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Cap and Trade: A Gigantic Scam

George Washington's picture




 

Washington’s
Blog

As I pointed out in December:

James Hansen - the world's leading climate scientist fighting against global warming - told Amy Goodman this morning that cap and trade not only won't reduce emissions, it may actually increase them:

The
problem is that the emissions just go someplace else. That’s what
happened after Kyoto, and that’s what would happen again, if—as long as
fossil fuels are the cheapest energy, they will be burned someplace.
You know, the Europeans thought they actually reduced their emissions
after Kyoto, but what happened was the products that had been made in
their countries began to be made in other countries, which were burning
the cheapest form of fossil fuel, so the total emissions actually increased...

See also this and this.

 

Environmental groups such as Friends of the Earth and Greenpeace are also against cap and trade (and see this and this), as is the head of California's cap and trade program for the EPA.

 

Hansen also told Goodman that (notwithstanding Paul Krugman's assertions) most economists say that cap and trade won't work:

I’ve
talked with many economists, and the majority of them agree that the
cap and trade with offsets is not the way to address the problem.

As I have previously pointed out:

  • The economists who invented cap-and-trade say that it won't work for global warming
  • European criminal investigators have determined that there is a tremendous amount of fraud occurring in the carbon trading market. Indeed, organized crime has  largely taken over the European cap and trade market.
  • Former U.S. Undersecretary of Commerce for Economic Affairs Robert Shapiro says
    that the proposed cap and trade law "has no provisions to prevent
    insider trading by utilities and energy companies or a financial
    meltdown from speculators trading frantically in the permits and their
    derivatives."
  • Our bailout buddies over at Goldman
    Sachs, JP Morgan, Morgan Stanley, Citigroup and the other Wall Street
    behemoths are buying heavily into carbon trading (see this, this, this, this, this, this and this).
    As University of Maryland professor economics professor and former
    Chief Economist at the U.S. International Trade Commission Peter Morici
    writes:

    Obama
    must ensure that the banks use the trillions of dollars in federal
    bailout assistance to renegotiate mortgages and make new loans to
    worthy homebuyers and businesses. Obama must make certain that banks do not continue to squander federal largess by padding executive bonuses, acquiring other banks and pursuing new high-return, high-risk lines of businesses in merger activity, carbon trading
    and complex derivatives. Industry leaders like Citigroup have announced
    plans to move in those directions. Many of these bankers enjoyed
    influence in and contributed generously to the Obama campaign. Now it
    remains to be seen if a President Obama can stand up to these same
    bankers and persuade or compel them to act responsibly.

    In
    other words, the same companies that made billions off of derivatives
    and other scams and are now getting bailed out on your dime are going
    to make billions from carbon trading.

One the largest boosters for cap and trade invented credit default swaps
- which were supposed to increase financial stability, but instead were
a large part of the reason that the world economy crashed last year

Jeanne Roberts provides an update at environmental website Celsius:

The
E.U. carbon emissions trading fraud is huge, but perhaps nothing
compared to the potential for cheating that will become available in
the United States once Waxman-Markey, or some similar scheme for
reducing carbon emissions, emerges from the Senate to become law.

 

***

 

As
Bloomberg notes, a carbon trading market organized around derivatives
(sometimes known as credit default swaps, or CDS) is “open to
manipulation,” in the words of billionaire hedge fund investor George
Soros.

 

In fact, some old-school environmentalists see the whole
carbon trading scheme as not a way to curb climate change, but merely a
way to make the rich even richer at the expense of the rest of us. As
Larry Lohmann, the founding member of the Durban Group for Climate
Justice, says, “Dishonesty is rife throughout the carbon offset market.”

 

In
January, investigators from Belgium said that in some E.U. countries,
90 percent of the market volume in carbon trading was based on criminal
activities.

 

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Sun, 05/23/2010 - 13:40 | 368796 thisandthat
thisandthat's picture

Here's to you, Capt. Obvious-and-late-to-the-game-(after-I-helped-rigging-it). Without you, "nobody" would have figured it out since the effing beginning, so, again, thank you very much - Nobel Prize on the way.

Anyway:

"James Hansen - the world's leading climate scientist" (right...) - if that is what you call this kind of puppet, what would you call someone like Henrik Svensmark (The Chilling Stars: A New Theory of Climate Change, the derived The Cloud Mystery, and also this), then?

Sun, 05/23/2010 - 12:21 | 368677 Fred Hayek
Fred Hayek's picture

JW.  The irony of your imlying that others should seek counsel from jesus on the issue is quite rich.  AGW is a religion.  Check out this web site for instance. 

http://chiefio.wordpress.com/

I warn you, you'll think he's an icky heretic.  But if you can get past your instinct to refuse to listen to anything said by someone who doesn't believe in AGW, you'll find that the man shows how the claims of NOAA and Hadley of just what temperatures are right now are farcical bs because they've dropped the majority of the weather stations from the records and gone against all their own purported standards for what are good stations (rural with no uhi effects) in order to juice the numbers.  April could have been anything from average to moderately cold and they can call it hot. 

If you can't read some of that site, if you can't read Montford's book, The Hockey Stick Illusion, if no contrary information can be allowed to be integrated into your thoughts, what do you have?  You have a religion.

 

P.S.--Montford's book shows how McIntyre has demolished most of your references in your post a couple up.  Challenge yourself.  Read it.  If you feel so strongly about this issue and you can't, what do you have?

 

Mon, 05/24/2010 - 14:24 | 370560 JW n FL
JW n FL's picture

Fred Hayek,

 

Warming goes global

The year started out with some sobering, if not altogether surprising, news: overall, the Antarctic continent is warming. Although some of the Antarctic Peninsula had previously shown rapid warming, parts of the continent — especially near the South Pole — seemed to be unaccountably cooling.

In January, climatologist Eric Steig of the University of Washington in Seattle and colleagues reported (Nature 457, 459–462; 2009) that warming was widespread across the continent. Using satellite measurements combined with historical weather station data to interpolate Antarctic temperatures over the last 50 years, they found that the average temperature in West Antarctica had increased 0.1 °C per year. The previous apparent cooling resulted from the fact that prior to the use of satellites, data existed for only a relatively small number of weather stations.

Their findings were backed up by a study published in October. Writing in Geophysical Research Letters (36, L20704; 2009) Liz Thomas and colleagues from the British Antarctic Survey reported that an ice core taken in the southwestern Antarctic Peninsula showed warming of 2.7 °C over the last 50 years.

These studies provided the necessary evidence to show that human-induced warming is happening globally. "We now see warming is taking place on all seven of the earth's continents in accord with what models predict as a response to greenhouse gases," Steig told the New York Times.

Confusion over cooling

In March, a rather technical paper discussing climate periodicity was widely misinterpreted as suggesting that we are in a period of global cooling, and much energy was expended trying to set the record straight. Kyle Swanson and Anastasios A. Tsonis of the University of Wisconsin–Milwaukee reported in Geophysical Research Letters (36, L06711; 2009) that although temperatures rose overall during the twentieth century, distinct periods of warming and cooling of about 30 years each were superimposed on the warming trend.

The authors were investigating whether natural climate variability, including short-term climatic events such as El Niño, could explain the shifts between these phases. The authors found that there are times when different types of natural variation in the climate synchronize, which shifts the climate to a new state. We might have entered such a phase in 2001–2002, in which case there could be a pause in warming before temperatures start rising again, said the authors.

Some critics took issue with their data sets and asked whether the pair were misinterpreting normal year-to-year variability, in which temperatures drop some years and increase in others even though the long-term trend is upward. "Regardless, it's important to note that we are not talking about global cooling, just a pause in warming," wrote Swanson on the Real Climate blog.

http://www.guardian.co.uk/environment/2009/dec/29/climate-science-2009

 

Or...

