which only requires the president's signature. ..... It's ludicrous to assume that this signature of Obama's will matter. But it's only ludicrous from the contemporary viewpoint – this scenario has nothing to do with the way how the republic works. However, the actual main goal of the Paris treaty and similar activity of the climate alarmists is to change the conditions, promote the climate hysterical politicians to Führers, and make it possible for them to control every fart of yours and your cow (California has banned or regulated cows' farts, no kidding) without any attention paid to any representatives, voters, or taxpayers. The actual goal of the climate hysteria is to introduce a new totalitarian system and this is why its proponents must be treated in the same way as the Nazis."