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A Lethal Global Cocktail – why we should be concerned September 22, 2008

Posted by honestclimate in Global Cooling, sunspots.
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A lethal global cocktail – why we should be very concerned

By the blogowner, honestclimate, September 22, 2008

What do you get when you mix the following ingredients together?

Global Financial Crisis

+Global Cooling (extreme cooling predicted)

+Global Drought (severe drought predicted 2009-2016)

global drought

global financial crisis

global cooling

= A Lethal Global Cocktail

We have recently witnessed a financial crisis not seen in a long time, just last week Lehman Brothers filed for bankruptcy. Lehman Brothers was the oldest bank in the United States, a bank heavily invested in the politics of climate change, but couldn’t even predict its own downfall.

Now we have news of an impending global drought and global cooling, mix this in with the current financial crisis and we have reason for concern.

I’d like to share with you predictions by 2 well respected scientists:

The first by Professor William Alexander who has predicted a severe global drought from 2009-2016.

The second is a global cooling prediction by Professor Joseph D’Aleo.

Click here for Professor William Alexander’s Drought Prediction paper

Click here for Professor Joseph D’Aleo’s article on Global Cooling

As you can see we are in for some really tough times, whilst our politicians insist on squandering millions upon millions upon trying to prevent global warming, something us humans clearly have no control of. After all, the globe has refused to warm since 1998, whilst human co2 has increased substantially.

(more…)

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Financial crisis: Lehman misses out on carbon credit scam September 21, 2008

Posted by honestclimate in Carbon Trading, Discussions.
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Financial crisis: Lehman misses out on carbon credit scam

By Christopher Booker

From the Telegraph, September 21, 2008

What is the connection between the bankrupt Lehman Brothers and the likelihood that in four years’ time our electricity bills will jump another 25 per cent (on top of the rises likely from soaring coal and gas prices)?

The answer is that, before its collapse, Lehman was pitching to become the leader in the vast trade created by the new worldwide regulatory system to “fight climate change” by curbing emissions of carbon dioxide.
The biggest money-spinners will be the schemes whereby industry will pay for permits to emit CO2 at so much a ton, either directly to governments or by buying them on an international market.

This market, soon to be worth trillions of pounds, was where Lehman hoped to be “the prime brokerage for emissions permits”, as it set out in two hefty reports on “The Business of Climate Change”.

Advised by some of the world’s leading global warming activists, such as Dr James Hansen and Al Gore (a close friend of the firm’s erstwhile managing director Theodore Roosevelt IV), Lehman bought their message wholesale. GIM, the company set up by Gore to sell “carbon offsets” in return for planting trees, was a prized Lehman client. (more…)

Political Climate September 17, 2008

Posted by honestclimate in Carbon Trading.
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Lehman Brothers Close Ties to Gore, Hansen and Carbon Trading

From ICECAP, September 16, 2008

Al Gore’s carbon trading business GIM was banked with Lehman Bros. It will be interesting to see how this will play in the future but I suspect that this increases the risk of participating in Carbon trading. Merrill Lynch was also deeply involved in this business.

Last year Lehman Brothers released a long and highly publicized report about climate change in which they preached about decarbonization, trying to make their investors keep getting high profits from the Kyoto carbon trade scheme and the support of huge public subventions. All that, of course, with the applause of the usual choir of politicians, the entire media and the Greens.

Last year Lehman Brothers released a long and highly publicized report about climate change in which they preached about decarbonization, trying to make their investors keep getting high profits from the Kyoto carbon trade scheme and the support of huge public subventions. All that, of course, with the applause of the usual choir of politicians, the entire media and the Greens.

A year ago they couldn’t predict their bankruptcy but were predicting the climate 100 years ahead. Thousands of green militants have been using the Lehman report as a proof of global warming and impending chaos. Lehman Bros said it! sacred words! Its scientific advisor is James Hansen! The report is the basis for policies on climate change in Spain, Argentina and several other countries playing the progress game; it is used by economy professors playing the climatologists; by newspapers editorials, and even by a State Secretary: Lehman Bros, said it!

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