 

Climate scientists withdraw journal claims of rising sea levels

Study claimed in 2009 that sea levels would rise by up to 82cm by the end of century – but the report's author now says true estimate is still unknown

http://www.guardian.co.uk/environment/2010/feb/21/sea-level-geoscience-retract-siddall


 

Or.... http://www.ipcc.ch/ipccreports/ar4-wg1.htm

 

I will say this about Ice Caps melting and the ocean rising... I, Myself have seen the difference in water marks and heights in the Bahamas, Palm Beach and the Keys... where I, Myself have been traveling to since before I could walk...

So, side from the Copulas!

I will say, on non-moonlit nights... people have been pushed back. Go talk to someone who lives on an island, let them show you where their parents lived and now where they live... No magic copulas, no bought and paid for scientists… Just real people, making mention of what has changed in their life.

If you choose to notice, I provide both for and against… But I am a true believer. Not because of what someone else has tried to demonstrate thru the use of a math problem… but because I am a water Baby, I fish at home… which is Palm Beach, I fish in the Keys (Button Wood, Marathon) and I fish all over the Bahamas… Not even to mention Jacksonville where the St. Johns river… on full moon nights has little if any problem with jumping the old bulk heads… Plainly, the river the flows North… can with very little help over run the man made devices that were installed 30 – 40 years ago…

You can choose to believe what you will, I will believe what I have seen with my own eyes.

 

Sun, 05/23/2010 - 19:50 | 369191 John_Coltrane
John_Coltrane's picture

Yep, AGW is a belief system with skeptics labeled "deny-ers".  The real problem with modeling climate change is that water is the most important green house gas.  You don't need to be a research scientist (though I am) to understand why:  cloud formation is the single strongest influence on surface temperatures.  Clouds reflect heat during the day and trap irradiated heat from the surface during the night (ever notice how clear nights are so cool).  Unfortunately, understanding/modeling the effect of clouds and their global distribution is basically impossible (like most non-linear system such as capital markets) and so is ignored in favor of a simplistic assumption that CO2, though very minor and a weak IR absorber/heat trapper, compared to water or methane has a forcing function effect which increases (or decreases?) the effect of major green house gas water.  So, one can get either global cooling or warming depending on very subtle assumptions regarding the feedback from CO2.  Unfortunately, for believers, ice core isotope data over hundreds of thousands of years of warming and cooling cycles show that increases in CO2 always follow time  increases in surface temperature (they are an "effect" of higher T, not a cause).  This is because the solubility of CO2 and all gasses in water (its main repositority) decreases with T, as anyone whose ever boiled a pot of water has probably noticed.  Thus, historically, high CO2 is correlated, but not caused by high surface T.  The heating and cooling cycles which occured before man's small addition to natural CO2 is mostly due to higher irradiation levels from the sun due to changes in the earths orbit and angle of tilt.  The confusion between correlation and causation is the most frequent error made by both scientists and the general public and why scientific "consensus" is often a contrary indicator as the original reactions (1910-1920) to quantum theory  have demonstrated.

Obviously cap and trade is a scam.  If one was really concerned about higher surface T in the Northern latitudes melting the ice caps (a legitimate concern IMO), one could cheaply and easily rectify this by injecting controlled amounts of SO2 (sulfur diooxide made by burning sulfur)) into the upper stratasphere (e.g artificial volcanic activity) where it would form aerosols effectly scattering solar light and cooling the northern regions.  We know this works from studying the cooling effects of Mt Pinatubo.  However, this solution is too cheap and easy for the global control freaks and no one could actually made much money.

Sun, 05/23/2010 - 11:28 | 368623 Not For Reuse
Not For Reuse's picture

On another note,

AGW : Climate Change :: EW : Stock Market

Sun, 05/23/2010 - 11:26 | 368618 Not For Reuse
Not For Reuse's picture

> "Jesus Warm Hug"

I suspect that this theory proposed by JW will prove to be just as false as the one involving CO2.

Sun, 05/23/2010 - 10:27 | 368532 trichotil
trichotil's picture

"...Quantum Mechanics has shown that the universe is a seething cauldron of energy with particles popping into existence and then dropping out again.   Knowing that E = mC2, we can see that a tremendous amount of energy is needed to create any form of matter.   Scientists remark that if we could tap even a small part of that energy, then we would have free energy for our lifetime."

http://www.free-energy-info.co.uk/


Sun, 05/23/2010 - 10:27 | 368531 masterinchancery
masterinchancery's picture

A ridiculous, expensive non-solution to a non-problem, the real "problem" probably being cooling, that will enrich bankers and politicians.  Brilliant!

Sun, 05/23/2010 - 10:36 | 368545 JW n FL
JW n FL's picture

I talked with Jesus earlier and he said that Global warming is just his way of embracing the Earth with a warm hug…

 

Or??????????????????????????????????? see the science below... talking about 8th grade math... you can even run the numbers yourself as they show thier work.

 


NOAA Reports Warmest April Global Temperature on Record

·         May 19, 2010

The combined global land and ocean surface temperature was the warmest on record for both April and for the period from January-April, according to the National Oceanic and Atmospheric Administration (NOAA). Additionally, last month’s average ocean surface temperature was the warmest on record for any April, and the global land surface temperature was the third warmest on record.

The monthly analysis from NOAA’s National Climatic Data Center, which is based on records going back to 1880, is part of the suite of climate services that NOAA provides government, business and community leaders so they can make informed decisions.

The combined April global land and ocean average surface temperature was the warmest on record at 58.1 degrees F (14.5 degrees C), which is 1.37 degrees F (0.76 degrees C) above the 20th century average of 56.7 degrees F (13.7 degrees C).

 

http://eponline.com/articles/2010/05/19/noaa-reports-warmest-april-global-temperature-on-record.aspx

 

Air Temperature

NOAA Paleoclimate Network of 92 Temperature Reconstructions

Global and Hemispheric

Global Surface Temperature (Geothermal Heat Flow Analysis: Boreholes), 20,000 Years, Huang et al. 2008, Text or Excel.

Global & Hemispheric Temperature, NAO, and SOI (Review), 2000 Years, Jones and Mann 2004.

Global Temperature (PCA: Tree-rings, Ice Cores, Corals, Sediments, Historical), 1000 Years, Jones et al. 1998

Global & Hemispheric Temperature (Review), Multiproxy, 2,000 Years, Ljungqvist 2009.

Global Temperature (PCA: Tree-rings, Ice Cores, Corals) and Spatial Distribution, 600 Years, Mann et al. 2000.

Global Gridded Temperature (Climate Field Reconstruction, Multiproxy), 1,500 Years, Mann et al. 2009.

Global & Hemispheric Temperature (CPS & EIV: Tree Rings, Multiproxy), 2,000 Years, Mann et al. 2008.

Global Temperature (PCA: Tree-rings, Ice Cores, Corals, Historical), 600 Years, Mann et al. 1998.

Global Temperature (Glacier Length), 400 Years, Oerlemans 2005

Global Temperature (Geothermal Heat Flow Analysis: Boreholes), 500 Years, Pollack et al. 1998.

Antarctic Temperature, EPICA Dome C, (Isotopes: Ice Core) 800,000 Years, Jouzel et al. 2007.

Antarctic Temperature, Vostok, (Isotopes: Ice Core) 414,000 Years, Petit et al. 1999.

Northern Hemisphere Temperature (Tree-ring, Ice Cores, Corals), 1000 Years, Ammann and Wahl 2007.

