20 Mar 2010, 5:50pm
Climate and Weather
by admin

Coldest U.S. Winter in the Last 20 Years

Climate At A Glance [here]

Winter (Dec-Feb) Temperature

Contiguous United States

NCDC Climate Services and Monitoring Division

Summary of the past winter is provided by the National Climate Data Center figure, below, indicating that last winter’s (December - February) temperature in the contiguous United States was the coldest winter temperature of the last 20 years and that these winter temperatures have been trending downward at a rate of 0.47 degrees F per decade for the last 20 years.

Winter (Dec-Feb) 2010: 31.21 degF Rank: 1 (coldest)

Meanwhile carbon offset trading markets have collapsed.

Chaos on carbon market over ‘recycled’ permits

by Carl Mortished: World Business Editor, UK Times March 18, 2010 [here]

Europe’s emissions trading system was in uproar yesterday amid a mounting scandal over “recycled” carbon permits.

Two carbon exchanges were forced to suspend trading as panic hit investors fearful that they had bought invalid permits.

BlueNext and Nord Pool, the French and Nordic exchanges, suspended trading in certificates of emission reduction (CERs) when it emerged that some had been illegally reused.

Concern that used and worthless permits were circulating caused the spot price of the certificates to collapse, from €12 per tonne of carbon to less than €1 . … [more]

And the Chicago Climate Exchange (CCX) is going through a record period of low price (ten cents a metric ton) and an extended lull in trading [here]:

Anthony Watts comments [here]:

“Dead” is a word that might describe trading on this exchange.

Maybe it has something to do with the members of the advisory board? On it we find Ed Begley Jr., Joe Kennedy II, and Dr. Rajenda Pachauri. With a team like that, how could it fail? The real problem with carbon credits is that there’s nothing tangible to trade. It’s all spun from thin air, literally. At least if you trade pork bellies, corn, wheat, or even orange juice, there’s something tangible that will eventually be delivered somewhere.

So we have a record cold winter and a downward trend to boot, and collapsing markets that trade ersatz fiat phony carbon credits. What does that tell you about the Global Warming Hoax?



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