See here for essential background: http://hpanwo-voice.blogspot.co.uk/2015/11/cop-21-begins.html.
The COP 21 conference in Paris has ended in success. After an extra weekend of
negotiations, the event has finally closed a deal christened, as I predicted,
"The Paris Pact". This treaty has been called by US President Obama "The best chance we have to save the
one planet we have.". All one hundred and ninety-five countries
represented at the conference have signed up. This deal is different to
previous ones because instead of specifying figures of Carbon™ emission
reduction, it instead specifies a limit on global temperature rise; this must
stay to below two degrees centigrade. How can anybody possibly predict
temperature rises based on our action? It means there are no limits on how much
Carbon™ nations can compel their people and industries to restrict. What if the
Pact conditions demand that the only way to keep the heat below two degrees is
to reduce Carbon™ emissions in China by 90 %? This could potentially be a mandate for forced
mass deindustrialization, see here for more details: http://hpanwo-voice.blogspot.co.uk/2015/01/deindustrialization-confession.html.
Also if we start getting up into the 1.8's and 1.9's the Paris Pact could be
applied to justify overt geoengineering to stop it slipping over the two degree
threshold. Frustratingly, in the wake of the announcement there have been
protests by climate change pressure groups demanding even more action. One of
them was in Paris , and strangely this is the only protest the French
authorities have permitted since the terrorist attacks in the city last month.
We now have an internationally imposed target to keep global temperatures from
reaching more than two degrees above "pre-industrial levels";
presumably that doesn't mean the medieval warm period when the world's
temperatures were naturally more than two degrees higher than today anyhow, or
Roman times when there were vineyards in Cumbria . I'm curious to find out how the Oxford Martin School
6 comments:
Clearly a scam. I believe that you are correct in your assessment regarding the relevance of China. China holds a lot of worthless US fiat currency, a.k.a. the Dollar. China is holding a lot of gold lately, as is Russia. The US army and US financial terrorists in Wall Street can only stave off the collapse of US hegemony should China, Russia, and certain Middle East states decide to trade oil etc in gold-backed currencies other than the dollar. The carbon business could be seen as a hedge against this, whereby carbon tokens would become the currency of the future (rather than gold backed currencies). Ben, as you have already trademarked carbon, you may be a very wealthy man should this come to pass!
Laurence, if I can make my fortune from speculations and put-options I'll buy Carbon today! Funnily enough gordon Brown sold half of Britain's gold to China is 2002 at a discount price. That's insane! As Max Keiser has pointed out, it's financial suicide.
Great Article Ben. Thanks for the work
You're welcome, X :-)
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