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...

Thursday 28 October 2010

Kintyre wind farm company in financial crisis

BBC
"The future of a wind turbine manufacturer which received millions of pounds from the Scottish government to safeguard jobs is in doubt.The Danish company Skykon, which took over the Vestas wind turbine factory in Kintyre last year, has announced it is suspending payments to its creditors.A total of 120 people are employed at the site just outside Campbeltown.In a statement Skykon said the company was in a very "cash-strapped situation." The announcement will come as a blow to First Minister Alex Salmond who went to Kintyre last summer to announce the deal.

The Scottish government agreed £9.2m worth of financial backing for Skykon which was intended to safeguard 100 jobs at the factory and create 300 more.However so far only £2.4m has been paid out since the money was being delivered in instalments with each batch dependent on Skykon fulfilling a number of conditions."
Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)