"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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Tuesday, 27 February 2018
500 UK offshore wind turbines need vital repairs earlier than expected in an enormous renewable energy blunder which could cost more than £500 million. The turbines, operated by Ørsted and supplied by Siemens, need repairs to the leading edge of blades that eroded after only a few years at sea. At one wind farm off Duddon Sands, Cumbria, all 108 wind turbines have erosion problems, requiring removal and reconditioning. Repair entails the application of a rubber coating, meaning blades must be brought ashore. Costs including repair boat chartering and allowing for lost generation and income are estimated as around £1 million per turbine."