"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, 19 December 2016
Lawmakers Demand Obama Disclose What He Spent On Global Warming Programs
House lawmakers sent a letter to the White House Monday demanding an up-to-date list of how much federal agencies spend on global warming-related programs.
The budget law, passed in late 2015, required the Obama administration to detail all its global warming expenditures, but so far, the White House hasn’t handed anything over to lawmakers. .....
The White House reported to Congress in 2013 that it spent $22.2 billion on global warming programs that year. That number included scientific research, international climate assistance and green energy technology subsidies.
For perspective, the $22.2 billion in global warming spending was nearly twice as much as the government said it would spend on customs and border enforcement."