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...

Friday 29 June 2012

Carbon taxes: They just don’t work

JunkScience
"In Europe’s carbon-taxing nations, GHG reductions reflect high-wage job losses in sectors that governments have exempted from energy taxes in the unrealized hope of curbing those job losses. Total employment (both public and private sector) in Sweden crashed to almost 12 per cent below 1990 levels in the seven years after Sweden’s carbon tax was first introduced. Sweden’s job count only squeaked back up to 1990 levels in late 2007, before falling off again. ....... In Europe, governments have applied high energy taxes only to energy demand they feel is certain to grow in spite of the new taxes. This is about scoring new government revenues, not emission reductions."
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