The View From 1776

Betting Your Retirement Savings on Al Gore

James V. DeLong’s article on TCS Daily presents a useful analytical approach to assessing the global warming hype.

Al Gore and company are betting that global warming is a 100% sure thing and that the 100% certain cause is CO2 accumulations. 

If the new Democratic Congress, as threatened, legislates on the basis of Mr. Gore’s dire predictions you will have paid for their actions with a drastic reduction in the future value of your assets, very possibly without affecting global temperatures at all.

In contrast, successful investors in assets of all kinds know that making money depends upon realistic measurement of the odds.  And the odds of anything in the real world, including Mr. Gore’s disaster predictions, are seldom anywhere near 100%.

Posted by .(JavaScript must be enabled to view this email address) on 01/30 at 02:24 AM
  1. GLOBAL WARMING: Nutcases say its all man's fault. Nutcases say its all natural cycles. The truth is somewhere in the middle. We are not blameless yet we aren't totally at fault.

    People need to get pragmatic and weigh all the evidence. Wingers like black and white reasoning but it usually is nonsesne.
    Posted by James Veverka  on  01/31  at  12:04 AM
  2. Man is responsible for polution but that isn't what causes global warming. CO2 isn't even a pollutant but, it gets the blame even though man only contributes 1/2 of one percent of all greenhouse gases.

    What has caused the 18,000 year warming trend?

    quote:
    "Greenhouse gases" in Earth's atmosphere also influence Earth's temperature, but in a much smaller way. Human additions to total greenhouse gases play a still smaller role, contributing about 0.2% - 0.3% to Earth's greenhouse effect.

    Major Causes of Global Temperature Shifts

    (1) Astronomical Causes

    * 11 year and 206 year cycles: Cycles of solar variability...
    * 21,000 year cycle: Earth's combined tilt and elliptical orbit around the Sun...
    * 41,000 year cycle: Cycle of the +/- 1.5
    Posted by JanPBurr  on  01/31  at  02:39 AM
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