Climategate

"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 ten 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"


PS: If you have arrived here on a page link, then click on the HOME link...

Monday 25 July 2022

Rebutting the IMF’s Carbon Arbitrage Scheme

 WUWT

The International Monetary Fund (IMF) recently issued a draft paper called “The Great Carbon Arbitrage” making various points that are scientifically wrong or unsupported. Our member Lars Schernikau wrote to the IMF asking for clarification and explaining the scientific issues at hand. A reply from the IMF is outstanding. The IMF draft paper targets specifically coal and makes various grossly misleading and actually unsupported statements in direct contradiction to scientific data and information available. This comes at a time when Europe and the world needs to increase coal burn to avoid a worsening energy crisis."

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