Northern Hemisphere & Regional Temperature (Age Band Decomp.: Tree-rings), 600 Years, Briffa et al. 2001.

Northern Hemisphere Temperature (Regression: Tree-rings), 600 Years, Briffa et al. 1998.

Northern Hemisphere Temperature (Tree-rings, Ice Cores, Historical), 1000 Years, Crowley & Lowery 2000.

Northern Hemisphere Temperature (RCS and STD: Tree-rings), 1300 Years, D'Arrigo et al. 2006.

Northern Hemisphere Temperature (RCS: Tree-rings), 1000 Years, Esper et al. 2002.

Northern Hemisphere Temperature (Ensemble, Carbon Cycle Sensitivity), 1000 Years, Frank et al. 2010.

Northern Hemisphere Temperature (Least Squares: Tree-rings), 1,500 Years, Hegerl et al. 2007, Text or Excel.

Northern Hemisphere Temperature (Boreholes, Tree-ring, Ice Cores, Corals), 500 Years, Huang 2004.

Northern Hemisphere Temperature (Review), 1000 Years, IPCC Fourth Assessment, Working Group 1, 2007.

Hemispheric Temperature, NAO, and SOI (Review), 1000 Years, Jones et al. 2001.

Northern Hemisphere Temperature (PCA: Tree-rings, Ice Cores, Corals), 1000 Years, Mann et al. 1999.

Hemispheric Temperature (Historical, Tree-rings, Ice Cores, Sediment), 2000 Years, Mann and Jones 2003.

Northern Hemisphere Temperature (Wavelet: Sediments, Tree-rings), 2000 Years, Moberg et al. 2005.

Northern Hemisphere Temperature, Warm/Cold Spatial Extent, 1,200 Years, Osborn and Briffa 2006.

Northern Hemisphere Temperature (Review/Comparison), 600 Years, Rutherford et al. 2005.

Northern Hemisphere Temperature (Speleothem Layer Thickness), 500 Years, Smith et al. 2006.

Northern Hemisphere Temperature (Tree-rings), 250 Years, Wilson et al. 2007.

Local and Regional

Greenland Temperature, 49,000 Years, Alley 2000

Arctic Temperature, 2,000 Years, Kaufman et al. 2009

Arctic Temperature, 400 Years, Overpeck et al. 1997

Antarctic Temperature, 200 Years, Schneider et al. 2006

Dome Fuji, Antarctica Preliminary Temperature, 340,000 Years, Kawamura et al. 2007

 

 

Sun, 05/23/2010 - 10:16 | 368520 moneymutt
moneymutt's picture

As usual, we are presented with a big problem, which often is a problem which govt/laws is our best or only means for us to solve (sometimes is problem is real and simply exaggerated of sometimes its outright faked) and then the solution/reform offered to us is a train wreck. These train wreck reforms fit one of these categories: 

1) only partially or marginally address problems and incur huge, unnecessary costs to taxpayer so some insider, connected big businesses greatly profits while implementing "reform" laws and policies that reduce our liberties or expand our interference/empire around the word or both

or

2) actually make problem worse,  and incur huge, unnecessary costs to taxpayer so some insider, connected big businesses greatly profits while implementing "reform" laws and policies that reduce our liberties or expand our interference/empire around the word or both

Some examples that come to my mind:

Crack: The real problem drug trade and associated violence in the 90s. When crack hit the cities of America, it was a problem, it destroyed many lives and families and amped up some of the violence around the trade, but the way politicians talked about it, they made it sound like the world was ending. There were congressional degrees, laws increased the plenties for crack to 500 fold compared to powder cocaine. Just read some of the news coverage of time and compare it to how the media and politicians have talked about Meth, they were crazed about crack. The difference between meth and crack was crack was to serve purpose of making money and reducing liberty. Meth was dealt with by local and federal authorities fairly appropriately when compared to crack. Cutting off access to main ingredient, massive educational programs on the horribly addictive nature etc..The crack wave instead was used as "THE VERY SCARY PROBLEM" that "NEEDS BIG FIX". Of course it always helps to have the problem made to seem worse by playing to racial or ethnic animosities. So then suddenly we had massive war on drugs, everyone trying to get police more power, guns and we had SWAT teams descending on small time users or petty street dealers in inner city, swooping up masses of people and incarcerating them. New draconian laws limiting our liberties are introduced. We spend money messing around with counter-insurgency narco-terrorist programs in Latin America. And lo and behold, we need lots lots more prisons, in fact we need to privatize prisons, so suddenly taxpayer is paying way more to for law enforcement and some private prison companies and their investors become very wealthy. See http://dunwalke.com/

Senior can't afford healthcare (prescription drugs) - So in the 2000s were heard how seniors could by the drugs they needed. No doubt a big problem but no doubt its exaggerated. Many of the drugs may not even be the most effective treatment, but are pushed on seniors by pharma. Solution: Medicare Part D which limited ability of govt to negotiate fair market prices of pharmaceuticals and Part D's 10 year costs was about 1 trillion dollars (consider all of Obamacare has been projected to cost about 1 trillion dollars - which of course it will exceed that, but drugs for seniors cost will still be close to as expensive as total current HCR without). They even violated House rules and froze the CSPAN cameras to wrangle the vote of some of the principled Republicans who were voting against it. And there was no funding mechanism for this huge extra expense in the form of a tax that might have created some backlash and a search for more efficient way to help seniors with their health, instead, Part D was complete deficit spending. Of course, it also reduced consumer choices. see: http://www.econbrowser.com/archives/2010/03/speaking_of_lia.html 

http://securingamerica.com/ccn/node/7827

E-voting -How about the close vote count in Florida in 2000. Clearly our elections systems and voting methods were exposed to be messy and inconsistent, not reliable. A real problem that needed some practical, well-organized solutions. The solution we got? A new law that meant local election districts and states had to spend a whole bunch of money on electronic machines that count ballots in secret and cannot be checked by general public. Better yet, they spent the money on companies with suspect loyalties, such as companies that have ties to Venezuala, political CEOs etc...And while paper ballots allow many people to vote at one time (only small, cheap, voter privacy tables needed) and at the most only need one or two machines at each precinct to count ballots and leave a paper trail that can be used to audit vote...instead we get e-vote expensive machines that need constant tinkering and re-programming (expensive service contracts) that every voter needs to have to cast votes...so if power goes out, no one can vote; if a few machines malfunction in a precinct, long lines to vote. In the citizens of OH paid huge money for such machines, only to have some precincts get one or two, forcing them to wait 8-10 hours in lines to vote, when cheap paper ballots would have had them on there way in minutes. Expensive solution that makes public auditing and security of election nearly impossible. And lo and behold, some private companies made big money consulting about this, "testing" the software, building and servicing machines. Lately, Hillary has been promoting e-vote machines in India, huh? Expensive "solution" that reduces our liberties. See Hacking Democracy http://www.hackingdemocracy.com/ and www.blackboxvoting.org.

Terrorism. Real problem, some people hate America and some people are willing to kill themselves to make their point. But it is exaggerated greatly and were are presented with expensive, ineffective partial solutions like making war on a country that was not source of terrorism and implement laws that take our liberties away...

Financial Collapse - real problem, solution TARP, TALF etc...on ZH no more need be said

Health Care Reform. Real problem, expensive partial solution profitable only to some special interests..

 

Sun, 05/23/2010 - 10:00 | 368501 Ned Zeppelin
Ned Zeppelin's picture

The exercise of a scant modicum of common sense reveals C&T to be a total investment bank engineered scam, a phony, artificial market set up to enable a few to skim off trillions of dollars.  Utter bullshit and needs to die an unnatural death asap.  Investment in alternative energy without C&T will work just as well and will occur as the price of oil rises over time. 

