Carbon Derivatives: Blythe Master’s next financial weapon of mass destruction

FULL ARTICLE HERE

Really great blog posting with loads of links to sources about cap & trade, derivatives, and the disaster they could be.  Whether you believe in man-made global warming or not, you need to understand the folly of carbon derivatives.  More and more experts–both scientific and economic–are coming out against this system.

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An Inconvenient Fraud?

Al Gore and his pals in the science establishment want us to totally change our lives because of a theory that might not even be true. Have the sacred cows of global warming been gored beyond repair?

It was good to be Al Gore in the last part of the last decade. In the year 2000 he was the world’s biggest loser. By 2009 he was one of the world’s biggest winners after becoming the master of disaster. Flummoxed by his noninvention of the internet and his nonelection as president of the United States, Gore found a winning hand in predicting the end of the world. In the process, he received an Oscar for his film An Inconvenient Truth, the Nobel Peace Prize, and millions of dollars through his interests in companies that dealt in “carbon credits.” Gore became more of a “Comeback Kid” than Bill Clinton ever was. For most of 2009, it was still good to be King Al. But late in the year, Al Gore’s beloved internet betrayed him.

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The money trail

Somehow the tables have turned. For all the smears of big money funding the “deniers”, the numbers reveal that the sceptics are actually the true grassroots campaigners, while Greenpeace defends Wall St. How times have changed.

Sceptics are fighting a billion dollar industry aligned with a trillion dollar trading scheme. Big Oil’s supposed evil influence has been vastly outdone by Big Government, and even those taxpayer billions are trumped by Big-Banking.

The big-money side of this debate has fostered a myth that sceptics write what they write because they are funded by oil profits. They say, follow the money? So I did and it’s chilling. Greens and environmentalists need to be aware each time they smear with an ad hominem attack they are unwittingly helping giant finance houses.

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Climatology expert threatened for climate change views

“If people knew just how deep and dark this conspiracy is — yes, conspiracy — they’d be amazed,” he explains. “More and more academics are standing up to refute climate-change theories, but it’s still dangerous to do so. It can mean the end of a career, the targeting of someone by well-organized fanatics.”

I rather doubted this man who is arguably Canada’s leading scientific opponent of climate-change fundamentalism until the e-mails poured in after his television appearance. People wrote that he was in the pay of big oil, was a simple high-school geography teacher, was insane and worse. In fact, he is a university academic with impressive graduate degrees and doctorates and, unlike so many global warming advocates, is not in the pay of anybody.

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Climategate U-turn as scientist at centre of row admits: There has been no global warming since 1995

Professor Jones told the BBC yesterday there was truth in the observations of colleagues that he lacked organisational skills, that his office was swamped with piles of paper and that his record keeping is ‘not as good as it should be’.

The data is crucial to the famous ‘hockey stick graph’ used by climate change advocates to support the theory.

Professor Jones also conceded the possibility that the world was warmer in medieval times than now – suggesting global warming may not be a man-made phenomenon.

And he said that for the past 15 years there has been no ‘statistically significant’ warming.

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The crazy thing is that while admitting all this, Jones still holds to the notion that the science behind AGW theory is sound.  Meanwhile, Obama has decided to set up his own group to promote the man-made global warming myths since the IPCC is being found more and more fraudulent.  He’s desperate for the income from cap and trade legislation.