"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, 30 September 2019
Water Behaving Badly
After 2005 the global ice area went down, but by 2010 it had recovered. From there to 2015, it was above average. And since 2015 global ice area has dropped precipitously but then recovered back to average. Finally, there is no statistically significant trend in the full 1973 – 2019 dataset.
So … lots of things of interest in Figure 3. However, I gotta say, I’m not seeing the evil hand of steadily increasing atmospheric CO2 in that record. Nor am I seeing any “anthropogenic fingerprint”. Perhaps most importantly, am I unable to detect any sign of any “climate emergency” in that record.
The final surprise was the recent several-year deep drop and then recovery of the ice area. I figured it must be from what alarmists have termed the “Arctic death spiral”, the widely trumpeted decrease in Arctic sea ice. So I added the separate Arctic and the Antarctic records to Figure 3 above. Figure 4 below shows those records.
Curiously, the amount of ice at the two poles is just about the same, at ~2% of the globe. But that makes it hard to compare the Arctic and Antarctic ice. So in Figure 4 below, I’ve offset the northern hemisphere (blue line) by 1% for clarity. You’ll need to add 1% to the northern hemisphere ice areas to get the actual values. Figure 4 shows the globe as well as the two halves of the planet separately. Note that in this graphic they are all to the same scale."