By the way, you can agree that global warming is an issue and still be against the elite-enriching scam that is C&T. 

Sun, 05/23/2010 - 10:32 | 368541 JW n FL
JW n FL's picture

I agree... but... as much as cap and trade gives the already idiot market makers, AKA front running, AKA master lager's , AKA black box crew(s)... yet more paper to burn and yet again more of a foot hold in the space to further solidify thier grasp on our throats...

What else do we have to force the markets into a neutral emmissions stance... as well the potential benefit(s) that the American Industrial / Production work force

"??!?!?!?!?!??!?!?!?!??!?! could ?!?!?!?!?!?!?!?!?!?!?!?!?",

 

"?!?!?!?!?!?!??!?!??!?!?!?!? Maybe ?!?!?!?!?!?!??!?!!?!??!?!?!!!?"

 

"!?!?!?!??!?!?!??!?!!??!?!?!?!?? Possibly ?!?!??!?!?!?!?!??!?!?!?!?!?!" realize with the enforcement of real Tariff's against the lessor than BRIC's and / or other 3rd world emissions violators? Could we accidently do something good for American Production levels? Based on the added costs of emissions violations verse the almighty Wage Arbaraige Benefits... who knows maybe even repeal the Tax Break for Out Sourcing American Jobs? If I am going to dream I might as well Dream Big!

 

We have out sourced all of our jobs here in the U.S. to other fucking Countries... and the Companies get a tax break for sending American Jobs out of America!!!  (Outsourced! with a Tax Break from the U.S. { http://www.google.com/#hl=en&source=hp&q=Senate+legislation+S.+1637+&btnG=Google+Search&aq=f&aqi=&aql=&oq=&gs_rfai=&fp=24dcba83212914a6 } &… { http://www.aflcio.org/issues/jobseconomy/jobs/ns03312004a.cfm } &... { http://www.roanoke.com/editorials/commentary/wb/77661 }

 

figure out who owns the Whores you voted into office... here....  http://www.opensecrets.org/

 

But the rabbit is out of the hat on this stuff Bubba.... just an FYI for you, in case you want to share it...


NOAA Reports Warmest April Global Temperature on Record

·         May 19, 2010

The combined global land and ocean surface temperature was the warmest on record for both April and for the period from January-April, according to the National Oceanic and Atmospheric Administration (NOAA). Additionally, last month’s average ocean surface temperature was the warmest on record for any April, and the global land surface temperature was the third warmest on record.

The monthly analysis from NOAA’s National Climatic Data Center, which is based on records going back to 1880, is part of the suite of climate services that NOAA provides government, business and community leaders so they can make informed decisions.

The combined April global land and ocean average surface temperature was the warmest on record at 58.1 degrees F (14.5 degrees C), which is 1.37 degrees F (0.76 degrees C) above the 20th century average of 56.7 degrees F (13.7 degrees C).

 

http://eponline.com/articles/2010/05/19/noaa-reports-warmest-april-global-temperature-on-record.aspx

 

 

Sun, 05/23/2010 - 08:05 | 368439 Johnny Dangereaux
Johnny Dangereaux's picture

Posted earlier, but in case you missed, it's insightful...or was that inciteful? It's called APX

http://www.muckety.com/APX-Inc/5026516.muckety

Sun, 05/23/2010 - 09:08 | 368475 JW n FL
JW n FL's picture

Nice Grab! Thanks, I will be using this going forward... I am sure Tyler would Love the info too... maybe drop him an email, I don't know if he gets to read each and every post... and you know he will LOVE YOURS!

 

Have a GREAT! Sunday and once again Thanks for the ammo, JW

Sun, 05/23/2010 - 07:00 | 368417 Narcolepzzzzzz
Narcolepzzzzzz's picture

Al Gore's Carbon Empire, Cashing In On Climate Change:

http://www.capitalresearch.org/pubs/pubs.html?id=654

Sun, 05/23/2010 - 09:16 | 368477 JW n FL
JW n FL's picture

So if it would have been Bush it would have been ok? There is no difference, they are BOTH! Lobby Whores!

See who owns the Whores YOU! Voted into office!

http://www.opensecrets.org/

 

Sun, 05/23/2010 - 06:50 | 368412 Privatus
Privatus's picture

AGW was meant to be the ultimate elite fear promotion. This Rube Goldbergian contraption of junk science is falling apart rather nicely now at the initiation of one good man at the CRU. Goes to show the power of individual action. Cap and trade, built on AGW, cannot survive its collapse. The warmists' increasingly shrill shreeks are simply the heightened level of activity that precedes death. Won't be long now. AGW was never anything other than a sweat act.

Sun, 05/23/2010 - 05:55 | 368396 ft65
ft65's picture
London Times 23rd May  Ministers eye plan to sell motorways

 

http://business.timesonline.co.uk/tol/business/industry_sectors/transpor...

MINISTERS are planning a far-ranging sale of assets and are considering a radical proposal to privatise the roads network.

Phil Hammond, the transport secretary, is understood to be considering a proposal by NM Rothschild, the investment bank, to sell motorways and trunk roads to private contractors. They would operate and maintain the networks on behalf of the government under long-term contracts.

The scheme — which could raise tens of billions — would be similar to the private finance initiative schemes used to build schools and hospitals and the rail infrastructure.

In an interview with The Sunday Times, Vince Cable, the business secretary, also suggested he was open to the idea.

Speaking about the Rothschild plan, he said: “I thought the principle was right. I think the principle in that report, which is using assets more creatively, is something we have to look at across government.”

NM Rothschild, the architect of several privatisations, presented plans to all three main parties last autumn. In one version of the scheme the government would pay for upkeep through a system of “shadow” tolls. An alternative version, in which companies could charge motorists directly through toll booths or electronic card readers, has been ruled out.

Last year Cable was enthusiastic about the scheme, describing it as “an attractive, positive idea which could release considerable resources to the public finances and may have real environmental merits”. He described the scale as “vast”, saying it would make rail privatisation “look like small beer”.

 

 

 

Sun, 05/23/2010 - 03:17 | 368354 JW n FL
JW n FL's picture

Bill Gates on energy: Innovating to zero!

http://www.youtube.com/watch?v=JaF-fq2Zn7I&feature=PlayList&p=C1B06538A32767DF&playnext_from=PL&index=161

 

The Business of Climate Change Conference 2009

http://www.youtube.com/watch?v=wYuLjGQQ-jg&feature=PlayList&p=C1B06538A32767DF&playnext_from=PL&index=132

 

The Gigaton initiative includes Dan Kammen, director of the Renewable and Appropriate Energy Lab at the University of California Berkeley, and Tim Lipman who co-directs Berkeley’s sustainable transportation center, plus a lot of other important investors and scholars from MIT and Berkeley and Drexel and the University of Michigan.

Read more: Gigaton Throwdown is catchy and aggressive - San Francisco Business Times

To attain gigaton scale, a single technology must reduce annual emissions of carbon dioxide and equivalent greenhouse gases (CO2e) by at least 1 billion metric tons — a gigaton — by 2020. For an electricity generation technology, this is equivalent to an installed capacity of 205 gigawatts (GW) of carbon-free energy (at 100% capacity) in 2020. The 9 technologies we analyzed are examples of the potential to scale up clean energy technology:

http://www.gigatonthrowdown.org/intro.php

 

1603 PROGRAM – PAYMENTS FOR SPECIFIED ENERGY PROPERTY IN LIEU OF TAX CREDITS

http://www.ustreas.gov/recovery/1603.shtml

 

NOAA Reports Warmest April Global Temperature on Record

·         May 19, 2010

The combined global land and ocean surface temperature was the warmest on record for both April and for the period from January-April, according to the National Oceanic and Atmospheric Administration (NOAA). Additionally, last month’s average ocean surface temperature was the warmest on record for any April, and the global land surface temperature was the third warmest on record.

