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...

Friday 19 March 2010

Managing catastrophic risks and climate change

Reuters
Ed: worth a read...
Comments -
"March 19th, 2010 13:57 GMT - Posted by Malcolm McClure

As a geologist who has followed the climate debate very closely, I consider that the increases in carbon dioxide and in global temperature are entirely within the scope of natural variability. CO2 has a residence time in the atmosphere of 5 to 15 years, not 100 years plus, as speculated in the 2007 IPCC report. Terrestrial vegetation and the colder oceans can easily absorb incremental carbon dioxide at rates far higher than those produced by industrial emissions. The current rise in CO2 is likely caused by gases absorbed during the Little Ice Age that are returning to the atmosphere from sojourn in the deep ocean, where CO2 residence time is 400 years.
Compared with those mega-scale processes, human efforts to reduce emissions are trivial. Rather than invent a plausible new rationale for Carbon Capture based on incalculable actuarial risks, it would be better to plan how the world can adapt to and manage what will be a very gradual process.
The climate has always been changing and the defining characteristic of humans is our adaptability. Don’t let the environmentalist’s scare scenarios panic us into making unwise economic investments."

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