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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Friday 12 November 2010

Road to Nowhere: Lomborg’s $250 Billion Throw for Renewables a Step Back for the ‘Skeptical Environmentalist’

MasterResource
A free-market energy blog

"Conclusion

Bjorn Lomborg should be careful about what he wishes for. The unintended consequences pursuant to a renewable trough worth $250 billion has the potential to spawn a lot more nonsense, given its potential for increasing the size and direction of government and making energy policy even more political, much less meritorious. It also has the potential to thwart promising technologies by propping up pretenders, as is the case today with public support for wind, solar, and ethanol. Such lost opportunity costs, if Lomborg’s campaign is successful, are likely to be his legacy.

One must ask: Does Lomborg understand energy reality and energy density, as explained by Vaclav Smil in his five part series at MasterResource and popularized by Robert Bryce in his recent book, Power Hungry?

The skeptical environmentalist has become far too credulous."

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