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"


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Monday, 28 May 2012

This new paper may explain the widespread belief in the value of Michael Mann’s methods and the ‘bet’ on the Hockey Stick

WUWT
"So why would I point out a paper on gambling as being relevant to the hockey stick? Because, the hockey stick was in fact a huge gamble on the part of “The Team”. They knew full well the science in it was shonky, but they hedged their bets with techniques (such as Mike’s Nature Trick) that gave a result that they felt sure would be “bought” by the scientific community at large. It was a good gamble at the time, but as Climategate has shown us, it may have been a winning hand with a one time jackpot, but they are losing the card game as the other players slowly realize they have a cheat in their midst."

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