The monthly analysis from NOAA’s National Climatic Data Center, which is based on records going back to 1880, is part of the suite of climate services that NOAA provides government, business and community leaders so they can make informed decisions.

The combined April global land and ocean average surface temperature was the warmest on record at 58.1 degrees F (14.5 degrees C), which is 1.37 degrees F (0.76 degrees C) above the 20th century average of 56.7 degrees F (13.7 degrees C).

 

http://eponline.com/articles/2010/05/19/noaa-reports-warmest-april-global-temperature-on-record.aspx

 

Air Temperature

NOAA Paleoclimate Network of 92 Temperature Reconstructions

Global and Hemispheric

Global Surface Temperature (Geothermal Heat Flow Analysis: Boreholes), 20,000 Years, Huang et al. 2008, Text or Excel.

Global & Hemispheric Temperature, NAO, and SOI (Review), 2000 Years, Jones and Mann 2004.

Global Temperature (PCA: Tree-rings, Ice Cores, Corals, Sediments, Historical), 1000 Years, Jones et al. 1998

Global & Hemispheric Temperature (Review), Multiproxy, 2,000 Years, Ljungqvist 2009.

Global Temperature (PCA: Tree-rings, Ice Cores, Corals) and Spatial Distribution, 600 Years, Mann et al. 2000.

Global Gridded Temperature (Climate Field Reconstruction, Multiproxy), 1,500 Years, Mann et al. 2009.

Global & Hemispheric Temperature (CPS & EIV: Tree Rings, Multiproxy), 2,000 Years, Mann et al. 2008.

Global Temperature (PCA: Tree-rings, Ice Cores, Corals, Historical), 600 Years, Mann et al. 1998.

Global Temperature (Glacier Length), 400 Years, Oerlemans 2005

Global Temperature (Geothermal Heat Flow Analysis: Boreholes), 500 Years, Pollack et al. 1998.

Antarctic Temperature, EPICA Dome C, (Isotopes: Ice Core) 800,000 Years, Jouzel et al. 2007.

Antarctic Temperature, Vostok, (Isotopes: Ice Core) 414,000 Years, Petit et al. 1999.

Northern Hemisphere Temperature (Tree-ring, Ice Cores, Corals), 1000 Years, Ammann and Wahl 2007.

Northern Hemisphere & Regional Temperature (Age Band Decomp.: Tree-rings), 600 Years, Briffa et al. 2001.

Northern Hemisphere Temperature (Regression: Tree-rings), 600 Years, Briffa et al. 1998.

Northern Hemisphere Temperature (Tree-rings, Ice Cores, Historical), 1000 Years, Crowley & Lowery 2000.

Northern Hemisphere Temperature (RCS and STD: Tree-rings), 1300 Years, D'Arrigo et al. 2006.

Northern Hemisphere Temperature (RCS: Tree-rings), 1000 Years, Esper et al. 2002.

Northern Hemisphere Temperature (Ensemble, Carbon Cycle Sensitivity), 1000 Years, Frank et al. 2010.

Northern Hemisphere Temperature (Least Squares: Tree-rings), 1,500 Years, Hegerl et al. 2007, Text or Excel.

Northern Hemisphere Temperature (Boreholes, Tree-ring, Ice Cores, Corals), 500 Years, Huang 2004.

Northern Hemisphere Temperature (Review), 1000 Years, IPCC Fourth Assessment, Working Group 1, 2007.

Hemispheric Temperature, NAO, and SOI (Review), 1000 Years, Jones et al. 2001.

Northern Hemisphere Temperature (PCA: Tree-rings, Ice Cores, Corals), 1000 Years, Mann et al. 1999.

Hemispheric Temperature (Historical, Tree-rings, Ice Cores, Sediment), 2000 Years, Mann and Jones 2003.

Northern Hemisphere Temperature (Wavelet: Sediments, Tree-rings), 2000 Years, Moberg et al. 2005.

Northern Hemisphere Temperature, Warm/Cold Spatial Extent, 1,200 Years, Osborn and Briffa 2006.

Northern Hemisphere Temperature (Review/Comparison), 600 Years, Rutherford et al. 2005.

Northern Hemisphere Temperature (Speleothem Layer Thickness), 500 Years, Smith et al. 2006.

Northern Hemisphere Temperature (Tree-rings), 250 Years, Wilson et al. 2007.

Local and Regional

Greenland Temperature, 49,000 Years, Alley 2000

Arctic Temperature, 2,000 Years, Kaufman et al. 2009

Arctic Temperature, 400 Years, Overpeck et al. 1997

Antarctic Temperature, 200 Years, Schneider et al. 2006

Dome Fuji, Antarctica Preliminary Temperature, 340,000 Years, Kawamura et al. 2007

 

 

I talked with Jesus earlier and he said that Global warming is just his way of embracing the Earth with a warm hug…

Jesus says that his Dad made the earth in 7 days and that Adam after all this time he wants his rib back because Eve divorced him and took his kids. Incest is Best! We all came (pun intended) from those 2!

Jesus says that if you pump Hundreds of Billions of Ton’s of anything refined into the air and breath it that is may be bad for you… The fact that we breathe CO2, The Fact that tress LOVE! CO2 and convert CO2 to oxygen… does not mean that the refined Hundreds of Billions of Ton’s that man spews into the our atmosphere is Bad for us… The fact that India and China have 800 new coal power plants ready to go to meet their new industrial (outsourced with a Tax Break from the U.S. { http://www.google.com/#hl=en&source=hp&q=Senate+legislation+S.+1637+&btnG=Google+Search&aq=f&aqi=&aql=&oq=&gs_rfai=&fp=24dcba83212914a6 } &… { http://www.aflcio.org/issues/jobseconomy/jobs/ns03312004a.cfm } &... { http://www.roanoke.com/editorials/commentary/wb/77661 } and you can always Google for more info on the real Tax Breaks offered to American Companies to Move Jobs Offshore, why do we give Tax Breaks to Companies for putting Americans out of work and putting Foreign National to work in their home Country in the same Job?) Revolutions…

From my understanding Cap and Trade will provide incentives for companies all around the Globe to produce less refined man made CO2 and pump it into the Atmosphere…  But the Idiot Jesus Freaks want the Rapture to hurry up and come and poisoning the Earth in total is away to get what they want that much sooner… The Bear verse The Eagle in the Holly Valley… Yeah! Baby! Praying for the end of the World like only Good God Fearing Christians wood! (Pun intended, get your hard on buy praying for the end! That’s what God wants you to do! That’s being a true believer, that’s why Jesus died on the Cross… so you could Sin! Sin Away!)

