With the COP16 climate-change summit underway in Cancun, the scaremongering over global warming is reaching preposterous new heights as so-called “leaders” warn of humanity’s impending doom — unless, of course, all nations agree to global carbon taxes and other statist measures.

Amid low expectations and widespread disillusion, thousands of “climate dignitaries” from around the world descended on the Mexican resort city of Cancun for the first day of global-warming negotiations, each hoping to get something. A massive security presence — over 3,000 extra police and soldiers, along with warships off the coast — was deployed to protect the event and its participants.

From Cape Canaveral last Sunday evening, the Air Force, in conjunction with United Launch Alliance (ULA), launched a “massive, secret spy satellite” according to a CBS report, the 351st Delta launch since the program’s maiden flight in 1960.

For those who have tracked the development of the theory of manmade climate change in recent years, it seems as if its adherents thrive on a succession of purported crises. It is as if every study which is debunked, every scandal which discredits the prophets of doom, and every economic failure associated with the climate change theory has sparked two more crises to take their place.

On Election Day 2010, Reuters noted briefly that Intercontinental Exchange Inc. (ICE) was “shedding some 40 employees from its … Chicago Climate Exchange (CCX) by the end of the year, with further cuts [expected] in 2011.” In its curt announcement, Reuters said that all trading on that exchange had virtually stopped in July “due to the lack of U.S. action on climate change.”