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...

Tuesday 14 December 2010

Don’t pretend green jobs will save us

Andrew Bolt,Herald Sun (Australia)
"Time to call out Greens leader Bob Brown for his wild claims that whacking the country with a huge carbon tax will create a ”green jobs revolution”. Green policies in fact tend to kill jobs, not create them, not least by diverting huge amounts of taxes from more productive parts of the economy:

The Obama Administration channeled $90 billion of the $870 billion dollar stimulus package towards the new green economy.

The hope was that a national move from fossil energy to green energy would not only be good, long term, for the environment, but that the transition could also be a jobs’ driver, which would help resuscitate the overall economy.

But two years into Obama’s administration, the White House has reported it’s helped create 224,500 green jobs, far short of the 5 million it had openly predicted.

That’s $400,000 of government help for each green job.

Even then, that’s cheaper than the green jobs “created” by Spain’s mad flirtation with green power, that’s brought that country to the brink of bankruptcy:

The study calculates that since 2000 Spain spent €571,138 ($1.03 million) to create each “green job”, including subsidies of more than €1 million ($1.8 million) per wind industry job… The study calculates that the programs creating those jobs also resulted in the destruction of nearly 110,000 jobs elsewhere in the economy, or 2.2 jobs destroyed for every “green job” created.... "

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