 


Department of Public Information • News and Media Division • New York

Sixty-fourth General Assembly

Plenary

9th & 10th Meetings (AM & PM)

 

Small Island States Warn Ecosystems Already Threatened by Climate Change Effects,

 

Urge Drastic Reduction in Greenhouse Gases, as Assembly Continues Debate

 

Say Impact - Sea Level Rise, Dying Marine Life - Shock Wave to Fragile Economies;

Major Emitters Must Ensure Resources in Place to Meet Adaptation, Mitigation Goals

http://www.un.org/News/Press/docs/2009/ga10864.doc.htm

 

And here’s more of the Commie!, Tree! Huggin! Swill! from those Jesus Haters…

 

http://www.un.org/apps/news/story.asp?NewsID=34169&Cr=greenhouse&Cr1

 

PricewaterhouseCoopers

The projections demonstrate that if countries sit back and adopt a "business as usual" approach, the result could be a more than doubling of global carbon emissions by 2050. Based on current scientific thinking, this could have potentially serious longer term implications in terms of global warming and related climate change.

http://www.pwc.com/gx/en/world-2050/impact-of-global-growth-on-carbon-emissions.jhtml

 

What do a bunch of actuaries know about calculations? The Bean Counters are in bed with the Money Changers and are trying to Stop Jesus from giving the World a Big Warm Hug! CO2 is something God made… just because man refined it and pumps (  http://www.epa.gov/climatechange/emissions/globalghg.html ) Hundreds of Billions of “Refined” Tons into the Atmosphere does not mean it’s bad for anyone let alone this HUGE! Planet we all live on… it is not like if you put yourself in a room filled with CO2 it would kill you…

 

Here’s the plan… Everyone who Trusts in Jesus and his Big Warm Hug for the World… should have faith and Prove to these Non-Believers that Man Made, Refined and / or Purified CO2 is not going to hurt anyone in large amounts… should! Get a Garden Hose, stick on end into the tail pipe of your car and the other into the window of your car and start the motor… That Man Made, Refined and / or Purified CO2 that gets pumped into the car with you… If you really are a true believer! Should not hurt you any more than the Hundreds of Billions of Man Made, Refined and / or Purified Tons of CO2 that gets pumped into the Worlds Air supply every year… take a plant with you in the car as the plant will convert the CO2 into pure clean oxygen… one little motor can NOT! over power one of Gods creations… Man can NOT! destroy what God has Made for us all…

Sun, 05/23/2010 - 05:53 | 368395 tip e. canoe
tip e. canoe's picture

i'm actually waiting for Godzilla to return, not Jesus.

Sun, 05/23/2010 - 11:57 | 368656 RichardENixon
RichardENixon's picture

I'm kind of partial to Rodan. Very underrated monster.

Sun, 05/23/2010 - 07:52 | 368431 JW n FL
JW n FL's picture

I figured you for the "one eye'd purple people eater" Tip E., but I guess I lean towards Zilla myself... Maybe a fight with Hydra or King Kong... or the super duper cage match with the turtle.. the turtle with horns was one of my all time fav's...

 

Have a Great Sunday Tip E., JW

Sun, 05/23/2010 - 01:00 | 368297 chunkylover42
chunkylover42's picture

Cap and trade preserves the status quo.  Nothing more, nothing less.

 

 

Sun, 05/23/2010 - 09:33 | 368491 three chord sloth
three chord sloth's picture

Ding ding ding! We have a winner!

Once carbon allowances are sold, packaged like mortgages and bonds, and owned by hedge funds and pensions around the world, what are the odds that a zero-carbon energy source like fusion will be allowed to exist? Would any gov't allow carbon credits to fall to zero? No... that would cause too much financial loss for anyone who owns them.

And forget about any cheap, small, efficient carbon scrubber. A person who erases their own carbon footprint instead of buying permits would be treated like a bootlegger.

Sun, 05/23/2010 - 00:20 | 368263 Mitchman
Mitchman's picture

If the country were truly serious about pollution (note I did not use either "global warming" or "man made climate change") all it would have to do is simply tax, at the point of consumption, the fuel that causes the unwanted pollution based on the toxicity of its emissions.  So, for example, if high-sulfur coal were to be judged scientifically (whatever that means) to be the greatest contributor to pollution, then any user of HSC would pay a very high tax per ton used.  If next the next contributor were say, gasoline, the any user of gasoline would pay a slightly lower, albeit still punitive tax.

Of course, such a simple system would have two primary drawbacks for the whores in Washington: 1) the tax system would gore (sorry about that) somebody's ox and would actually make people see the real cost of the legislation they were thirsting for ; and 2) the tax system would not create a system to extort campaign and other contributions from whatever industry wanted the most credits and the lowest cap.

Sun, 05/23/2010 - 01:00 | 368296 MortySills
MortySills's picture

I prefer sticking to good old fashioned Property Rights. If you can prove someone is polluting your property, you go after them. 

Sun, 05/23/2010 - 18:46 | 369135 moneymutt
moneymutt's picture

yeah, like the lawsuit the fishermen of AK did against Exxon after Valdez spill, that worked out well for them..

Are you saying every man woman a child has to collect data from their area, prove medical harm to them personally, create a class for a class action lawsuit and take 10 to 15 years to get it resolves? Really? Do you work for the trial lawyers association?...and how is that more open, fair, representative, effective and efficient than democracy deciding harm via scientific panels and peoples opinions on quality of life priotities elected officials and assessing tax, here and now, to stop something that is harming nearly everyone in someway....

If we the people want clear air, we know it will make some things more expensive, but we attempt to be a democracy, so we can vote to tax the dirtiest til we get clean air and then do some good with the revenue like supporting alternative energy research, helping people displaced by the shift in the economy due to this choice, or reducing sales tax or all above or , whatever...

If we feel too poor to pay tax or don't want to harm the dirtiest business' incomes in anyway, then fine, we can vote to be like Bejing, cough away, and save a few bucks...I like the democracy idea better than roving gangs of lawyers making all the money and plaintiffs waiting years for redress.

Sun, 05/23/2010 - 00:09 | 368257 Quantum Nucleonics
Quantum Nucleonics's picture

Since global warming (aka climate change) has been shown to be a farce, it stands to reason that measures to control it would be a scam and a farce as well.  The leaked emails and source codes from climate researchers show climate change to be a manufactured crisis designed for political gain.

Sun, 05/23/2010 - 03:23 | 368360 JW n FL
JW n FL's picture

Here’s the plan… Everyone who Trusts in Jesus and his Big Warm Hug for the World… should have faith and Prove to these Non-Believers that Man Made, Refined and / or Purified CO2 is not going to hurt anyone in large amounts… should! Get a Garden Hose, stick on end into the tail pipe of your car and the other into the window of your car and start the motor… That Man Made, Refined and / or Purified CO2 that gets pumped into the car with you… If you really are a true believer! Should not hurt you any more than the Hundreds of Billions of Man Made, Refined and / or Purified Tons of CO2 that gets pumped into the Worlds Air supply every year… take a plant with you in the car as the plant will convert the CO2 into pure clean oxygen… one little motor can NOT! over power one of Gods creations… Man can NOT! destroy what God has Made for us all…

Sat, 05/22/2010 - 23:56 | 368249 silvertrain
silvertrain's picture

 We are going to get ahead of this one..Even though the fin reg didnt get done what it needed to get done there was an immense amount of pressure put on there ass and things almost unraveled a couple of times..These guys in there now are put on notice that alot of america has woke up from a nap and have proceded to start to get rid of the dead weight in people like spector , bennet etc..Cap and trade does not have a chance in hell now..They should have come with what they wanted first because they shot there load on any future nonsense..There are masseswaking up daily since they dont have a job to go to ..They can just log onto facebook and procede with the daily beat downs of there local elected officials..17 States have now adopted Arizonas immigration laws,lol..

Sat, 05/22/2010 - 23:50 | 368246 optionrat
optionrat's picture

Looks like no one is watching Glenn Beck, if you did you would know who owned CCX. Our President, algore, GoldmenS and many others.

Beck calls this segment "Crime Inc."  This could get him wacked.

Sun, 05/23/2010 - 08:44 | 368461 nikku
nikku's picture

I've actually started Tivo-ing Beck.  Despite his Elmer Gantry-esque fireside chattiness (that's about how confused his style is!), he is calling out the criminals.  I want to make sure I know what is actually getting "out there" while we discuss it "in here."

