"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 five 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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Monday, 4 March 2013
New paper shows 99% of IPCC models exaggerate warming in central & southeastern US
"A paper published today in the Journal of Climate finds that the latest IPCC climate models are unable to reproduce the cooling observed in the southeastern and central portions of the US during the 20th century. According to the authors, "Some parts of the U.S., especially the southeastern and central portion, cooled by up to 2°C during the 20th century, " but that "only 19 out of 100 all-forcing historical [climate models] simulated negative temperature trends (cooling) over the southeast U.S. with 99 members under-predicting the cooling rate in the region." The authors also find, "the simulations with greenhouse gases (GHG) forcing only produced strong warming in the central U.S." in comparison to the observed cooling. The paper adds to many other peer-reviewed papers demonstrating that climate models greatly exaggerate warming, and the alleged effects of increased greenhouse gases. It is also remarkable that the "adjusted" temperature record still shows the central & southeastern US cooled up to 2°C during the 20th century, despite massive data tampering to produce an artificial warming trend in US temperatures of > 1°C."