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 17 September 2011

Wind scam: now we pay for no power

Telegraph,Christopher Booker

"Not only do we give £1 billion a year in subsidies to the owners of Britain’s 3,500 wind turbines in return for pitiful amounts of electricity, but now we must also pay them, through our bills, to produce no electricity at all. During last weekend’s gales, 13 wind farms were told to switch their turbines off because they were chucking out more power than the grid could safely handle. For this they will receive “constraint” payments potentially worth millions of pounds. In May this year, energy companies paid £2.6 million to shut down Scottish wind farms for the same reason.

So, in the windless days of last winter’s freeze, the turbines contributed almost no power at a time of peak demand; and when the wind does blow, we pay them to contribute nothing. Sir Reginald Sheffield, the Prime Minister’s father-in-law, who earns nearly £1,000 a day from the windfarm on his Lincolnshire estate, is certainly in the right business."

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