Wednesday, October 26, 2011

The Reference Frame: EU carbon allowances dropped by 40+ percent since May
The trading of carbon indulgences isn't really a sustainable activity. If you applied the same methodology of extrapolation to the recent price dynamics that the climate alarmists apply to temperature graphs and many other things, you could say that the prices of carbon permits are dropping exponentially with the half-life of about 6 months – or the lifetime of about 9 months; the latter is the time during which the price of your investments into the fraudulent carbon indulgences drops 2.718 times. For people in such a highly unstable, quickly diminishing industry who are going to get broke in a year to claim that they care about sustainability and they plan how the planet Earth should work and redistribute resources through 2100 or beyond is particularly ludicrous.
One third of humanity faces biggest risks from climate change - Telegraph
[Required picture of cracked mud included!] China and the United States – the world's No. 1 and No. 2 carbon emitters – are in the "medium" and "low" risk categories, respectively.

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