I have a confession to make…it ain’t much fun to talk climate change at a time where AGW and especially Catastrophic AGW are taking blows left, right and center. So in order to keep this blog lukewarm, here’s a heartful “thanks!” to New Scientist for providing the context for planetary temperatures so far:
And yes, our current climate WARMING catastrophe is at the bottom right.
(guest post by Fay Tuncay – slightly edited by the author)
I attended the Battle of Ideas event yesterday at the Royal College of Art in London, “Can we trust the evidence? The IPCC – a case study“. The answer is unequivocally NO! [BTW Fora TV – The world is not thinking, was there so a video will follow] It was interesting to note that there were about a dozen empty seats – certainly not your usual ‘wall to wall greens’, indicating perhaps that the IPCC and global warming, has gone off the boil and is not such a hot ticket any more.
And, I might add that, in a sense – from the greens perspective – this event was very much an opportunity for the them to publicly re-group, to wash their dirty laundry, to acknowledge and confess the past sins of the IPCC and to say: “Okay the IPCC is guilty of overt cheating and made mistakes, but essentially the science is sound and we just want to put all of that ‘Climategate’ affair behind us and move on.”
In a nutshell, this was the purpose of Fred Pearce (New Scientist), who argued this case, [and is obviously attempting to maintain his credibility and readership], and I must admit I do find him an able journalist, who sadly just hasn’t yet cottoned on to the fact that he has become a cheerleader for high-risk speculative capitalism i.e. carbon trading.
He is still under the delusion that this debate is about the science and the environment, which of course we know it is not – it’s about carbon taxes, sucking the wealth out of Britain; it’s about creating a new carbon/climate change banking system [lots more of our dosh going in to the pockets of the bankers]; essentially this debate is about power, greed, and the conflict, within capitalism between as I mentioned high-risk speculative capitalism v investment capitalism, and if the carbon traders win we will undoubtedly be further robbed of our democratic rights and freedoms, to say nothing of the imposition of devastating regressive carbon taxes on our poorest citizens.
Finally, the claim is sometimes made that if computer models were any good, people would be using them to predict the stock market. Well, they are!
A lot of trading in the financial markets is already carried out by computers. Many base their decisions on fairly simple algorithms designed to exploit tiny profit margins, but others rely on more sophisticated long-term models.
Major financial institutions are investing huge amounts in automated trading systems, the proportion of trading carried out by computers is growing rapidly and a few individuals have made a fortune from them. The smart money is being bet on computer models.