Ooops! Everyone re-do your costs for Global "Warming"

Discussion in 'Economics' started by Xspurt, Dec 2, 2009.

  1. Obama Urged to Earn His Nobel Prize at Climate Talks

    http://www.bloomberg.com/apps/news?pid=20601085&sid=ajDav7rcEu3Q

    Dec. 11 (Bloomberg) -- President Barack Obama had not even accepted his Nobel Prize in Oslo yesterday before environmental advocates began calling on him to earn it when he attends climate talks in Copenhagen next week.

    “Obama, in part, has been awarded the Nobel Prize with the expectation that he will deliver the kind of leadership necessary to get a climate treaty,” Greenpeace USA’s Damon Moglen said on Dec. 9, a day before Obama won the same prestigious award given to Al Gore two years ago for his work on climate change. “He won it, and now is the time to earn it.” ...

    ‘Earn It’

    In Copenhagen, where the United Nations is holding its 15th annual “conference of the parties,” or COP15, an international meeting on climate change, environmental groups handed out stickers reading “Obama: Win it in Oslo. Earn it at COP15.” More...
     
    #171     Dec 11, 2009
  2. #172     Dec 11, 2009
  3. HEAT OF THE MOMENT
    U.N. climate chief cashes in on carbon
    Tied to conglomerate that stands to make hundreds of millions in emissions scheme

    NEW YORK – A story emerging out of Britain suggests "follow the money" may explain the enthusiasm of the United Nations to pursue caps on carbon emissions, despite doubts surfacing in the scientific community about the validity of the underlying global warming hypothesis.

    A Mumbai-based Indian multinational conglomerate with business ties to Rajendra K. Pachauri, the chairman since 2002 of the U.N. Intergovernmental Panel on Climate Change, or IPCC, stands to make several hundred million dollars in European Union carbon credits simply by closing a steel production facility in Britain with the loss of 1,700 jobs.

    The Tata Group headquartered in Mumbai anticipates receiving windfall profits of up to nearly $2 billion from closing the Corus Redcar steelmaking plant in Britain, with about half of the savings expected to result from cashing in on carbon credits granted the steelmaker by the European Union under the EU's emissions trading scheme, or ETS

    http://www.wnd.com/index.php?fa=PAGE.view&pageId=118659
     
    #173     Dec 11, 2009
  4. MAKE 90,000 UNEMPLOYED TO RECEIVE GBP1Bn

    LAKSHMI MITTAL, Britain’s richest man, stands to benefit from a £1 billion windfall from a European scheme to curb global warming. His company ArcelorMittal, the steel business where he is chairman and chief executive, will make the gain on “carbon credits” given to it under the European emissions trading scheme (ETS).

    The scheme grants companies permits to emit CO2 up to a specified “cap”. Beyond this they must buy extra permits. An investigation has revealed that ArcelorMittal has been given far more carbon permits than it needs. It has the largest allocation of any organisation in Europe.

    The investigation has also shown that ArcelorMittal and Eurofer, which represents European steel makers at European level, have lobbied intensively in Brussels. This has included threatening to move plants out of Europe at a cost of 90,000 jobs, and asking European commissioners to meet Mittal.

    ArcelorMittal is now free to sell its surplus permits on the market or to hoard them for future use. The latter would allow it to avoid cutting greenhouse gas emissions for years, effectively undermining the point of the scheme.

    Either way, the company will have gained assets worth around £1 billion by 2012. The eventual value could be much greater. Each carbon permit is currently worth about £12.70 but the European Union has said it wants to drive this price above £30.

    The disclosure comes on the eve of the Copenhagen climate conference, whose main aim is to extend schemes such as the ETS into a global system for trading carbon.

    http://business.timesonline.co.uk/tol/business/industry_sectors/industrials/article6945991.ece
     
    #174     Dec 11, 2009
  5. When I was a kid I was so glad I didn't live in a commie country with no freedom of speech and the media being state controlled.

    Now it's coming our way in the name of Climate Change...

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    #175     Dec 12, 2009
  6. Dear Xspurt,

    Nice to see such a Rainbow warrior spirit in yourself... The last video that you post is straight to the point.

    However we have as the people to remember that the "police" guy is only following order. We have to remember he is doing this because he is under the law of these people...

    And I must say that I know that in every soldier in the world there is this hope to make the world a better place ( or a least not worst ;) )...

    I respect them, and I know that when the time will come, they will know where their heart is... Remember in their job, they are giving their life for others.

    This their Oath :

    "I, (NAME), do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; and that I will obey the orders of the President of the United States and the orders of the officers appointed over me, according to regulations and the Uniform Code of Military Justice. So help me God. "
     
    #176     Dec 12, 2009
  7. There is an unending amount of "Inconvenient Truth" about the Globalist directed Global Warming false reality! :cool:

    The national sovereignty "end-a-round" is one of THEIR prime agendas! Anyone who at all tries to challenge THEIR false paradigm in public is immediately neutralized......the very common repeating pattern that never ends (since THEY have control of the information flow.....for now).
     
    #177     Dec 12, 2009
  8. dear AMT4SWA,

    look at the shape of the European Parlament... ( hint, there was a similar building before... )

    ahaha they make laugh... because they are totally futile... soon noone will remember them.
     
    #178     Dec 12, 2009
  9. MKTrader

    MKTrader

    I haven't been dealing with you because you can't seem to grasp the basic problems of question-begging research exposed by Climategate (but long known beforehand). For example, your quote "It shows once your mind is made up it's made up and no facts/science is going to change your mind?" is exactly your problem. Your mind is made up and 9-minute soundbite Youtube videos are ample "evidence" to convince you.

