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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Saturday 30 April 2011

Climate change spending at risk of fraud and corruption

Telegraph
"Multi-billion pound spending on climate change and carbon markets could be wasted because of significant corruption and fraud, according to charity Transparency International. ..In a report to be released today the anti-corruption group will warn that all of the 20 countries most affected by climate change score badly on its corruption index.The industries likely to benefit from the $100bn spending on anti-climate change measures include forestry and agriculture. Transparency International is warning its is these industries that could be targeted by fraudsters."

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