Sun, 05/23/2010 - 01:10 | 368304 DoChenRollingBearing
DoChenRollingBearing's picture

+ 1000 to Glenn Beck.  He may be on the fringe, but he speaks truth to power.

This whole damn (anthropogenic global warming = our fault) AGW is so full of mierda that it almost drives me nuts.  Yet GS is the center of the AGW $$$$$ to be made by issuing the certificates (I cannot provide a link in my present drunken condition).

.....

Kind of O/T, I am working on an essay on why world economic growth is dead for various reasons (peak oil & resources, NOTHING (investment/capital) I can see worth borrowing money at even 0%, etc.).  If I finish it, I will toss into the ZH arena for comments.

At this point (amigos mios), I find very few growth investments.  Now it is preservation of capital that rules.

Sun, 05/23/2010 - 08:46 | 368462 moneymutt
moneymutt's picture

by the way, if you think GoldmanSacs is the part of the enemy to the people, consider what an ardent supporter of W that Beck was and how cozy both parties have been with GoldmanSacs...watch some of Becks stuff from when he was on CNN when W was in office...it will inform your opinion of Beck.

Sun, 05/23/2010 - 11:40 | 368639 Fascist Dictator
Fascist Dictator's picture

If you had watched him on CNN more often you would have heard him renounce his support of BushII. He admits his mistake. When the stimulus package was announced Glenn Beck was originally for it, but three days later he realized his error and vehemently spoke out against it.

The Chicago Climate Exchange (CCX) was created through funding by the Joyce Foundation of which Obama was a board member and gave them $1.8 Million in start up funds. Then Al Gore (who owns 2 carbon trading companies) and GS jumped on board. Jim Rogers (Apollo Alliance, the people who wrote the stimulus bill) and Valerie Jarrett (Obama's "soulmate") are also involved. Franklin Raines purchased four (4) "Green" patents while he was with Fannie Mae. What the hell does a mortgage company need green patents for? One of them is a portion of the Smart Grid. Another will put locks on your electrical outlets. God forbid you use more than your quota of power and don't have the carbon credits to cover your usage. You won't be able to sell your house unless the Climate Cops have granted you a green certificate and you'll have to display it while your place is on the market. If you're not compliant it will cost you to become so. The CCX has nothing to do with climate, it's all about redistribution of our wealth into the elites pockets. This is all about the destruction of the Middle Class in this country. Good bye USA, hello USSA.

Sun, 05/23/2010 - 08:43 | 368458 moneymutt
moneymutt's picture

Glenn Beck throws out a populist nugget every now and then, so as not to appear as the sell out he is. He is designed to take rebellious fervor off into intellectual quagmires. He will occasionally say something that is truthfully opposed to the MSM memes that help the establishment but he will not focus on these things. Dylan Ratigan exposes more truth, intelligently in one show than Beck does babbling about the meaning of the word progressive 100 years ago for show after show. Consider his emphasis, how much time does he spend on bank bailouts, the Fed, etc? 

Sun, 05/23/2010 - 10:50 | 368569 JohnKing
JohnKing's picture

Beck showed his true colors when he junked Debra Medina in the Texas Republican primary for Governor. He handed victory to uber-neo-con and NWO puppet Rick Perry.

Sat, 05/22/2010 - 23:33 | 368235 Trial of the Pyx
Trial of the Pyx's picture

Wow, pulling Democracy Now! into ZH

tres cool Mr. Washington

Ms Goodman is one of the finest journalists remaining...a treasure.

Sun, 05/23/2010 - 07:01 | 368418 chumbawamba
chumbawamba's picture

Totally agreed.  Amy is hot!

I am Chumbawamba.

Sat, 05/22/2010 - 23:25 | 368215 Mercury
Mercury's picture

This is the greatest rent-seeking ploy ever devised: securitize the fucking air, force private businesses to buy the credits and then facilitate their trading in the capital markets - I mean, what could possibly go wrong?

Oh but wait, it gets better. Franklin Raines, the CEO who drove Fannie Mae into the ditch, "invented" a system to trade these carbon credits (which is great because how else would the whole buying and selling thing work?) and then he successfully patented it the day the Dems took control of Congress in '06 (ta-da!). Fannie Mae now jointly owns the patent and there is likely a plan to re-birth that bankrupt government shit-show into some kind of money-grubbing carbon gatekeeper.

http://www.washingtonexaminer.com/opinion/columns/Fannie-Mae-owns-patent...

Sen. Kerry is all set with a cap and trade bill but the poor dear has delayed it's introduction while this Arizona immigration kerfluffle is still on page one.

Sun, 05/23/2010 - 01:15 | 368311 agrotera
agrotera's picture

"securitize the fucking air"...YES!!! next each of us will each have buy lifetime credits-- when a child is born-- new CO2 emmissions but of course the parent must pay for the lifetime credit or lose the child into the other manditory system of children without lifetime carbon credit bought and sold on the CWLCC (Children Without Lifetime Carbon Credit) Exchange...where will it all end!!!!!!!!!!!!!!! 

Sat, 05/22/2010 - 22:41 | 368197 Fred Hayek
Fred Hayek's picture

I strongly urge anyone interested in the issue of "global warming" to check out Montford's book, The Hockey Stick Illusion.  It explains how canadian mining engineer Steven McIntyre has painstakingly demolished so many of the purported arguments and studies supporting the theory of anthropogenic global warming. 

It's really incredible and pathetic that we might waste billions we can't afford ineffectually fighting a problem which essentially doesn't exist. 

 

Sun, 05/23/2010 - 03:21 | 368359 JW n FL
JW n FL's picture

Here’s the plan… Everyone who Trusts in Jesus and his Big Warm Hug for the World… should have faith and Prove to these Non-Believers that Man Made, Refined and / or Purified CO2 is not going to hurt anyone in large amounts… should! Get a Garden Hose, stick on end into the tail pipe of your car and the other into the window of your car and start the motor… That Man Made, Refined and / or Purified CO2 that gets pumped into the car with you… If you really are a true believer! Should not hurt you any more than the Hundreds of Billions of Man Made, Refined and / or Purified Tons of CO2 that gets pumped into the Worlds Air supply every year… take a plant with you in the car as the plant will convert the CO2 into pure clean oxygen… one little motor can NOT! over power one of Gods creations… Man can NOT! destroy what God has Made for us all…

Sun, 05/23/2010 - 00:48 | 368285 MortySills
MortySills's picture

visit the Heartland Institute's webpage

http://www.heartland.org/environmentandclimate-news.org/index.html

and click on the links to the 1st through 4th international conference on climate change. anyone who prefers a video lecture over the books is in luck because even McIntyre showed up in chicago this year to do his presentation. I prefer to listen to Prof Richard Lindzen, an MIT professor, who delivers his talks in a calm leisurely pace, slow enough for me to let it "click" in my head, but quick enough to stimulate the idea formations. the first 3 conferences are posted at Heartland, but the forth is only available at PJTV as far as I know.

http://www.pjtv.com/?cmd=mpg&mpid=144

I hope everyone can check it out in their spare time since it is clearly not bogus or a hurried, irrational assault designed to confuse the listener/ viewer into apathetic submission (the preferred alarmist tactic). It IS intelligent, spirited, and as far as I can tell, honest people getting to the bottom of what is really going on. 

Sun, 05/23/2010 - 08:16 | 368445 JW n FL
JW n FL's picture

Carbon emissions fall by steepest in 40 years

(Reuters) - Global emissions of the commonest man-made greenhouse gas carbon dioxide will fall by the sharpest rate in 40 years in 2009 following tumbling factory output, the International Energy Agency said on Monday.

