It's going to cause sea levels to rise!" cry the coastal scientists and fisheries experts. "It will massively displace wildlife!" scream the biological scientists. "It will prolong droughts and intensify rainfalls," warn the geologists and agricultural scientists. Their wailing fills up their applications for billions of dollars in grants from governments and sympathetic nonprofit foundations.(via Planet Gore)
But these outcries miss the point, because they do not address the core issue of whether the temperature uptick (of one degree Celsius) over the last century is attributable chiefly to man's influence and thus mitigable, or to natural fluctuations and that nothing can be done about it. In other words, the vast majority of research (80 percent? 90 percent? more?) tied to climate change has nothing to do with its cause.
Therefore we have a whole derivative economic sector constructed on the foundation of a single premise: that increasing greenhouse gas emissions are having a greater impact on global climate than are other phenomena such as solar activity, cloud cover, ocean temperatures, El Niño/La Niña, etc. If that single thesis is deemed false, then all these offshoot opportunities for researchers, government, universities, nonprofits, rent seekers, and media goes into a deep chill. Goodbye grants. Adios agency positions. Ciao, charitable contributions. So long, subsidies. And where hast thou gone, writing awards? . . .
When you think about it, the global warming industry is not dissimilar to the current mortgage-instigated mess the country now faces. We have a planetary heat crisis and an insufficient home ownership crisis. Government demands intervention to remedy both mistaken theories. Media joins in celebrating and promoting the new agenda. A bubbling system of artificial wealth is created. But because both foundations are shaky, they cannot hold up the continued weight placed upon them.
One has finally collapsed. When will the other?
Aristotle-to-Ricardo-to-Hayek turn the double play way better than Plato-to-Rousseau-to-Rawls
Tuesday, October 28, 2008
Shorting Climate Change Futures
Paul Chesser in in The American Spectator:
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