Don't miss it: Global Warming Hoax Weekly Round-Up, Jan. 23rd 2009

Two weeks later than planned, here is the inaugural weekly round-up of 2009.

GORE LIED on Obama

Obama will defer to the so-called consensus of scientists, while ignoring entirely the consensus of the public that anthropogenic global warming does not exist. For all of Obama's pronouncements to give all Americans a "seat at the table" when it comes to formulating his agenda, methinks that a line will be drawn when it comes to public skepticism of AGW - because the Obama Administration [has] already gone all in on imaginary AGW and the proposed "solutions".

Are climate change investors living in a fool’s paradise?

Practically without exception, all of these organizations, many of them among the most successful and respected in the world, completely ignore the risk that the very foundation of all of these activities might be shown to be faulty. Like many of those who were caught off guard by the subprime mortgage crisis, those involved in the rapidly expanding climate change industry are not asking the most fundamental of questions:

• What if the science that supposedly backs concerns over carbon dioxide (CO2) emissions cannot be justified?

And, even more important to the investment, legal and political community:

• What if the public at large come to believe that the whole thing is a gigantic scam? What if it becomes common knowledge that we can’t stop climate change and all of the great and glorious plans to restrict CO2 and other greenhouse gas emissions are seen as a complete waste?

In these tough economic times, government regulations such as cap and trade would then be dropped like a hot potato. ‘Carbon’ credits, as well as the massive investments into reducing CO2 emissions, would quickly become worthless. Careers, companies and investors would be ruined, governments disgraced and the environmental movement set back decades as their primary crusade over the last ten years is exposed as hopelessly misguided, or even worse, an enormous fraud.

Sound improbable? I wouldn’t bet on it.

Africa gets leg up into lucrative carbon market

Africa has already wasted a lot of time getting to grips with carbon markets.

Capacity problems have naturally been a major constraint: the bureaucracy and time spent securing CDM go-ahead is daunting for the uninitiated.

So it's rather good news that a unit of the state-owned Central Energy Fund, CEF Carbon South Africa, has teamed up with European partners to form a hub, offering comprehensive carbon trading solutions to African countries and trading as CarbonStream Africa.