The world must use the drop of about 2.6 percent to drive a global fight against climate change, rather than allow emissions to rise again as after previous recessions, Fatih Birol, IEA chief economist, told Reuters in an interview.

 

"The biggest fall (in about 40 years) was in 1981, at 1.3 percent, after oil price shocks and economic troubles," Birol said. "We estimate this year the fall will be around twice that."

http://www.reuters.com/article/idUSTRE58K2AN20090921

 

Chapter 8 - Energy-Related Carbon Dioxide Emissions 

In 2006, non-OECD energy-related emissions of carbon dioxide exceeded OECD emissions by 14 percent. In 2030, energy-related carbon dioxide emissions from the non-OECD countries are projected to exceed those from the OECD countries by 77 percent.   

Because anthropogenic emissions of carbon dioxide result primarily from the combustion of fossil fuels, world energy use continues to be at the center of the climate change debate. In the IEO2009 reference case, world energy-related carbon dioxide emissions grow from 29.0 billion metric tons in 2006 to 33.1 billion metric tons in 2015 and 40.4 billion metric tons in 2030.44

From 2005 to 2006, total energy-related carbon dioxide emissions from the non-OECD countries grew by 5.2 percent, while emissions from the OECD countries declined by 0.3 percent. The decline in OECD countries’ carbon dioxide emissions is projected to continue through 2010, as fossil fuel demand contracts, in part because of the current global recession. Consequently, annual emissions from the non-OECD countries exceed those from the OECD countries by more than 30 percent in 2010 (Figure 80). Over the 24-year projection period, the average annual increase in non-OECD emissions from 2006 to 2030 (2.2 percent) is seven times the rate projected for the OECD countries (0.3 percent). In 2030, non-OECD emissions (25.8 billion metric tons) exceed OECD emissions (14.6 billion metric tons) by 77 percent.

http://www.eia.doe.gov/oiaf/ieo/emissions.html

 

Bill Gates on energy: Innovating to zero!

http://www.youtube.com/watch?v=JaF-fq2Zn7I&feature=PlayList&p=C1B06538A32767DF&playnext_from=PL&index=161

 

The Business of Climate Change Conference 2009

http://www.youtube.com/watch?v=wYuLjGQQ-jg&feature=PlayList&p=C1B06538A32767DF&playnext_from=PL&index=132

Sat, 05/22/2010 - 22:32 | 368192 Apostate
Apostate's picture

You start a carbon securities issuance firm for the tax credits. As far as I can tell, that market has almost no volume.

The securities are just dumped on the market and the company can collect the tax credits.

Sun, 05/23/2010 - 09:04 | 368473 JW n FL
JW n FL's picture


Cap and trade versus offsets created through a baseline and credit approach

The textbook emissions trading program can be called a "cap-and-trade" approach in which an aggregate cap on all sources is established and these sources are then allowed to trade amongst themselves to determine which sources actually emit the total pollution load. An alternative approach with important differences is a baseline and credit program.[21]

In a baseline and credit program polluters that are not under an aggregate cap can create credits, usually called offsets, by reducing their emissions below a baseline level of emissions. Such credits can be purchased by polluters that do have a regulatory limit.[22]

Economics of international emissions trading

It is possible for a country to reduce emissions using a Command-Control approach, such as regulation, direct and indirect taxes. The cost of that approach differs between countries because the Marginal Abatement Cost Curve (MAC) — the cost of eliminating an additional unit of pollution — differs by country. It might cost China $2 to eliminate a ton of CO2, but it would probably cost Sweden or the U.S. much more. International emissions-trading markets were created precisely to exploit differing MACs.

http://en.wikipedia.org/wiki/Emissions_trading

 

January 7, 2010, 10:31 am

Carbon Market Grew as Prices Fell in 2009

By JAD MOUAWAD

Shutterstock The global carbon market rose to 8.2 billion metric tons of carbon dioxide equivalent in 2009, according to a consulting firm.

In spite of the global economic slowdown, the market for trading carbon dioxide jumped by 68 percent last year compared with the previous year, but the value of the market remained roughly unchanged after carbon prices fell.

The global carbon market rose to 8.2 billion metric tons — or gigatons — of carbon dioxide equivalent, according to the consulting firm Point Carbon, mainly because of an increase in trading activity in Europe. But because carbon prices fell last year, the market’s total value was nearly the same for the past two years.

http://green.blogs.nytimes.com/2010/01/07/carbon-market-grew-as-prices-fell-in-2009/

 

A Carbon Tariff Would Do Just What the Secretary Locke Wants!!!


The interesting thing is that a method for directly incorporating the carbon content of goods into their price, regardless of where they were produced, would go a long way towards leveling the playing field for US companies -- like Locke originally suggested. Goods shipped from China and produced through more energy-intensive means would rise in price and make locally made products that much more attractive.

 

If China refuses to play nice, we tax them at the door... Thusly U.S. Products are back en vogue! We may even enjoy going back to an economy that does more than poor cups of coffee at starbucks!

China imports its Iron Ore from Brazil (as well Australia)... only to ship it to China... so that China can turn the raw ore into steel... too turn right back around and ship it back to the U.S. so that we can build with it... Well in the near term it will be cheaper to pay our Guys, at FUCKING HOME! $150 buck an hour than ship the ore and finished product 6,000 - 8,000 miles... and 12,000(ish) if its going to the east coast...

Considering we are ahead of the clean energy producing game, why would we not want to be able to hold China's or other wage arbitrage hot spots feet to the fire in order to regain some of our own fucking market share?

We have out sourced all of our jobs here in the U.S. to other fucking Countries... and the Companies get a tax break for sending American Jobs out of America!!!  (Outsourced! with a Tax Break from the U.S. { http://www.google.com/#hl=en&source=hp&q=Senate+legislation+S.+1637+&btnG=Google+Search&aq=f&aqi=&aql=&oq=&gs_rfai=&fp=24dcba83212914a6 } &… { http://www.aflcio.org/issues/jobseconomy/jobs/ns03312004a.cfm } &... { http://www.roanoke.com/editorials/commentary/wb/77661 }

 

Plainly, we need to rebuild our production capacity and consume more from home than anywhere else... A dollar will circulate within a local community 7 times before it gets sucked out... we can stimulate our selves buy playing with ourselves for the benefit of the Country! The SEC is giving lessons on circle jerks! But seriously, we need to manufacture more and import fucking less for our own good... Cap and Trade may get Goldman and the idiots on Wall Street more paper money but it does help push our economy up by forcing the pricing when the imported stuff is inclusive of the Carbon tariff because of dirty energy used to produce the product.

 

We should be able to pick and choose some battles that are in fact winnable here and push for them. Letting the house of cards fall while strictly being a service industry Country does not make us any better off. America should make the best shit in the world and sell it for a higher price than anyone else in the World. Enough Servitude Jobs! Enough of Dumbing the Country down thru the Public school systems! FUCKING ENOUGH! Sorry to rant.

Be well, JW

 

 

 

Sat, 05/22/2010 - 21:06 | 368140 zeta34
zeta34's picture

Goldman has made some sizeable investments in cap and trade, so as sure as the sun will rise, cap and trade will become reality in the US.

Sun, 05/23/2010 - 06:57 | 368415 chumbawamba
chumbawamba's picture

If so, then Goldman is the enemy and must be purged.

I can see a day coming when open season is declared on Goldman Sachs management.  They'll be hunted for sport.  Goldman would simply dissolve due to lack of leadership.

Are they gonna push us that far?

I am Chumbawamba.

Sun, 05/23/2010 - 07:58 | 368434 Johnny Dangereaux
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