    Brush up on basic grammar, your understanding of logical/statistical fallacies and chew on this for a bit:

    http://wattsupwiththat.com/2009/12/...es-nothing-to-see-here-move-along/#more-13710

    Then maybe you can turn the hysteria level down a few notches and have a rational discussion.
     
    #179     Dec 12, 2009
  10. Beyond debate?

    10 December 2009

    The Copenhagen summit is in full force, and so too is the idea that man-made global warming is incontrovertible. But Martin Cohen argues that the consensus is less a triumph of science and rationality than of PR and fear-mongering

    Is belief in global-warming science another example of the "madness of crowds"? That strange but powerful social phenomenon, first described by Charles Mackay in 1841, turns a widely shared prejudice into an irresistible "authority". Could it indeed represent the final triumph of irrationality? After all, how rational is it to pass laws banning one kind of light bulb (and insisting on their replacement by ones filled with poisonous mercury vapour) in order to "save electricity", while ploughing money into schemes to run cars on ... electricity? How rational is it to pay the Russians once for fossil fuels, and a second time for permission (via carbon credits) to burn them (see box page 36)? And how rational is it to suppose that the effects of increased CO2 in the atmosphere take between 200 and 1,000 years to be felt, but that solutions can take effect almost instantaneously?

    Whether rational or not, global warming theory has become a political orthodoxy. So entrenched is it that those showing any resistance to it are described as "heretics" or even likened to "Holocaust deniers".

    Paul Krugman, the Nobel prize-winning economist, professor of economics and international affairs at Princeton University and columnist for The New York Times, has said: "Is it fair to call climate denial a form of treason? Isn't it politics as usual? Yes, it is - and that's why it's unforgivable ... the deniers are choosing, wilfully, to ignore that threat, placing future generations of Americans in grave danger, simply because it's in their political interest to pretend that there's nothing to worry about. If that's not betrayal, I don't know what is." MORE...

    http://www.timeshighereducation.co.uk/story.asp?sectioncode=26&storycode=409454&c=2

    ...Policymakers seem not to be aware of what the modellers know: that the results of their climate simulations are "likely to remain speculative for some time to come" and that people should be "extremely wary of extrapolating results to longer periods".

    This demonstrates that the present climate-change models aren't just useless - by offering spurious precision, they are worse than useless...

    MISLEADING PORTRAITS

    There are many ways to fool people, and linking images with complex theories is a good one.

    One of the most potent images used to show the impact of rising global temperatures was that of fishing boats stranded in a desert that was once the world's largest freshwater sea. It features in Al Gore's An Inconvenient Truth and in his 1992 book, Earth in the Balance: Ecology and the Human Spirit.

    But the Aral Sea is actually not a sea, but rather a huge lake supplied by rivers, which have been gradually choked off since the end of the Second World War by Soviet-era irrigation schemes. Its plight has nothing to do with global warming.

    Nor do polar bears.

    When Gore used a picture of two polar bears supposedly stranded on a melting iceberg to support his claims about global warming, he chose a photo that had been taken by Amanda Byrd, a marine biology student, on a research cruise in August 2004, a time of year when the fringe of the Arctic ice cap normally melts. The image was later distributed by Environment Canada, a Canadian government department, to media agencies.

    With that polar bear picture on the screen behind him, Gore says, "Their habitat is melting ... beautiful animals, literally being forced off the planet. They're in trouble, got nowhere else to go."

    However, Byrd says that when she took the picture, the bears didn't appear to be in any danger. An Environment Canada spokesman, Denis Simard, told The National Post, a Canadian newspaper, that you "have to keep in mind that the bears aren't in danger at all. It was, if you will, their playground for 15 minutes ... they were not that far from the coast, and it was possible for them to swim."

    The polar bear is still the symbol of the effects of global warming - but it is a cleverly designed marketing symbol, and not a rational, scientific marker...

    In An Inconvenient Truth, Al Gore unveils as the "scientific" highlight a graph offering a clear correlation between temperature and CO2, as discovered in core samples of polar ice, with these words: "The relationship is actually very complicated, but there is one relationship that is far more powerful than all the others - and it is this. When there is more carbon dioxide, the temperature gets warmer, because it traps more heat from the Sun inside."

    He then asks "Do they go together?" and extends the lines on the graph to terrifying levels.

    Well, hang on a minute. First of all, historically, CO2 levels and temperatures have not marched in "lock step". Over geological time, the only thing the two variables share is a random walk. The Late Ordovician period saw CO2 concentrations nearly 12 times higher than those of today - and it was also an Ice Age. In fact, over the past 600 million years, only on two occasions have CO2 levels been as low as they are now, at below 400 parts per million...

    WITH ALL THE GAS AROUND, THERE'S SOME BLOAT

    "We are witnessing the birth of the greatest and most complex commodity market the world has seen," wrote The Times' environment editor, Jonathan Leake, in a November 2008 article.

    Carbon-trading schemes originate from the Kyoto Protocol on climate change. Governments adhering to the protocol impose limits on the CO2 that companies can emit; the firms are then obliged to buy annual permits to exceed them. Permits are bought from governments or from carbon traders in the City who charge a commission. In terms of dollars, the World Bank has estimated that the size of the carbon market was $11 billion (£6.6 billion) in 2005, $30 billion in 2006 and $64 billion in 2007. The money collected by the UK Treasury, for example, came mainly from UK power companies, with the cost added directly to heating bills.

    Meanwhile Russia - because when the Kremlin signed up to the Kyoto treaty it was given an annual emissions limit based on the dirty old Soviet industries - has accumulated emissions permits for about 4 billion tonnes of CO2. Call it a £50 billion early Christmas present from Western consumers.
     
    #180     Dec 13, 2009