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 28 September 2012

Energy: rigging the market

Dr Richard North
"Sneaked in a week ago, therefore, was a detailed report addressed to the EU commission, entitled, "Creating the Internal Energy Market". Dealing with the lack of profitability in the wind industry, it is promoting no less than a revolution in the way electricity is priced and marketed. At its heart is the premise we saw yesterday, where it is recognised that, "in contrast to conventional power generation, which is demand driven, wind energy is mainly supply driven according to the availability of its energy source". It took 20 years to connect the first 10GW of wind power to the grids in European countries, and another 13 years to add 90GW - with over half installed in just the last six years. Still unable to compete, in order to get its next 100GW, and the next, conventional electricity generation is to be made vastly more expensive, while the market is to be redesigned (i.e., rigged) to fit the renewables supplier rather than the consumer."

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